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News Breaks
June 18, 2014
04:55 EDTNXST, NXST, SFXE, SFXE, LGF, LGF, NLSN, NLSN, WWE, WWE, TIVO, TIVO, DHX, DHX, MDCA, MDCA, IMAX, IMAX, P, P, RENT, RENT, SCOR, SCORBernstein to hold a summit
Future of Media Summit to be held in Boston on June 18-19.
News For NXST;RENT;P;IMAX;MDCA;DHX;TIVO;WWE;NLSN;LGF;SFXE;SCOR From The Last 14 Days
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January 27, 2015
07:06 EDTRENTRentrak announces TV ratings contract with Saatchi and Saatchi LA
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January 26, 2015
13:50 EDTDHXSterling Capital reports 9.33% passive stake in Dice Holdings
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10:00 EDTIMAXOn The Fly: Analyst Initiation Summary
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10:00 EDTWWEOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: American Axle (AXL) upgraded to Overweight from Neutral at JPMorgan... Bed Bath & Beyond (BBBY) upgraded to Outperform from Perform at Oppenheimer... DRDGOLD (DRD) upgraded to Neutral from Underweight at JPMorgan... DealerTrack (TRAK) upgraded to Buy from Hold at Stifel... DreamWorks Animation (DWA) upgraded to Buy from Neutral at B. Riley... First Niagara (FNFG) upgraded to Buy from Hold at Jefferies... Fortinet (FTNT) upgraded to Buy from Neutral at Citigroup... Garmin (GRMN) upgraded at RBC Capital... Harmony Gold (HMY) upgraded to Overweight from Neutral at JPMorgan... Invesco (IVZ) upgraded to Positive from Neutral at Susquehanna... Kansas City Southern (KSU) upgraded at Raymond James... McDonald's (MCD) upgraded to Overweight from Equal Weight at Stephens... Melco Crown (MPEL) upgraded to Buy from Hold at Union Gaming... Monro Muffler (MNRO) upgraded to Neutral from Reduce at SunTrust... Pier 1 Imports (PIR) upgraded to Outperform from Perform at Oppenheimer... Piper Jaffray (PJC) upgraded to Neutral from Underperform at Macquarie... Randgold (GOLD) upgraded to Overweight from Neutral at JPMorgan... Rockwell Collins (COL) upgraded to Buy from Hold at Argus... Telefonica (TEF) upgraded to Neutral from Underperform at BofA/Merrill... Triumph Group (TGI) upgraded at RBC Capital... Unilever (UL) upgraded to Buy from Underperform at BofA/Merrill... WWE (WWE) upgraded to Neutral from Underperform at Macquarie.
08:48 EDTIMAXIMAX initiated with a Buy at Rosenblatt
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07:24 EDTWWEWWE upgraded to Neutral from Underperform at Macquarie
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January 23, 2015
14:05 EDTPPandora rises after positive comments from analysts
Research firm Rosenblatt placed a Buy rating on Pandora (P), as the firm believes that the company can increase its profits by selling more ads. WHAT'S NEW: Pandora can sell more ads as usage of its Internet radio service increases going forward, Rosenblatt analyst Martin Pyykkonen wrote in a note to investors today. Moreover, the company's sales force has become more effective, as it is now covering most radio ad markets in the U.S., the analyst stated. This development should also drive Pandora's ad sales higher, according to the analyst, who set a $20 price target on the shares. WHAT'S NOTABLE: Another research firm, OTR Global, earlier today wrote that its survey indicated that advertising agencies plan to increase their spending on Pandora's ads by a larger amount this year than last year. PRICE ACTION: In mid-afternoon trading, Pandora jumped 10.7% to $17.63.
