Some TV executives are crowing about the pending boom in advertising, which we believe could not only help broadcasters and media companies like CBS Corp. (CBS), Viacom, Inc. (VIA) and The Walt Disney Company (DIS) as well as satellite pay-TV providers like DirecTV (DTV) and Dish Network (DISH). Our price estimate for DirecTV stands at $48.63 which is roughly a premium of 7% to the market price.
ADVERTISING posts
FeedImproving Ad Market Lifts All Boats, Including DirecTV's
Continue reading Improving Ad Market Lifts All Boats, Including DirecTV's
Raising Estimates on CBS on Better Ad Environment
CBS (CBS) competes with other media conglomerates like Disney (DIS), News Corp. (NWSA), Time Warner (TWX) and Viacom (VIA) in the media and entertainment business.
The company recently released its fourth quarter 2010 earnings. Based on observed improvements in margins across all categories, an improving advertising environment and continued growth in the local broadcasting segment, we have updated our price estimate for CBS stock to $26.34. Our price estimate for CBS stands at 18% premium to the market price.
Continue reading Raising Estimates on CBS on Better Ad Environment
Disney Expected to Post Strong Q1 Results
The earnings season has been going pretty good so far, and Walt Disney (DIS) will get its chance to impress Wall Street this afternoon when it reports its fiscal first quarter results after the market closes.
Going into this afternoon's report, analysts are expecting to see the company report earnings of $0.56 per share, up from $0.47 during the same period last year.
Who Will Win the Super Bowl Ad Game This Year?
Teams have been preparing their game plans and it's time to see which of the 60 teams will win. No, not the Packers or Steelers -- Go Pack! -- but PepsiCo (PEP), Anheuser-Busch (BUD), General Motors (GM) and all the other companies competing for the best spots in one of TV's most expensive marketing moments, costing an estimated $3 million dollars per 30 second spot.
For those not into football, the ads in the Super Bowl game can be more amusing than the game itself as advertising teams compete for attention, show their best efforts and even get rated by numerous online sites. Last year, Doritos (owned by PepsiCo), and E-Trade (ETFC) did well, and Anheuser-Busch seems to always have a Clydesdale horse in the running.
Continue reading Who Will Win the Super Bowl Ad Game This Year?
Campbell Soup Reports Disappointing Earnings
Campbell Soup (CPB) reported its fiscal first quarter results Tuesday morning, and the stock was trading lower after the company's quarterly earnings came in under expectations.
Headed into this earnings report, analysts had been expecting to see the company report $0.83 per share, but the Campbell's came up a little short, reporting actual earnings of $0.82.
Continue reading Campbell Soup Reports Disappointing Earnings
Gap's New Logo Is a Failure, Kind of Like the Stock
Fashion firm Gap (GPS) has had its fair share of struggles recently -- what with the economic crisis and all, not many people want to dish out a lot of money for khakis and tight sweaters. In recent months, Gap has seen sales cool and reported that same-store sales dropped 4% during the second quarter.
So, what do you do with the holiday shopping season approaching and sales slumping? Do you drop prices across the board to try and attract more shoppers? Do you advertise these new prices so cash-strapped college kids know they can now get their khakis and button-ups cheaper? No. The brand geniuses over at the Gap decide this is time to replace the companies iconic blue box logo with something a bit more modern.
Continue reading Gap's New Logo Is a Failure, Kind of Like the Stock
Apple's Mobile Advertising Continues to Grow
Apple, Inc. (AAPL) only entered the mobile advertising market a few months ago, but the company has already been successful at taking away crucial mobile advertising revenue from giants such as Yahoo! Inc. (YHOO) and Google, Inc. (GOOG).
Apple was definitely a late comer to the mobile advertising party, but it has nonetheless made a quick impact. According to a report from Bloomberg Businessweek today, Apple could end the year with a nice 21% share of the market.
Continue reading Apple's Mobile Advertising Continues to Grow
Google Sells Off After Missing Earnings Estimate
Shares of search engine giant Google (GOOG) fell by $19 per share (almost 4%) in after-hours trading Thursday after the California-based company was unable to hit estimates for its second quarter.As we noted in our earnings preview, Google has done very well over the past couple of years, and the company has outpaced analyst estimates each of the past seven quarters.
