New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 29, 2012
11:16 EDTENTR, CMCSAEntropic advances after analysts talk Comcast design wins
Entropic Communications (ENTR) is climbing after research firms DA Davidson and Wunderlich Securities reported that the company had obtained important design wins from Comcast (CMCSA). In a note to investors earlier today, DA Davidson analyst Aalok Shah wrote that information obtained from the FCC indicated that Entropic had obtained a number of design wins from Comcast for the cable company's IP set-top box, the X13-H. Specifically, Entropic will provide the connectivity and System-on-a-Chip components of the product, the analyst reported. Entropic may receive $8-$10 for each X13-H that Comcast deploys, Shah wrote. Given Comcast's large customer base, the analyst believes that a substantial number of the product may be deployed. The device may begin rolling out in the first half of next year, added Shah, who reiterated a Buy rating on Entropic. Wunderlich also reported that the first version of the X13-H, which was approved by the FCC, would utilize Entropic's connectivity solution and its System-on-a-Chip components. The firm, which maintained a Buy rating on Entropic, views the wins as positive but believes it's too early to speculate on their financial impact. In mid-morning trading, Entropic rose 29c, or 5.54%, to $5.43.
News For ENTR;CMCSA From The Last 14 Days
Check below for free stories on ENTR;CMCSA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 29, 2014
09:25 EDTENTREntropic should be bought at current levels, says Roth Capital
Subscribe for More Information
07:18 EDTCMCSAStarz may struggle to sell itself, WSJ reports
Starz (STRZA) may struggle to sell itself, according to the Wall Street Journal citing challenges facing standalone media companies. The publication says that the standalone networks -- Starz, AMC Networks (AMCX) and Scripps Networks (SNI) -- "lack the heft" of larger peers in negotiations regarding affiliate deals, and look "increasingly vulnerable" now that Comcast (CMCSA), Time Warner Cable (TWC), DirecTV (DTV) and AT&T (T) are joining forces. Reference Link
September 25, 2014
17:50 EDTCMCSACompanies receive U.S. information requests on Comcast-TWC deal, Bloomberg says
Subscribe for More Information
September 24, 2014
12:14 EDTCMCSANetflix responds to Comcast's extortion claims, Variety reports
Subscribe for More Information
09:17 EDTCMCSAComcast accuses TWC deal opponents of extortion, Re/code reports
Subscribe for More Information
07:43 EDTCMCSAARRIS and Comcast trial ew RDK software in broadband modems
Subscribe for More Information
September 22, 2014
06:44 EDTCMCSA'The Maze Runner' leads weekend box office sales with $32.5M, WSJ reports
Subscribe for More Information
September 16, 2014
13:50 EDTCMCSAComcast says will reveal capital plan at close of Time Warner Cable deal
Subscribe for More Information
13:40 EDTCMCSAComcast says still expects Time Warner Cable deal to close in 2015
13:38 EDTCMCSAComcast says 'everything on track' with Time Warner Cable deal
Subscribe for More Information
11:42 EDTCMCSATime Warner Cable sees Comcast deal closing early FY15
Subscribe for More Information
08:42 EDTENTREntropic now sees Q3 EPS approximately (15c), consensus (11c)
Now sees Q3 revenue $43M, consensus $50.22M. Entropic announced revised financial guidance for Q3. Due primarily to less seasonal strength than was anticipated in the company's Direct Broadcast Satellite Outdoor Unit business, and to a lesser degree further weakness in legacy set-top box system-on-a-chip products, Entropic now expects revenue for Q3 to be approximately $43M. The company is making good progress on its previously announced restructuring plan and cost reduction efforts and therefore expects to be on the lower end of its previous guidance for operating expenses.
08:40 EDTENTREntropic to explore strategic alternatives
Subscribe for More Information
07:27 EDTCMCSABofA/Merrill to hold a conference
Subscribe for More Information
05:56 EDTCMCSAIAC names NBCU Cable Entertainment Chairman Bonnie Hammer to board
IAC (IACI) yesterday announced the appointment of Bonnie Hammer to the company's Board of Directors, effective September 12. Hammer serves as Chairman, NBCUniversal Cable Entertainment (CMCSA), where she leads NBCUniversal's entire cable entertainment portfolio including USA, Syfy, E! Entertainment, Bravo, Oxygen, Esquire Network, Sprout, Chiller and Cloo, as well as production entities Universal Cable Productions and Wilshire Studios.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use