Kmart will open at 6 a.m. this Thanksgiving and stay open for 41 hours straight.
NEW YORK (CNNMoney) Kmart had barely announced its decision to stay open for 41 hours straight, starting at 6 a.m. on Thanksgiving Day, when people started lashing out.Hundreds of Kmart customers took to social media and threatened to boycott the store if it didn't reverse its decision, so that its employees can spend Thanksgiving with their families. People called the decision "heartless," "greedy," "shameful" and "disgusting."
Kmart has opened at 6 a.m. on Thanksgiving for the past three years. Last year, however, stores closed for a few hours at 4 p.m. to let shoppers and employees get to their Thanksgiving dinners.
"Shame on you, Kmart. I will never set foot in any of your stores again," wrote Tracy Lane on Kmart's Facebook (FB, Fortune 500) page. "I have family members that work in retail and because of greedy retailers like you, will not be able to spend the day with us."
Top 10 Media Stocks To Own For 2015: Cablevision Systems Corporation (CVC)
Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. The Telecommunications Services segment is involved in television business, including video, high-speed data, and VoIP operations, as well as the provision of commercial data and voice services. The Other segment offers Newsday, a daily newspaper; amNewYork, a free daily newspaper; and Star Community Publishing, a group of weekly shopper publications; and newsday.com and exploreLI.com. This segment also engages in motion picture theatre business, Clearview Cinemas; provision of the News 12 Networks, a regional news programming services; and the MSG Varsity network, a network covering high school sports and activities, and other local programs, as well as cable television advertising. Cablevision Systems Corporation was founded in 1985 and is headquartered in Bethpage, New York.
Advisors' Opinion:- [By Teresa Rivas]
On the flip side, Advanced Micro Devices (AMD) takes the dubious honor of most overbought: It has 40.3% to fall, based on its Goldman �target price. �The top five includes Cablevision Systems (CVC) Hewlett-Packard (HPQ), Intel (INTC) and U.S. Steel (X). Other big players on the list are Microsoft (MSFT), Cliffs Natural Resources (CLF), and Staples (SPLS).
- [By Harold L. Vogel]
*Includes AMC (AMCX), Cablevision (CVC), Charter, Comcast Cable (CMCSA) and networks, Discovery (DISCA), Disney (DIS) cable networks, Time Warner Cable (TWC) and cable networks, Viacom (VIAB) networks.
- [By WWW.DAILYFINANCE.COM]
'Interconnection' The better access that Netflix is getting from Comcast is known as "interconnection," a term referring to digital content's journey to an Internet service provider's gates. That path technically isn't covered by the current definition of Net neutrality, which refers to how service providers treat digital content once it's inside the gates. Comcast has promised to honor the previous rules governing Net neutrality through 2018. In a blog post last month, Hastings argued that future Net neutrality guidelines should be expanded to address interconnection issues, too. "Without strong Net neutrality, big ISPs can demand potentially escalating fees for the interconnection required to deliver high quality service," Hastings wrote. "The big ISPs can make these demands -- driving up costs and prices for everyone else -- because of their market position." Google's YouTube video site and many other websites were paying interconnection fees to Comcast before Netflix struck its own deal with the carrier. Even with the March improvements, Comcast's delivery of Netflix content lags behind several other major service providers. Cablevision (CVC), Cox, Suddenlink and Charter (CHTR) each delivered Netflix video at higher speeds than Comcast in March, according to Monday's breakdown. Netflix has interconnection deals with Cablevision, Cox and Suddenlink, although those arrangements don't require Netflix to pay fees.