Continue reading Google Sells Off After Missing Earnings Estimate
JockStocks: The Big Winner in Tonight's NFL Draft? ESPN and the NFL Network
Tonight is the night that NFL fans the world over treat as Christmas: the NFL Draft. Year after year, hopeful NFL fans tune in to the draft to see which player their chosen team will draft. When the pick is made, network talking heads, sports radio hosts, bloggers, and casual sports fans will issue their opinions on the team's new pick, with some teams declared winners and some declared losers. One thing is certain: the two big winners will be the NFL Network and ESPN. These two networks are the sole television broadcast outlets for the Draft (aside from NFL.com, where you will be able to watch the NFL Network's coverage), and there are some major changes to the broadcast this year.
Continue reading JockStocks: The Big Winner in Tonight's NFL Draft? ESPN and the NFL Network
Google Trading Lower Despite Better Than Expected Earnings
Shares of internet search engine giant Google Inc. (GOOG) are trading sharply lower in after hours trading despite posting better than expected earnings for its first quarter.Going into this afternoon's earnings release analysts had forecast $6.60 per share, with actual earnings coming in better than expected at $6.76 excluding special items.
Continue reading Google Trading Lower Despite Better Than Expected Earnings
Businesses to Twitter: Give Us More than Analytics
Twenty-six percent of businesses using Twitter say they'd pay for the right services, and that might just be good enough.
WebBizIdeas.com polled 850 Twitter business users about what services would lead them to pry open their wallets. Three quarters of them said they either weren't crazy or were unsure about paying for additional features like analytics (31% and 43%, respectively), which sounds like a menacing amount. Yet, the size of this social media environment may make the 26% sufficient.
Continue reading Businesses to Twitter: Give Us More than Analytics
Twitter May Chirp Its Commercial Accounts Next Month
Twitter's a pretty lucky company. Few get two bytes at the hype apple in rapid succession, but this social media platform has found a way to make up for its disappointing announcement about its advertising model. According to VentureBeat, Twitter might unveil its long-awaited, heavily-hyped and possibly investor-satisfying corporate accounts. Next month, at its inaugural Chirp developer conference, we could finally see what might just be the foundation of Twitter's business model.
Continue reading Twitter May Chirp Its Commercial Accounts Next Month
JockStocks: Tiger Has a New Sponsorship Offer, Should He Accept?
Rumor has it that Tiger Woods has started to brush up on his game a bit and some of golf's greats believe that he will be playing in the Masters. If, and when, he returns, Tiger will be a little lighter in the sponsorship arena, what with AT&T (T), Accenture (ACN), and PepsiCo's (PEP) Gatorade all having ended their sponsorship deals with Tiger.
Fear not though, Tiger is making enough money that he can actually turn down sponsors. Reportedly, an Irish bookie -- Paddy Power (awesome name) -- has made a $75 million offer to sponsor Tiger over the next five years.
Continue reading JockStocks: Tiger Has a New Sponsorship Offer, Should He Accept?
Facebook Revenue to Top $1 Billion in 2010
Initial estimates of a $550 million year for Facebook in 2009 may be lower than expected. In fact, the company may have brought in as much as $700 million, though it is notoriously tight-lipped about the size of its coffers. In what was clearly a banner year for the social media site, it also moved into positive free cash flow territory – and the number of users continues to rise across the board. Facebook's revenue trajectory – at least to the extent that it can be gauged – has been impressive. From $150 million in 2007, it grew to an estimated $280 million to $300 million in 2008 and a 2009 result that could range from $600 million to $700 million. Revenue has at least doubled every year, a trend that Inside Facebook expects to continue. Of course, these are all third-party estimates, and Facebook isn't saying a thing.
Dish Network Reports Fourth-Quarter Earnings
DISH Network (DISH) reported Monday a 1.4% increase in its 2009 fourth quarter revenue to $2.96 billion. In the fourth quarter of 2008, DISH's revenues were $2.92 billion. The news wasn't as good for DISH's earnings. Diluted earnings of 40 cents per share were lower than the 48 cents per share it earned in the 2008 quarter. For the fiscal year, DISH saw total revenue of $11.66 billion -- 0.4% better than the $11.62 billion logged in the previous fiscal year. The network gained 249,000 net subscribers during the past quarter, pushing the year-end subscription numbers to 14.1 million by year's end.
Continue reading Dish Network Reports Fourth-Quarter Earnings
Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?

