: iStockAnalyst.com Symbols Feed

Earnings Preview For Nov 3 - 7 - Earnings Preview

Sat, 01 Nov 2008 01:58:00 GMT

Companies that could issue positive surprises include Becton, Dickinson and Company (BDX), SucessFactors (SFSF) and Sunoco (SUN). Penn Virginia Corporation (PVA) could potentially disappoint investors. The Week's Events November has historically been one of the best months for the major markets, according to the[More...]

Analyst Comments: Goodyear. Centennial, Cox Radio, China Life, CONSOL Energy

Tue, 05 Aug 2008 00:42:00 GMT

On July 31, Goodyear Tire & Rubber Company (GT) reported 2007 second quarter results. In the quarter, excluding special items, net income from continuing operations was $0.31 per share, compared to $0.14 per share in the prior-year quarter. The company is benefiting from a major restructuring program along with lower raw material costs and improved selling prices. However, weak tire volumes compel us to rate the shares a Hold with a target of $20. Goodyear Tire's strength lies in its exposure to the strong heavy-truck market. This helps Goodyear better than its peers in hedging against earnings volatility in the tire industry. In addition, profit margins are expected to improve as both the Goodyear-brand tires and commercial tires are witnessing an improvement in sales across all markets, capitalizing[More...]

Analyst Comments: Smith Micro, ValueClick, Cox Radio, Churchill Downs, NCR Corp, Myriad Genetics, Oscient Pharma

Thu, 08 May 2008 18:25:37 GMT

Smith Micro (SMSI) is a developer of wireless communications software and utility software for multiple OS platforms. It has significant relationships with several large cellular providers and OEM cell phone manufacturers. First quarter results were in line with our expectations and we are not changing our forecasts for 2008 and 2009. The company announced a (potentially)...[More...]

Time to Tune Back Into Radio Stocks?

Thu, 27 Mar 2008 16:55:07 GMT

Recently, we had a conversation about the radio industry of the media sector with Zacks senior media analyst Ann Northrop, CFA, in which we try to get a handle on the dismal returns some companies have been generating as of late. Is there relief on the way? Radio stocks are taking a beating. What is happening in the industry? Yes, radio stocks continue to hit new lows. The sector has fallen roughly 26% this year and 60% from its highs in early 2004. The industry is in the midst of both a cyclical slowdown, pressured by a weak economy, and a secular downturn, which has slowed industry revenue growth to 1% annually over the last seven years. Satellite radio, MP3s, video games and streaming music from the Internet have all grabbed listeners from traditional terrestrial radio. Simultaneously, advertisers have gravitated towards other mediums, which have[More...]

Analyst Comments: Cephalon, China Fire & Security, Arrow Electronics, Cox Radio

Wed, 26 Mar 2008 14:04:31 GMT

Cephalon, Inc. (CEPH) is an international biopharmaceutical company focused on the discovery development and marketing of products for the treatment of sleep disorder, neurological disorders, cancer and pain. These products are marketed in the U.S. and in[More...]

Analyst Comments: Cox Radio, POSCO, Concur, AGCO, Yum! Brands, RC2, ChinaEdu, Molina Healthcare,

Tue, 19 Feb 2008 18:44:25 GMT

Shares of Cox Radio, Inc. (CXR) have fallen after the tightening credit markets dashed speculation that its parent company, Cox Enterprises (CEI) will purchase the remaining 33% of CXR's outstanding shares, which it does not already own in a leveraged buyout. The transaction would be attractive for CEI, given its low leverage, and high...[More...]

Analyst Comments: Diamond Offshore Drilling, TiVo, UTStarcom, McCormick & Schmick's Seafood Restaurants, Stora Enso OYJ, TRW Automotive Holdings Corporation

Wed, 28 Nov 2007 08:17:29 GMT

Reiterating his bullish case for Diamond Offshore Drilling, Inc. (DO), Zacks energy sector analyst Sheraz A. Mian explains why he has issued a Buy rating to the shares of the contract drilling company:'While Diamond's third-quarter earnings came below our estimates, they were up 24% year-over-year due to continued...[More...]

TiVo's Shrinking Market Share

Mon, 27 Aug 2007 22:45:45 GMT

Zacks senior media industry analyst Ann Northrop, CFA keeps her Hold rating on TiVo (TIVO) shares. The following excerpts help tell the story:[More...]

Fidelity National Financial Invests in Village Inn, Baker's Square Restaurants

Mon, 04 May 2009 17:48:00 GMT

May 4--You obviously know that you can get title insurance from Fidelity National Financial Inc. But did you also know you can order pies from an affiliate of the Jacksonville-based company?
After quietly announcing the deal in late March, FNF Chief Executive Officer Alan Stinson gave more details about the sale in the company's quarterly conference call last week.
After acquiring the title insurance operations of Land- America Financial Group last year, FNF controls 46 percent of the U.S. title market.

[More...]

Pulte's Purchase Adds Entry-Level Market to Strategy

Mon, 13 Apr 2009 17:52:00 GMT

Apr. 13--Considering that fewer new homes are being built these days, a consolidation of the home building industry is probably inevitable.
But in addition to the cost savings gained by merging two big firms together, some analysts said Pulte Homes Inc.'s proposed acquisition of Centex Corp. makes good strategic sense.
That's because Centex has a strong presence in the entry-level home market, while Pulte has a large concentration in the active-adult retirement market through its Del Webb communities.

[More...]

Cox Enterprises, Inc. Completes Acquisition of Cox Radio, Inc.