Top 10 Media Stocks To Own For 2015: DISH Network Corporation(DISH)
DISH Network Corporation, through its subsidiaries, provides direct broadcast satellite (DBS) subscription television services in the United States. It offers programming that includes approximately 280 basic video channels, 60 Sirius satellite radio music channels, 30 premium movie channels, 35 regional and specialty sports channels, 2,800 local channels, 250 Latino and international channels, and 55 channels of pay-per-view content. The company also offers local HD channels in approximately 160 markets and 215 national HD channels; and receiver systems, including a small satellite dish, digital set-top receivers, and remote controls. In addition, it provides DISHOnline.com, which enables DISH Network subscribers to watch 150,000 movies, television shows, clips, and trailers; DISH Remote Access that enables subscribers to remotely manage their DVRs using compatible mobile devices, such as smartphones, tablets, and laptops through their broadband-connected receiver; and Go ogle TV that enables DISH Network subscribers to search the Internet, check email, interact with social media, and find additional online programming content while simultaneously watching television. As of March 31, 2011, the company had approximately 14.191 million customers. DISH Network provides receiver systems and programming through direct sales channels; and independent third parties, such as small satellite retailers, direct marketing groups, local and regional consumer electronics stores, nationwide retailers, and telecommunications companies. The company was founded in 1980 and is headquartered in Englewood, Colorado.
Advisors' Opinion:- [By Dan Radovsky]
It didn't take long for DISH Network (NASDAQ: DISH ) to respond after�SoftBank CEO Masayoshi Son called the DISH counteroffer for Sprint Nextel (NYSE: S ) "incomplete and illusory."
- [By Michael Lewis]
Dish Network (NASDAQ: DISH ) had a challenging if ultimately disappointing 2013. The company has relentlessly pursued various mergers and acquisitions in hopes of leveraging its significant portfolio of airwaves to create a national broadband network. In the first couple months of 2014, the situation has only become more difficult. Luckily, Dish Network's operating business remains strong, with average revenue per user, or ARPU, rising healthily and generating needed cash flow for the nation's third largest pay-TV provider. Investors and analysts are not ultimately interested in Dish's core satellite TV business -- they want to know if and how the company will make its leap into head-on competition with the major telecoms. Is Dish any closer to its ambitious goal today?
- [By Holly LaFon] bought 4 million shares of new holding Dish Network Corp. (DISH) in the fourth quarter at about $26 per share.
Dish Network Corp. offers satellite television products and services. Dish Network Corp. has a market cap of $12.72 billion; its shares were traded at around $29.02 with a P/E ratio of 10.4 and P/S ratio of 1. Dish Network Corp. had an annual average earnings growth of 28% over the past 10 years.
Dish was also a featured Magic Formula stock pick on GuruFocus in September 2011. The author notes that the company�� share price has stagnated while the underlying business value has increased. Over the last five years, its share price has declined 24%.
Revenue at the company increased every year from $4 billion in 2001 to $12.6 billion in 2010, and earnings have increased from a net loss of $215 million to a gain of $985 million over the same span of time. Free cash flow has been strong for the last eight years.
The company is highly levered, however. It has about $3.4 billion in cash on its balance sheet, along with about $8.8 billion in long-term liabilities and debt.
It is also losing customers. In its most third quarter, it lost approximately 111,000 net subscribers, compared to 29,000 subscribers lost during the third quarter of 2010. The increase in lost subscribers was from increased competitive pressures and competitors��promotional offers. Also, telecommunications companies continuing to gain new customers and the overall weak economy contributed.
��oing forward, we plan to build on the momentum of our introduction of the Blockbuster-branded programming service which allows DISH customers to stream movies and TV shows as well as receive DVDs by mail,��said Joe Clayton, president and CEO of DISH Network.
See Daniel Loeb�� portfolio here. Also check out the Undervalued Stocks, Top Growth Companies and High Yield stocks of Daniel Loeb.