10:44 EDTPPandora rallies after analyst releases upbeat survey results
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09:45 EDTPOTR Global has increased confidence in Internet radio
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09:43 EDTPPandora calls active
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08:02 EDTSFXESFX Entertainment names Greg Consiglio as president and COO
SFX Entertainment (SFXE) named Greg Consiglio as President and COO of the company. Consiglio, who holds the same titles at Viggle (VGGL) will retain those positions as well. In addition to Consiglio, there were several other changes announced: Kevin Arrix joins SFX as EVP, and Chief Revenue Officer. He holds the same position at Viggle and will continue to do so. Tim Crowhurst will move from SFXs President to SFXs President and Head of Strategic Development. Ritty van Straalen will move from SFXs COO to SFXs President and CEO of Live Entertainment. According to the three-year agreement between SFX and Viggle, the combined sales organization will sell all inventory for both companies. The immediate access to the highly successful Viggle sales organization will give SFX a turnkey sales solution, while combining efforts and inventory with SFX will give Viggle access to a broader client list offering the potential to qualify for many previously unavailable sales opportunities.
07:24 EDTPPandora weekly volatility elevated into Q4 and guidance
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05:55 EDTPStocks with implied volatility above IV index mean; P HLF
Stocks with implied volatility above IV index mean; Pandora (P) 67, Herbalife (HLF) 121 according to iVolatility.
05:07 EDTRENTRentrak signs multi-market deal with Automotive Advertising Agency
The Automotive Advertising Agency, an Austin based creative agency serving the automotive industry, has inked a multi-market deal with Rentrak, it was announced by Agency Principal Marco Camacho while attending the National Automobile Dealers Association Convention & Expo in San Francisco.
January 20, 2015
10:57 EDTPPandora calls active on renewed takeover speculation
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10:46 EDTPRumor: Pandora strength attributed to renewed takeover speculation
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09:11 EDTSCORcomScore announces U.S. launch of Video Metrix Multi-Platform
comScore announced the U.S. launch of Video Metrix Multi-Platform, which will enable clients to sell, plan and buy digital video at the video media property and show level using TV-comparable metrics for both video content and advertising.
07:08 EDTRENTRentrak to partner with Kantar Shopcom
Rentrak announced that it will partner with Kantar's data integration, analytics and insights division Kantar Shopcom to integrate retail purchase data and information into its portfolio of solutions. The deal includes comprehensive, multi-sector purchase transaction data and information for over 300M U.S. consumers into its television viewing measurement. Similarly, Kantar Shopcom will integrate Rentrak's TV viewing information from millions of U.S. households with its purchase transaction information to expand its multi-channel, cross-media planning, targeting and measurement solutions.
January 18, 2015
16:46 EDTRENTWarner Bros.' 'American Sniper' takes top spot with $90.2M at box office
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January 16, 2015
11:16 EDTNLSNCBS, Viacom climb following Stifel upgrades
Shares of CBS (CBS) and Viacom (VIA, VIAB) are climbing after research firm Stifel upgraded the stocks to Buy from Hold. CBS owns the CBS network and other entertainment properties. Viacom owns a number of cable networks, including MTV and Nickelodeon. WHAT'S NEW: CBS' NFL rights leave it well-positioned to charge cable companies and other TV providers high fees, Stifel analyst Benjamin Mogil wrote in a note to investors today. Meanwhile, the company's strong ratings and lower production costs reduce its risk, Mogil stated. CBS has more opportunities when it comes to selling its content to Internet TV networks such as Netflix (NFLX), Mogil believes. The analyst set a $65 price target on the shares. Meanwhile, Mogil believes that Viacom should benefit from the adoption of ratings measurements other than Nielsen's (NLSN) tools. Viacom has complained that Nielsen's tools have underestimated its ratings by failing to adequately take into account new types of content consumption, the analyst noted. Viacom's recent expansion into new international markets should also improve its performance, Mogil stated. He set an $89 price target on the shares. ANOTHER TO WATCH: Mogil initiated coverage of Twenty-First Century Fox (FOXA) with a $41 price target and Buy rating, saying that the company is well-positioned to benefit from its wide range of sports programming. He set a $41 price target on the shares. PRICE ACTION: In late morning trading, CBS advanced 2.75% to $55, Viacom gained 2.5% to $68, and Twenty-First Century Fox rose 0.4% to $34.72.
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