FeedPosted Nov 4th 2009 3:00PM by Steven Mallas (RSS feed)
Filed under: Earnings reports, General Electric (GE), AT and T (T), Comcast Cl'A' (CMCSA), Verizon Communications (VZ), Media World

Cable giant
Comcast (NASDAQ:
CMCSA) posted
Q3 numbers earlier today. It seems like the company is doing well with earnings growth and cash flow, even if revenues moved up a meager 3%.
Adjusted earnings per share grew over 20% to 28 cents per share. According to our earnings preview, the market was looking for 25 cents per share. Operating cash flow increased a little under 3%, but free cash flow went up almost 20%, aided by a smaller amount of capital expenditures compared to the previous year's similar quarter. I'm sure shareholders are more than satisfied with the growth rate of the green stuff over the past three months. Comcast saw excellent expansion of free cash over the last nine months, too.
Continue reading Comcast grows free cash in Q3, but when will it do a deal?
Posted Nov 3rd 2009 2:20PM by Steven Mallas (RSS feed)
Filed under: Earnings reports, General Electric (GE), Time Warner (TWX), Walt Disney (DIS), Viacom (VIA), Sony Corp ADR (SNE), News Corp'B' (NWS), Hasbro Inc (HAS), Media World
Viacom (NYSE:
VIA), a content player in competition with
News Corp. (NASDAQ:
NWS),
Time Warner (NYSE:
TWX),
Sony (NYSE:
SNE), and
General Electric's (NYSE:
GE) NBC Universal, issued
Q3 numbers today. If we had a different market on our hands, I think the stock would have reacted better to the news. Revenues were down 3%, but adjusted income rose 25% to 69 cents per share. According to
Bloomberg, the bottom line came in well ahead of estimates, which were pegged at 57 cents per share.
Sounds good, doesn't it? Well, the company's A shares are down slightly as I write this by about 0.6%, and the B shares are just about flat. Like I say, if the broader indexes were in an uptrend this afternoon, we probably would have seen a pop in the stock.
Continue reading Viacom does well in Q3, but there is still work to be done
Posted Oct 29th 2009 12:50PM by David Schepp (RSS feed)
Filed under: Forecasts, Products and services, Competitive strategy, General Electric (GE), Berkshire Hathaway (BRK.A), ConocoPhillips (COP), Goldman Sachs Group (GS)
The housing bubble and subsequent "Great Recession" have tarnished the stars of a good many of the world's financial wizards, such as the former heads at Lehman Bros. and Merrill Lynch. But one respected image remains -- perhaps unsurprisingly -- on top: Warren Buffett, chairman and CEO at Berkshire Hathaway Inc. (NYSE: BRK.A).
That's according to a recent quarterly poll of investors, traders, and analysts who subscribe to Bloomberg terminals, those somewhat cryptic news and data computers that are ubiquitous on Wall Street. Buffett, who received favorable nods from 25% of those participating in the poll, walked away with a plurality of the vote, Bloomberg News reported.
Continue reading Buffett's star shines brightest among world's financial gurus, poll shows
Posted Oct 26th 2009 8:30AM by Steven Mallas (RSS feed)
Filed under: General Electric (GE), Time Warner (TWX), Walt Disney (DIS), Viacom (VIA), Film, Lions Gate Entertainment (LGF)
I don't believe it. I never thought it could happen. Lions Gate Entertainment (NYSE: LGF) released Saw VI this past weekend. Surely the latest cinematic celebration of cruelty would be the number-one picture at domestic theaters, right? Saw is a big brand when it comes to torture movies. Jigsaw is a Freddy Krueger (and beyond) for the new generation. The teens would be out in full force to support all the latest traps and sequences of dismemberment and bloodletting for sure.
Well, Saw VI didn't come out on top. Instead, Viacom's (NYSE: VIA) Paranormal Activity made the most money in the race for domination at the multiplex, scoring approximately $22 million according to early estimates from Box Office Mojo. The new Saw did come in second, though, so that was at least some consolation, correct?
Continue reading Viacom's 'Paranormal Activity' plays Jigsaw's game -- and wins
Posted Oct 19th 2009 11:00AM by Tom Johansmeyer (RSS feed)
Filed under: Internet, Google (GOOG), Yahoo! (YHOO), General Electric (GE), Time Warner (TWX), Walt Disney (DIS), News Corp'B' (NWS), Media World
A new executive team is trying to bring MySpace back to its former glory. By focusing on music, videos and games, it hopes to recapture some of its luster. With the MySpace refugees mounting, it's time for some new blood to make some brilliant, future-changing decisions. This week, the company is holding a conference for its global ad sales team to explore ways to bring in traffic and beef up ad spending.
MySpace is poised to haul in $495 million in ad revenue this year, down 15% from last year's $585 million, according to research firm eMarketer. In August, MySpace attracted 64.2 million unique visitors from the United States, off 15% from August 2008, according to comScore, while Facebook pulled in 92.2 million unique U.S. visitors – up more than 100% year-over-year.
Continue reading MySpace (still) refocusing on entertainment content
Posted Oct 19th 2009 8:20AM by Steven Mallas (RSS feed)
Filed under: General Electric (GE), Time Warner (TWX), Viacom (VIA), Film, Lions Gate Entertainment (LGF)
Time Warner's (NYSE: TWX) Where the Wild Things Are was number one over the past weekend at domestic theaters as of early estimates from Box Office Mojo. The film grossed well over $30 million. Coming in second was Law Abiding Citizen. If Wild Things wasn't in the market this weekend, that one definitely would have been tops at the multiplex. The revenge fest, from Liberty Capital Group's (NASDAQ: LCAPA) Overture Films, brought in $21 million.
Right on the heels of that project is the very cheaply made Paranormal Activity, courtesy of Viacom (NYSE: VIA). It made about $20 million. So far, Activity has generated over $30 million in total. And they say the little horror extravaganza cost less than $20,000 to produce!
Continue reading Viacom's 'Paranormal Activity' continues to wow Hollywood
Posted Oct 17th 2009 2:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Google (GOOG), General Electric (GE), Intel (INTC), International Business Machines (IBM), Nokia Corp. (NOK), Citigroup Inc. (C), Johnson and Johnson (JNJ), JPMorgan Chase (JPM), Advanced Micro Dev (AMD), Abbott Laboratories (ABT), Bank of America (BAC), Domino's Pizza (DPZ), Goldman Sachs Group (GS), Mattel, Inc (MAT), Allegheny Technologies (ATI), Harley-Davidson (HOG)
Continue reading Earnings highlights: C, GE, GOOG, HOG, INTC, IBM, JNJ, JPM, MAT, NOK ...
Posted Oct 16th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Google (GOOG), General Electric (GE), Johnson and Johnson (JNJ), Advanced Micro Dev (AMD), Bank of America (BAC)