Fri, 29 May 2009 20:25:00 GMT

Cox Enterprises, Inc. announced today that its wholly-owned subsidiary, Cox Media Group, Inc., has completed its acquisition of Cox Radio pursuant to a short-form merger in which Cox Radio became an indirect, wholly-owned subsidiary of Cox Enterprises following the successful completion of its tender offer, which expired on Tuesday, May 19, 2009.[More...]

Cox Enterprises Completes Tender Offer for Cox Radio

Wed, 20 May 2009 00:18:00 GMT

Cox Enterprises, Inc., announced today that its wholly-owned subsidiary, Cox Media Group, Inc., successfully completed its tender offer to acquire all of the outstanding shares of Class A common stock of Cox Radio, Inc. not otherwise owned by Cox Media Group. The offer expired at 5:00 p.m., New York City time, on Tuesday, May 19, 2009. A total of approximately 10,327,500 shares of Cox Radio Class A common stock were tendered, which amount includes approximately 917,500 shares subject to guaranteed deliveries and approximately 327,000 shares tendered by affiliates, representing 59.4% of Cox Radio's publicly held Class A shares. Cox Media Group has accepted for payment all shares validly tendered pursuant to the tender offer.[More...]

Cox Enterprises Extends Tender Offer for Cox Radio and Maintains $4.80 Offer Price

Mon, 18 May 2009 11:36:00 GMT

Tender Offer Expires May 19, 2009[More...]

Cox Enterprises Extends Tender Offer for Cox Radio and Maintains $4.80 Offer Price

Thu, 14 May 2009 11:26:00 GMT

Tender Offer Expires May 15, 2009[More...]

Cox Radio Reports First Quarter 2009 Financial Results

Mon, 11 May 2009 13:50:00 GMT

Operating Results - First Quarter 2009
Net revenues for the first quarter of 2009 were $75.5 million, down 22.8% from the first quarter of 2008.
This increase was primarily the result of additional costs associated with programming talent in our Atlanta and Tampa markets.

[More...]

Cox Radio, Inc. Recommends the Tender Offer by Cox Media Group, Inc. at the Increased Tender Offer Price of $4.80 Per Share

Thu, 30 Apr 2009 11:59:00 GMT

Cox Radio, Inc. today announced that as a result of Cox Enterprises, Inc., through its wholly owned subsidiary Cox Media Group, Inc., raising the offer price to $4.80 per share, the Special Committee has unanimously recommended, on behalf of Cox Radio, that the stockholders of Cox Radio accept the tender offer and tender their shares of Class A common stock pursuant to the tender offer prior to the expiration of the tender offer at 12:00 midnight, New York City time, on Wednesday, May 13, 2009. Cox Radio also today filed a revised Solicitation/Recommendation Statement in an amendment to Schedule 14D-9 announcing that the Special Committee of the Board of Directors of Cox Radio has changed its previous position that it could not express an opinion with respect to the tender offer.[More...]

Cox Enterprises, Inc. to Increase Tender Offer Price for Cox Radio to $4.80 per Share and Extend Offer

Wed, 29 Apr 2009 12:23:00 GMT

Cox Enterprises, Inc., through its Cox Media Group, Inc. subsidiary, announced today that it has agreed to increase the price of its offer to acquire all the outstanding shares of Class A common stock of Cox Radio, Inc. not otherwise owned by Cox Media Group to $4.80 per share. The price represents a 45.5% premium over the closing price on March 20 and a 26.3% premium over Cox Enterprises' original proposal of $3.80 per share. The expiration of the tender offer has been extended, and the tender offer will now expire at 12:00 midnight New York City time on Wednesday, May 13, 2009.[More...]

Notice of Filing of Class Action Against Cox Radio, Inc., by Bull & Lifshitz LLP -- CXR

Tue, 28 Apr 2009 21:18:00 GMT

On April 8, 2009, Donald Dixon , individually and on behalf of himself and all others similarly situated, filed a class action lawsuit in the United States District Court Northern District of Georgia Atlanta Division civil action No. 09-CV-00938 in connection with a cash tender offer announced on March 23, 2009 by Cox Enterprises, Inc., the Company's majority stockholder, through its unit Cox Media Group, Inc. for all of the outstanding publicly held minority interest in Cox Radio for $3.80 per share in cash, or a total payment of approximately $69.1 million, including fees and expenses . On April 15, 2009, Plaintiff filed an amended class action complaint .[More...]

Cox Enterprises and Georgia Power Produce Green Energy for Georgia

Mon, 20 Apr 2009 18:47:00 GMT

Rooftop Solar Installation at Atlanta Vehicle Innovation Facility Supports Cox's National Sustainability Program
Located at Cox's Manheim DRIVE facility in Stockbridge, Ga., the 100-kilowatt rooftop system converts the sun's radiation to electricity and generates approximately 150-megawatt hours annually.
The renewable energy is fed back into the utility grid system and reduces the amount of energy generated by Georgia Power.

[More...]

Cox Radio, Inc. Issues Revised Response/Recommendation Statement Regarding Tender Offer of Cox Media Group, Inc.

Mon, 20 Apr 2009 13:00:00 GMT

Cox Radio, Inc. announced today that the Special Committee has withdrawn its recommendation that the stockholders of Cox Radio accept the tender offer by Cox Media Group, Inc., an indirect and wholly owned subsidiary of Cox Enterprises, Inc., and tender their shares of Class A common stock for $3.80 per share. The Special Committee has determined that at this time it cannot express an opinion with respect to the tender offer and, therefore, is taking a neutral position with respect to the tender offer for the following reasons:[More...]