The Zacks Analyst Blog Highlights: DIRECTV, Comcast, Time Warner Cable, CBS and Viacom
CHICAGO, Nov. 28, 2012 /PRNewswire via COMTEX/ --
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include DIRECTV (Nasdaq:DTV), Comcast Corporation (Nasdaq:CMCSA), Time Warner Cable Inc. (NYSE:TWC), CBS Corporation (NYSE:CBS) and Viacom, Inc. (Nasdaq:VIAB).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/ id=5513
Here are highlights from Tuesday's Analyst Blog:
DTV, NBCUniversal to Sign New Deal
DIRECTV (Nasdaq:DTV), the largest satellite TV operator in the U.S., is all set to enter into a new distribution deal with Comcast Corporation (Nasdaq:CMCSA)-owned NBCUniversal. By virtue of the deal, the former will offer popular channels of NBCUniversal like CNBC, Bravo, MSNBC and other channels to its customers.
However, Comcast SportsNet Houston, a regional sports channel and G4 channels will not be the part of the deal as DirecTV failed to negotiate rates.
DirecTV is continuously signing new deals or renewing contracts with cable and channel partners. Few days back, the company signed a deal with Time Warner Cable Inc. (NYSE:TWC) to telecast the cable MSO's two sports network in the Los Angeles area. The company also entered into an agreement with CBS Corporation (NYSE:CBS) to broadcast its huge range of channels to its subscribers.
Such agreements with different network and cable partners will not only help DirecTV to boost its customer addition, but will also allow the company to offer superior services to its subscribers, thereby improving subscriber churn going forward. Separately, DirecTV subscribers can no more view TVB channels due to the recent disagreement between TVB network and DirecTV. Thus, in order to offset any further subscriber loss, the company is signing more deals with other channel partners.
However on the down side, such increased amount of new deals coupled with renewal of contract with Viacom, Inc. (Nasdaq:VIAB) at 30% higher rate will elevate DirecTV's programming expense, hence putting more pressure on margins.
We are maintaining our long-term Neutral recommendation on DirecTV. Currently, the stock holds a Zacks #3 Rank, implying a short-term Hold rating.
Want more from Zacks Equity Research Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/ id=5515.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today: http://at.zacks.com/ id=5517
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros at http://at.zacks.com/ id=5518.
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748 ref=ts
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Media ContactZacks Investment Research800-767-3771 ext. email@example.com http://www.zacks.com
SOURCE Zacks Investment Research, Inc.
[ Satellite Spotlight's Homepage ]