Today's earnings were deemed a disappointment despite some bottom-line comfort here. A weaker University of Michigan Consumer Survey report kept the DJIA muted, and whether we'd close above or under the 10,000 mark was something that wasn't known until the final hour of trading.
Here were today's unofficial closing bell levels:
Dow 9,996.21 -66.73 (-0.66%)
S&P 500 1,087.71 -8.85 (-0.81%)
Nasdaq 2,156.80 -16.49 (-0.76%)
Top 10 Analyst CallsTop Day Trader AlertsToday's Top RumorsContinue reading Closing Bell: Not all earnings created equal (GOOG, BAC, GE, AMD, PMTI, JNJ)
Posted Oct 16th 2009 9:20AM by Sheldon Liber (RSS feed)
Filed under: Major movement, Earnings reports, Forecasts, Good news, Rants and raves, General Electric (GE), Intel (INTC), Market matters, International Business Machines (IBM), JPMorgan Chase (JPM), Goldman Sachs Group (GS), Serious Money, DJIA

For the past 48 hours people have been asking me if I thought the market would pull back after the Dow Jones Industrial Average surpassed the milestone of 10,000. Business journalist's and guru's alike have suggested that there might be some profit taking or "selling into strength" and the recent highs would not hold.
As the market proved yesterday, up about a half percent across the board, with the Dow closing at 10,062.94, up 47.08 in last-minute buying -- that is just a lot of noise.
Continue reading Serious Money: Dow 10,000 is meaningless
Posted Oct 16th 2009 7:35AM by Melly Alazraki (RSS feed)
Filed under: Before the bell, International markets, Earnings reports, Google (GOOG), General Electric (GE), Market matters, International Business Machines (IBM), Bank of America (BAC), Economic data

U.S. stock futures were mixed and barely moved Friday morning after Google (NASDAQ: GOOG) and International Business Machines (NYSE: IBM) beat analyst estimates late Thursday and as results came in this morning from General Electric (NYSE: GE) and Bank of America (NYSE: BAC), with the first also surpassing Wall Street expectations. [
Update 8:45 a.m.: Futures turned negative after the large Dow companies didn't perform quite as well.]
The Dow Jones Industrial Average managed to close above the 10,000 mark Thursday, for the second day in a row, despite earlier weakness following some financial sector results. But a jump in oil prices helped oil stocks move higher and the Dow maintain that important psychological mark.
Continue reading Before the bell: Stock futures lower after GE beats, BofA reports loss
Posted Oct 13th 2009 9:00AM by Steven Mallas (RSS feed)
Filed under: Analyst reports, General Electric (GE), Time Warner (TWX), Marketing and advertising, Walt Disney (DIS), Viacom (VIA), CBS Corp 'B' (CBS), News Corp'B' (NWS), Media World
According to The Hollywood Reporter, the advertising market could be ready for an upswing. Michael Morris, an analyst at UBS, is making a connection between improved sales at retail stores and a robust environment for commercials and the like. His reasoning is sound: if retail businesses are doing better, then they might want want to take advantage of new cash levels to invest in marketing initiatives aimed at bringing in traffic.
Indeed, the advertising industry has been in the dumps. Any good news is welcome. Media entities such as Disney (NYSE: DIS), Time Warner (NYSE: TWX), Viacom (NYSE: VIA), CBS (NYSE: CBS), News Corp. (NASDAQ: NWS), and General Electric's (NYSE: GE) NBC Universal, are counting on increased opportunities to sell their respective inventories at better prices.
Continue reading Will media companies benefit from a better advertising climate?
Posted Oct 12th 2009 10:50AM by Steven Mallas (RSS feed)
Filed under: General Electric (GE), Walt Disney (DIS), Viacom (VIA), Sony Corp ADR (SNE), Film
General Electric's (NYSE: GE) studio division didn't have a great summer at the box office. This past weekend, though, the company's new comedy made waves at the box office.
According to Box Office Mojo, Universal's Couples Retreat, starring Vince Vaughn, took in about $35 million at domestic theaters as of early estimates, more than enough to capture the top slot. Sony (NYSE: SNE) took the next two spots on the chart with Zombieland, and the resilient cartoon Cloudy With A Chance of Meatballs, respectively. Don't get too cocky, though, Sony, because Disney (NYSE: DIS) was right behind you with its Toy Story 3D special release.
Continue reading GE's 'Couples Retreat' or Viacom's 'Paranormal Activity' -- which is really No. 1?
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