Top Defensive Stocks To Watch Right Now: Gannett Co. Inc. (GCI)
Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. Its Publishing segment publishes 83 U.S. daily newspapers with affiliated online sites, including USA TODAY, a national, general-interest daily newspaper; USATODAY.com; USA WEEKEND, a magazine supplement for newspapers; Clipper Magazine, a direct mail advertising magazine; bi-weekly Nursing Spectrum and NurseWeek periodicals; and military and defense newspapers. This segment also includes 17 paid-for daily newspapers; approximately 200 weekly newspapers, magazines, and trade publications; and approximately 600 non-daily publications, as well as involves in commercial printing, newswire, marketing, and data services operations. The company?s Digital segment owns and operates CareerBuilder, an employment Web site, which offers online recruitment and career advancement services for employers, employees, recruiters, and job seekers; ShopLocal, which provides multicha nnel shopping and advertising services; Planet Discover, which offers hosted search and advertising services; PointRoll, which provides digital marketing services and technology; and Schedule Star, which offers scheduling solution for high school athletic departments. Its Broadcasting segment operates 23 television stations and affiliated Web sites, which produce local programming, such as news, sports, and entertainment programming. This segment also includes Captivate Network, a national news and entertainment network that delivers programming and full-motion video advertising on video screens located in elevators of office towers and select hotel lobbies in North America. The company has strategic business relationships with online affiliates, including Classified Ventures, ShopLocal.com, Topix, and Metromix LLC, as well as strategic marketing agreement with Microsoft. Gannett Co., Inc. was founded in 1906 and is headquartered in McLean, Virginia.
Advisors' Opinion:- [By John Mitchell]
Gannett (NYSE: GCI ) and the Tribune Co. (NASDAQOTH: TRBAA ) , two companies that publish daily newspapers, have announced combined layoffs of 1,000 positions (not all in the newsroom). News magazines are feeling the same pinch. According to a recent Gallup poll, only 9% of adults get their news from print sources, with news magazines scoring the lowest. The Pew news study as early as 2010 listed online news as the primary source for 39% of adults. �One of Time's biggest competitors, Newsweek, ended its paper publication in early 2013 in favor of an online edition only.
- [By WilliamBriat]
Gannett Co., Inc. (NYSE: GCI) is the top newspaper publisher in the U.S.; its flagship paper is USA TODAY. The company also owns 23 television stations and more than 200 papers in the U.K. Gannett Co. provides an annual dividend of 3.3%. During the second quarter, it reported solid broadcasting and digital revenue growth and its fourth consecutive quarter of year-over-year circulation revenue growth.
- [By Dan Caplinger]
Gannett (NYSE: GCI ) will release its quarterly report next Monday, and investors are unusually enthusiastic about the company's prospects. Although a big acquisition raised awareness of Gannett's businesses outside the struggling newspaper industry, it's still unclear how much of a boost it will produce for Gannett earnings growth in the future.
Top 10 Media Stocks To Own For 2015: DIRECTV(DTV)
DIRECTV provides digital television entertainment in the United States and Latin America. The company provides direct-to-home (DTH) digital television services, as well as multi-channel video programming distribution services in the United States. It offers various channels of digital-quality video entertainment and CD-quality audio programming directly to subscribers' homes or businesses, as well as video-on-demand services; and approximately 160 national high-definition television channels and 4 3D channels. The company also provides premium professional and collegiate sports programming, such as the NFL SUNDAY TICKET package, which allows subscribers to view the NFL games. In addition, it offers DTH digital television services in Latin America and the Caribbean, including Puerto Rico. The company provides its local and international programming under the DIRECTV and SKY brand names. As of December 31, 2010, it served approximately 19.2 million subscribers in the United States; and 8.9 million subscribers in Latin America. The company was founded in 1990 and is based in El Segundo, California.
Advisors' Opinion:- [By Charles Sizemore]
By now, you��e seen the news:�AT&T (T) is buying pay TV rival DirecTV (DTV) for a whopping $48.5 billion in cash and stock in one of the biggest mergers in years. Including the assumption of debt, the deal comes to $67.1 billion.
- [By John Reese]
Indeed, in 2013, the Greenblatt-based portfolio has bounced back strong, returning more than 50%. Below is a look at its current holdings.
