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News Breaks | | | | February 11, 2013 | | 08:15 EDT |  | DISH, DIS, CMCSA | Dish sues ESPN for $150M over alleged licensing terms, Bloomberg reports
Dish Network (DISH) is suing Walt Disney's (DIS) ESPN for $150M for allegedly breaching a contract by offering competitors, including Comcast (CMCSA), better licensing terms for sports programming, reports Bloomberg. Reference Link | |
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News For DISH;DIS;CMCSA From The Last 14 Days Check below for free stories on DISH;DIS;CMCSA the last two weeks. |
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| May 9, 2013 | | 12:57 EDT |  | DISH | Ergen says DISH could sell non-core assets if needs to decrease debt leverage
| | | 12:54 EDT | | DISH | DISH Chairman says sale of spectrum or whole company options if Sprint bid fails
 Subscribe for More Information | | | 12:44 EDT | | DISH | DISH's Ergen: If Sprint bid unsuccesful, could sell spectrum or whole company
Comment made on Q1 earnings conference call. | | | 11:02 EDT | | DIS | Netflix and Disney announce multi-year licensing deal for XD shows
Subscribe for More Information | | | 10:30 EDT | | DISH, CMCSA | Bill would pressure cable companies on a la carte channels, The Hill says
Republican Senator John McCain is writing a bill that would push cable TV and satellite companies to offer a la carte channel options to their customers, according to The Hill, which cited statements by the senator's office. McCain's bill would rpessure cable and satellite companies to enable consumers to choose which individual channels they want, the website explained. Reference Link | | | 07:58 EDT | | DISH | Softbank says it will save Sprint $3B by 2017, Bloomberg reports
SoftBank (SFTBF) defended its takeover bid for Sprint Nextel (S) against a counteroffer by Dish Network (DISH), telling investors that its deal will bring about $3B in annual operating savings by 2017, reports Bloomberg. The merged companies will also be able to cut Sprint’s capital spending by 32% to 36%, SoftBank said. President Masayoshi Son presented the numbers to Sprint investors in a meeting in New York, sources said. Reference Link | | | 06:02 EDT |  | DISH | DISH reports Q1 revenue $3.56B, consensus $3.61B
Subscribe for More Information | | | May 8, 2013 | | 17:01 EDT |  | DIS | On The Fly: Closing Wrap
Stocks on Wall Street were higher again, pushing the Dow and S&P to new record levels. A late afternoon move down to the flatline made it seem like the recent winning streak was set to end, but the averages quickly reversed higher and closed firmly in positive ground. ECONOMIC EVENTS: In the U.S., the light economic calendar included MBA's report on mortgage applications, which were up 7%, and the EIA's petroleum status report, which showed crude oil inventories built up by less than was expected last week. In Europe, German industrial production increased 1.2% month-over-month in March, beating expectations for a 0.1% decline. In Asia, Chinese trade data showed exports climbed 14.7% in April, while imports were up 16.8%. However, some analysts expressed caution that the strong export gains should be viewed with some level of skepticism. COMPANY NEWS: Dow member Disney (DIS) beat expectations on the top and bottom line and price targets on the stock were raised at several firms, but shares slid 8c, or 0.12%, to $65.99... J.C. Penney (JCP) released preliminary Q1 results last night, including comparable store sales that were down 16.6% and revenue of $2.64B, which was below expectations. However, the results were enough to send shares of the heavily-shorted retailer up $1.21, or 7.38%, to $17.61. MAJOR MOVERS: Among the notable gainers was Whole Foods Market (WFM), up $9.39, or 10.12%, to $102.19 after earnings beat estimates, the company raised its full year outlook and announced a two-for-one stock split. Also higher were shares of Dex Media (DXM), up $2.84, or 20.71%, to $16.55 after Kyle Bass, presenting at the Sohn Investing Conference, said the company's stock could trade up to 5 times higher than current levels in 3 years. Among the noteworthy losers was Fusion-io (FIO), down $3.40, or 18.89%, to $14.60 after its CEO and chief marketing officer resigned and shares were downgraded by at least two analyst firms. Also lower following its earnings report was Zillow (Z), which fell $6.26, or 9.95%, to $56.68. INDICES: The Dow was up 48.92, or 0.32%, to 15,105.12; the Nasdaq was up 16.64, or 0.49%, to 3,413.27; and the S&P 500 was up 6.73, or 0.41%, to 1,632.69. | | | 16:00 EDT |  | DIS | Options Update; May 8, 2013
CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data. | | | 12:20 EDT | | DIS | On The Fly: Midday Wrap
Subscribe for More Information | | | | 09:37 EDT | | DIS | Active equity option families trading on open
Subscribe for More Information | | | 09:29 EDT |  | DIS | Disney price target raised to $76 from $63 at Citigroup
Subscribe for More Information | | | 07:14 EDT | | DIS | Disney price target raised to $71 from $63 at RBC Capital
Subscribe for More Information | | | 06:59 EDT | | DIS | Disney price target raised to $75 from $67 at JPMorgan
JPMorgan raised its price target for Disney following the company's Q2 results and keeps an Overweight rating on the stock. | | | 06:55 EDT | | DIS | Disney price target raised to $73 from $66 at Credit Suisse
Subscribe for More Information | | | 06:06 EDT | | DISH | Sprint holds off on giving DISH access to books, NY Post reports
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