New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 11, 2014
07:44 EDTTWXConcerns over Time Warner unwarranted, says Wells Fargo
Wells Fargo expects ratings at Turner to rebound later in the year, and the firm believes that concerns over NBA rights renewals are unwarranted. It expects margins at HBO and Turner to continue to expand, and contends that standalone Time Warner looks undervalued. Wells keeps an Outperform rating on the stock.
News For TWX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 5, 2015
10:05 EDTTWXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:09 EDTTWXDeutsche Bank hosts an Analyst/Industry Media & Entertainment conference call
Subscribe for More Information
05:38 EDTTWXTime Warner initiated with a Buy at Deutsche Bank
Subscribe for More Information
March 4, 2015
15:17 EDTTWXHBO in talks to have Apple TV on board for HBO Now launch, IBT says
Subscribe for More Information
15:14 EDTTWXTime Warner in talks for Apple to be HBO Now launch partner, CNBC says
Subscribe for More Information
07:21 EDTTWXMorgan Stanley to hold a conference
Subscribe for More Information
March 3, 2015
12:36 EDTTWXHBO GO to debut on PlayStation 4 today
Subscribe for More Information
March 2, 2015
12:40 EDTTWXTime Warner's 'Focus' takes top box office spot with $19.1M, CBS News says
Subscribe for More Information
February 26, 2015
10:15 EDTTWXTime Warner calls active on speculation of a large investor stake
Subscribe for More Information
10:01 EDTTWXRumor: Time Warner active on speculation of a large investor stake
Subscribe for More Information
February 25, 2015
11:47 EDTTWXAnalysts clash on DreamWorks following Q4 miss
The shares of animated film and television show maker DreamWorks (DWA) are rising, despite the weaker than expected results reported by the company last night. Two analysts offered very different views on the company's outlook following its results. BACKGROUND: DreamWorks last night reported a fourth quarter per share loss of ($3.08), versus analysts' consensus outlook for a ($3.01) per share loss. The company's revenue also came in below expectations. Excluding $210M in pre-tax charges associated with DreamWorks' restructuring plan, its loss was (75c) per share, the company stated. BEARISH TAKE: In a note to investors today, FBR Capital analyst Barton Crockett wrote that DreamWorks' results were "ugly," as they included $155M of write-offs on films and TV shows. However, Crockett believes that the crucial factor for the company's outlook is whether it can consistently compete with the entertainment giants, including Disney (DIS), Viacom (VIA), and Time Warner (TWX). Crockett is not convinced that DreamWorks will be able to hold its own, and he believes that its 2015 results could come in below expectations. The analyst warned that the company may have difficulty meeting its 2015 consumer products revenue guidance. DreamWorks expects its consumer products revenue to double this year, but the movie-based toy space is "very competitive" in 2015, as toys based on multiple popular children's films are set to be released, Crockett stated. Moreover, after conducting checks online, Crockett reports that there does not seem to be a great deal of interest in DreamWorks' movie "Home," which is set to be released on March 27. He kept an Underperform rating on the shares and raised his price target on the stock to $14 from $12. BULLISH TAKE: DreamWorks' results were mixed, but the results are not very important, Piper Jaffray analyst James Marsh stated. The company's guidance for its TV and consumer products businesses were solid, the analyst believes. Moreover, the company "took specific and decisive action" to avert a liquidity crunch, Marsh wrote. Specifically, DreamWorks raised $185M of capital by selling its real estate in Glendale, California and then leasing it back, and increased the size of its current credit facility to $450M from $400M, Marsh reported. The moves should "largely" eliminate investors' worries about the company's liquidity position, Marsh stated. He kept a $26 price target and Overweight rating on the stock. WHAT'S NOTABLE: On DreamWorks' earnings conference call last night, the company's CEO Jeffrey Katzenberg stated that it did not obtain more than 10% of its revenue from Netflix (NFLX) last year. However, in an SEC filing earlier this morning, DreamWorks clarified that it had obtained 14.9% of its revenue from Netflix last year. PRICE ACTION: In late morning trading, DreamWorks rose 5.6% to $22.31.
February 24, 2015
06:10 EDTTWXSalem Media Group, CNN to team up for three GOP presidential primary debates
February 23, 2015
11:35 EDTTWXAmazon picks Benson to head advertising for original TV series, Variety says
Subscribe for More Information
07:38 EDTTWXComcast, AT&T deals could be delayed by document access case, WSJ says
Subscribe for More Information

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