EBIX, Inc. (EBIX)
Western Refining (WNR)
DirecTV (DTV)
ITT Educational Services (ESI)
Science Applications International (SAIC)
Weight Watchers International (WTW)
ConocoPhillips (COP)
AmSurg Corp. (AMSG)
PDL BioPharma (PDLI)
AFC Enterprises (AFCE)
Subscribe to Validea here��/p>
Top 10 Media Stocks To Own For 2015: Time Warner Inc.(TWX)
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. The Networks segment provides domestic and international networks, premium pay and basic tier television programming services, and digital media properties, which primarily consist of brand-aligned Websites. Its premium pay television services consist of the multi-channel HBO and Cinemax premium pay television services. This segment provides programming to cable system operators, satellite service distributors, telephone companies, and other distributors; sells advertising; and licenses original programming to domestic and international television networks. The Filmed Entertainment segment produces and distributes feature films, television and other programming, and videogames; distributes home video products; and licenses rights to its feature films, television programming, and characters. T he Publishing segment publishes magazines and books; and operates various Websites, as well as engages in marketing services and direct-marketing businesses. This segment publishes magazines on style and entertainment, lifestyle, news, and sports. The company?s brands include TNT, TBS, CNN, HBO, Cinemax, Warner Bros., New Line Cinema, People, Sports Illustrated, and Time. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.
Advisors' Opinion:- [By Tim Beyers]
Most accounts say that Time Warner (NYSE: TWX ) plans to have a Justice League film ready by 2015. A lot of you hope the rumors aren't true.
- [By Paul Ausick]
Minecraft was also the most popular paid download at the App Store, but a new puzzle game, Threes, rose to second place, and three new games replaced January’s leaders in the App Store’s paid download sweepstakes. Only one, Card Wars — Adventure Time, was delivered by a publicly traded company, Time Warner Inc.’s (NYSE: TWX) Cartoon Network.
Top 10 Media Stocks To Own For 2015: Liberty Global Inc.(LBTYA)
Liberty Global, Inc. provides video, broadband Internet, and telephony services primarily in Europe and Chile. The company offers broadband services over cable distribution systems, including video, broadband Internet, and telephony; and video services through direct-to-home satellite, or through multichannel multipoint distribution systems. Its analog video services comprise basic and expanded basic programming; and digital cable services include basic and premium programming, digital video recorders, and high definition programming, as well as pay-per-view programming, such as video-on-demand and near video-on-demand. In addition, the company offers voice-over-Internet-protocol and circuit-switched telephony services, as well as mobile telephony services using third-party networks. Further, it owns programming networks that provide video programming channels to multi-channel distribution systems owned by the company and the third parties. As of December 31, 2011, the com pany owned and operated networks that passed 33,262,100 homes; and served 18,405,500 video subscribers, 8,159,300 broadband Internet subscribers, and 6,225,300 telephony subscribers. Liberty Global, Inc. was founded in 2004 and is based in Englewood, Colorado.
Advisors' Opinion:- [By Tim Brugger]
Upon Liberty Global's (NASDAQ: LBTYA ) successfully closing its acquisition of Virgin Media (NASDAQ: VMED ) , Tom Mockridge will assume CEO responsibilities of the U.K. communications firm, Liberty Global announced today.
- [By Leo Fasciocco]
The company, Liberty Global PLC (LBTYA), owns interests in broadband distribution and content companies in Europe, Asia, and Latin America, although the company is based in California.
Top 10 Media Stocks To Own For 2015: Charter Communications Inc.(CHTR)
Charter Communications, Inc., through its subsidiaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. The company offers cable video programming services, such as basic and digital video, premium channels, OnDemand, pay-per-view, high definition television, digital video recorder, and online video services; Internet services; Charter.net, which provides multiple e-mail addresses, as well as various entertainment, games, news, and sports content; and telephone services. It also provides broadband communications solutions, such as Internet access, data networking, fiber connectivity to cellular towers and office buildings, video entertainment services, and business telephone services under the Charter Business brand name to business and carrier organizations. As of December 31, 2011, the company served approximately 4.1 million video customers; approximately 3.5 million Internet customers; appr oximately 1.7 million telephone customers; and approximately 476,200 commercial primary service units. Charter Communications, Inc. was founded in 1999 and is based in St. Louis, Missouri.
Advisors' Opinion:- [By Harold L. Vogel]
For cable networks and distributors, first admire the long-term pricing power for cable services (shown in the chart below). Price increases have far exceeded the rate of gain of the Consumer Price Index (CPI) for decades and thereby supported the stock prices and earnings growth of the entire industry (even though some companies such as Charter (CHTR) stumbled into bankruptcy even with this pricing wind at their backs).
