Broadcasting – TV
(CBS) CBS Corporation – Bull of the Day
CBS Corporation’s (CBS) fourth-quarter 2011 earnings of $0.57 per share surpassed the Zacks Consensus Estimate of $0.53 and surged 23.9% from $0.46 earned in the year-ago quarter buoyed by growth in...
(CBS) CBS Corporation Extends NFL Deal
CBS Corporation (CBS) recently announced that it has extended its broadcast rights deal with the National Football League (NFL) for nine more years. However, the financial terms of the deal were not disclosed.
The...
(TV) Grupo Televisa S.A. – GDS – Bear of the Day
We reaffirm our Underperform recommendation on Grupo Televisa S.A. (TV) global depositary shares (GDS) ahead of its third quarter-2011 financial results. Televisa lost a significant amount of advertising revenue...
(RCI) Rogers Communications Announces Diversification
Rogers Communications Inc. (RCI), a leading cable MSO and wireless operator in Canada, has decided to diversify vertically. Management plans to apply to government for introducing a bank under the Canadian...
(RCI) Rogers Communications Launched LTE Network
Yesterday, Rogers Communications Inc. (RCI) achieved a milestone as the company was the first in Canada to launch an LTE network.
Initially the LTE network is deployed in the Ottawa region, which will...
(RCI) Rogers Communications to Launch LTE in 2011
Rogers Communications Inc. (RCI), the largest cable MSO of Canada, will launch its first next-generation (4G) super-fast LTE (Long-Term Evolution) network in Ottawa, in the third quarter of 2011. LTE network...
(RCI) Look to Dividends for Income
With the 10-year T-note yielding only 3.06%, those investors interested in getting income from their investments are in sort of a tough place. Dividend-paying stocks are a very good place to look for a replacement.
One thing you know for sure is that the coupon payment...
(RCI) Rogers Communications and Astral Sign Agreement
Canadian communications and media company Rogers Communications Inc. (RCI) and Canada’s leading broadcaster of premium pay-and-specialty television services Astral signed an agreement, whereby...
(TV) Grupo Televisa S.A. Enters Mobile Phone Market in Mexico
In a significant move, the Mexican wireless regulator Comision Federal de Telecomunicaciones (CoFeTel) approved yesterday the auction bid submitted by Grupo Televisa S.A. (TV) and its partner Nextel for a...
(CBS) CBS Beats The Street Consensus
CBS Corp. (CBS), a diversified media conglomerate, recently posted second-quarter 2010 results that topped the Zacks’ expectation and portrayed a substantial improvement from the year-ago quarter on the...
(RCI) Rogers Communications Analyst Upgrades to Outperform
We upgrade our recommendation to Outperform for Rogers Communications Inc. (RCI) following its first quarter 2010 financial results, significantly above the Zacks Consensus Estimates. Free cash flow, cash...
(CBS) CBS Corporation Reports Earnings In Line with Consensus
CBS Corporation (CBS), a diversified media conglomerate, recently posted first-quarter 2010 results that were in line with the Zacks expectation and portrayed substantial improvement from the year-ago quarter...
(CBS) CBS Corporation Analyst Downgrades Stock
We recently downgraded our recommendation on CBS Corporation (CBS) to Neutral from Outperform with a target price of $15.00.
Due to its exposure to publishing, radio and television broadcasting, and...
(RCI) Rogers Analyst Downgrades Stock to Neutral
We downgrade our recommendation for Rogers Communications Inc. (RCI) to Neutral as a result of increased competition in the Canadian wireless market. Canadian wireless rates are among the highest in the world....
(RCI) Rogers Communications – Wireless Business Leads to Earnings Surprise
Rogers Communications Inc. (RCI) continues set new 52-week highs, yet remains a good value at under 14 times forward earnings.
Company Description
Rogers Communications is one...
(TV) Grupo Televisa S.A.’s Profit Plunges
Grupo Televisa S.A. (TV), the largest media company in Mexico, reported financial results for the fourth quarter 2009. Quarterly consolidated net income was $91 million, down 58% year-over-year. Fourth quarter...
(RCI) Rogers Communications Upgraded to Outperform
We have upgraded our recommendation to Outperform for Rogers Communications Inc. (RCI) following its fourth quarter 2009 financial results, which came ahead of the Zacks Consensus Estimate. Despite facing...
(CBS) CBS Earnings Report In-line with Consensus Estimates
CBS Corporation (CBS), a diversified media conglomerate, recently reported fourth-quarter 2009 results. The quarterly earnings, which remain in line with the Zacks Consensus Estimate, posted a double-digit...
(RCI) Rogers Communications Beats Earnings Expectations
Rogers Communications Inc. (RCI) declared solid financial results for the fourth quarter 2009. Supported by strong free cash (cash flow from operations less capital expenditures) generation, the Board of Directors...
(TV) Grupo Televisa S.A. Enters Wireless Ventures
Grupo Televisa S.A. (TV), the largest media company in the Spanish-speaking world, entered into the lucrative wireless communications market in Mexico . The company has signed an agreement with NII...
(TV) Grupo Televisa Eyeing Mobile Opportunity
Grupo Televisa SA (TV), the largest media company in the Spanish-speaking world, is likely to enter into the lucrative wireless communications market in Mexico. The company is in negotiation with Vivendi SA...
(CBS) CBS Corporation Upgraded by Analyst
CBS Corporation’s (CBS) strategic initiatives have helped it to weather the economic downturn. The company has been aggressively selling slow-growth radio stations in mid-sized markets to focus on the large...
(SBGI) Sinclair Broadcast Group Lifts Fourth Quater Revenue Guidance
Sinclair Broadcast Group Inc. (SBGI) on Monday lifted its broadcast revenue guidance for the fourth quarter of 2009. The company stated that it now expects broadcast revenues to reach approximately $153.8...
(RCI) Rogers Communications – Downgraded to Neutral by Analysts
We downgrade our recommendation for Rogers Communications Inc. (RCI) to Neutral as a result of increased competition in the Canadian wireless market. Canadian wireless rates are among the highest in the world....
(RCI) Rogers Communications – PEG Ratio is 1.1 – Industry Averages 4.5
Rogers Communications Inc. (RCI) shares are still rising after it was originally featured as a Zacks Rank Buy.
Company Description
Rogers is a Canadian...
(RCI) Rogers Communications Launches TV Everywhere
Rogers Communications Inc. (RCI) has started its TV Everywhere service, named “On Demand Online” in Canada, offering more than 1,000 hours of content from almost 50 broadcast and cable programming...
(TV) Grupo Televisa S.A. to Launch Wireless Service
Grupo Televisa S.A. (TV) has decided to explore the wireless communications market. Televisa is the largest media company in Mexico as well as in the Spanish-speaking world. Its cable TV subsidiary Cablevision...
(TV) Grupo Televisa Reports Mixed Results
Grupo Televisa S.A. (TV), the largest media company in Mexico, reported mixed financial results for the third quarter 2009. Quarterly consolidated net revenue of $970 million...
(CBS) CBS Corporation Tops Consensus Estimates
CBS Corporation (CBS) recently reported better-than-expected third-quarter 2009 results. The quarterly earnings of 25 cents a share surpassed the Zacks Consensus Estimate of...
(RCI) Rogers Communications Inc. – Third Consecutive Earnings Surprise
Rogers Communications Inc. (RCI) continues to top analysts’ expectations and shares are surging.
Company Description
Rogers is a Canadian communications...