- [By Paul Ausick]
Seeing how its initial bid of $132.50 per share ($37.3 billion) for Time Warner Cable Inc. (NYSE: TWC) produced an immediate rejection, cable operator Charter Communications Inc. (NASDAQ: CHTR) is reported to be considering sweetening its offer to somewhere in the low $140s.
- [By Paul Ausick]
Charter Communications Inc. (NASDAQ: CHTR) is reported to be preparing an offer to acquire larger competitor Time Warner Cable Inc. (NYSE: TWC) at a price below $135 a share. Time Warner has reportedly indicated that it would likely accept an offer north of $150 a share, so if Charter comes in with its low-ball (a bear hug) offer the primary reason is that it wants to get the ball rolling.
- [By Sean Williams]
What specifically led both stocks higher today was speculation that Charter Communications (NASDAQ: CHTR ) is on the acquisition hunt. According to CNBC, Time Warner Cable's CEO Glenn Britt has discussed the possibility of merging with Charter; however, CNBC also commented that Time Warner Cable isn't likely to pursue the deal. That still proved more than enough to send Time Warner Cable and rival Cablevision higher, as any M&A acquisition in this sector would only serve to improve pricing power for these broadcasting companies.
Top 10 Media Stocks To Own For 2015: Time Warner Cable Inc(TWC)
Time Warner Cable Inc., together with its subsidiaries, operates as a cable operator in the United States. It offers video, high-speed data, and voice services over its broadband cable systems to residential and commercial customers. The company provides a range of video services, including on-demand, high-definition (HD), and digital video recorder (DVR) services; residential high-speed data services with connection to the Internet; wireless mobile broadband Internet services; and digital phone services to residential customers. It offers video programming tiers and music services; high-speed data, networking, and transport services; and commercial digital phone service to small and medium-sized businesses under the Time Warner Cable Business Class brand. Further, Time Warner Cable Inc. sells advertising to various national, regional, and local customers. As of June 30, 2011, the company served approximately 14.5 million residential and commercial customers in the New Yor k State, the Carolinas, Ohio, southern California, and Texas. Time Warner Cable Inc. is based in New York, New York.
Advisors' Opinion:- [By WWW.DAILYFINANCE.COM]
Susan Walsh/APComcast CEO Brian Roberts at The Cable Show 2013 convention in Washington. Comcast offered to sell 1.4 million pay TV subscribers to Charter Communications for $7.3 billion as part of a transaction aimed at winning regulatory approval for its proposed $45 billion takeover of Time Warner Cable. Comcast (CMCSA) also said it would divest another 2.5 million subscribers into a new publicly traded company, dubbed SpinCo for now, to be one-third owned by Charter (CHTR) and two-thirds by Comcast shareholders. The deal would make Charter -- whose own bid for Time Warner Cable (TWC) was thwarted by Comcast's higher offer -- the second-biggest U.S. pay TV company with 5.7 million customers, overtaking Cox Communications. Charter's shares rose as much as 10 percent to $142.70 in early trading Monday. Comcast shares were up 1.4 percent at $51.70. Comcast would have less than 30 percent of the U.S. residential cable or satellite TV market after the deal, the company said in a statement. The agreement is contingent on Comcast's Time Warner Cable deal being approved by the Justice Department and the U.S. Federal Communications Commission, a process that could take many months. Analysts said the deal was a pre-emptive move by Comcast ahead of a review of the deal by regulators. "Comcast wanted to do this deal now with Charter so it could get in front of regulators at the Justice Department and the FCC at the same time as the Time Warner Cable deal," a source familiar with the matter said. The source said there was a standstill agreement with Charter stipulating that it can't gain full control of SpinCo for four years. Comcast will have no ownership in SpinCo. SpinCo would have an estimated enterprise value of $14.3 billion and an equity value of $5.8 billion, Charter and Comcast said in an investor presentation. The divestments, mostly in the U.S. Midwest, would deliver about $19.5 billion in value to Comcast shareholders, the companies said. "For
Top 10 Media Stocks To Own For 2015: News Corporation(NWSA)
News Corporation operates as a diversified media company worldwide. Its Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, and movie programming for distribution through cable television systems and direct broadcast satellite operators primarily in the United States, Latin America, Europe, and Asia. The company?s Filmed Entertainment segment produces and acquires live-action and animated motion pictures for distribution and licensing in entertainment media, as well as produces and licenses television programming worldwide. Its Television segment operates 27 broadcast television stations in the United States. The company?s Direct Broadcast Satellite Television segment distributes programming services via satellite and broadband directly to subscribers in Italy. Its Publishing segment provides newspapers and information services, such as publishing national newspapers in the United Kingdom, approximately 146 newspapers in Australia, and a metropolitan and a national newspaper in the United States; book publishing services, including the publishing of English language books worldwide; and integrated marketing services comprising the publishing of free-standing inserts, which are marketing booklets containing coupons, rebates, and other consumer offers, as well as provides in-store marketing products and services, primarily to consumer packaged goods manufacturers in the United States and Canada. The company also sells advertising, sponsorships, and subscription services on the company?s various digital media properties and outdoor advertising space on various media primarily in Russia and eastern Europe; and provides data systems and professional services that enable teachers to use data to assess student progress and deliver individualized instructions. News Corporation was founded in 1922 and is headquartered in New York, New York.
Advisors' Opinion:- [By Lauren Pollock]
News Corp(NWSA) swung to a profit for the fiscal quarter, as cost-cutting helped offset lower revenue. Revenue missed expectations, sending the publishing company’s shares down 2.4% to $17 premarket.
Top 10 Media Stocks To Own For 2015: CBS Corporation(CBS)
CBS Corporation, together with its subsidiaries, operates as a mass media company in the United States and internationally. The company?s Entertainment segment distributes a schedule of news and public affairs broadcasts, sports, and entertainment programming; produces, acquires, and distributes programming, including series, specials, news, and public affairs; produces and distributes theatrical motion pictures across various genres; and operates online content networks for information and entertainment. Its Cable Networks segment owns and operates multiplexed channels that offers subscription program services, including recently released theatrical feature films, original series, documentaries, boxing, mixed martial arts and other sports-related programming, and special events; and CBS College Sports Network, a 24-hour cable program service related to college sports. This segment also owns and manages Smithsonian Networks, which operates Smithsonian Channel, a basic cab le service in the United States. The company?s Publishing segment publishes and distributes adult and children?s consumer books in printed, audio, and digital formats. Its Local Broadcasting segment owns 29 broadcast television stations; owns and operates 130 radio stations in 28 U.S. markets and related online properties; and owns local Websites that combine television and radio local media brands online to provide the latest news, traffic, weather, and sports information, as well as local discounts, directories, and reviews. The company?s Outdoor segment sells advertising space on various media, including billboards, transit shelters and other street furniture, buses, rail systems, mall kiosks, stadium signage, and in retail stores. CBS Corporation was founded in 1986 and is headquartered in New York, New York.
Advisors' Opinion:- [By Dan Caplinger]
CBS (NYSE: CBS ) has done an impressive job of making its television network the No. 1-rated network, vaulting over its peers. As a result, CBS stock vaulted to all-time highs last month in what has been an impressive recovery since 2009's stock market lows, with the stock having given investors 15-bagger performance since then.
- [By Mike Deane]
CBS Corporation’s (CBS) outdoor advertising subsidiary, CBS Outdoor Americas Inc., has filed a registration with the SEC for the public offering of 20 million shares.
CBS Outdoor Americas will trade under the ticker “CBSO,” and the IPO is expected to trade between $26 and $28 per share. According to CBS’s press release: “After the IPO, CBS Corporation will own approximately 83% of CBSO (or approximately 81% of the outstanding stock of CBSO if underwriters exercise their option to purchase additional shares in full). CBSO plans to convert into a real estate investment trust (“REIT”) later this year, following CBS’s divestiture of its shares through a tax-free split-off.”
CBS stock was inactive in pre-market trading. YTD, the company’s stock is up 3.35%.
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