InvestorPlace: Stock Market Today: Earnings Galore, GDP Beat & Continued Fed Focus What a day it’s been for U.S stocks, capping off a strong week of trading. We saw the…

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InvestorPlace: Stock Market Today: Earnings Galore, GDP Beat & Continued Fed Focus What a day it’s been for U.S stocks, capping off a strong week of trading. We saw the…
InvestorPlace: 3 Big Stock Charts for Thursday: Discovery, AT&T and DISH Network
InvestorPlace: 3 Big Stock Charts for Thursday: Discovery, AT&T and DISH Network
It took a while to get going, but once the buyers stepped up on Wednesday, they didn’t look back. Once the S&P 500 was moving, its 0.47% gain carried it to a record-high close of 3,019.56.
Source: Shutterstock
Snap (NYSE:SNAP) led the charge with its 18.75% gain. The social media newcomer aced last quarter’s earnings and sales estimates, but more importantly, drove its best user growth since…
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InvestorPlace: Nasdaq Today: Google-Dish vs. T-Mobile, AT&T and Verizon? The stock market began to sell off on Friday, but a lack of sellers on low volume meant there was little follow through.
InvestorPlace: AT&T Stock is Cheap — But For Several Very Good Reasons AT&T (NYSE:T) continues to trade sideways as the share price hit a six-year low in December.
DISH NETWORK CORPORATION (NASDAQ:DISH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
DISH NETWORK CORPORATION (NASDAQ:DISH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
DISH NETWORK CORPORATION (NASDAQ:DISH) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 2, 2016, the Board of Directors…
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AT&T Inc. (NYSE:T), Comcast Corporation (NASDAQ:CMCSA), DISH Network Corp (NASDAQ:DISH) and DIRECTV (NASDAQ:DTV) To Broadcast Olympics In 4K
DIRECTV (NASDAQ:DTV), AT&T Inc. (NYSE:T), Comcast Corporation (NASDAQ:CMCSA), and DISH Network Corp (NASDAQ:DISH) have announced that they will offer coverage of the Rio Olympics in 4K.
The companies have announced that they will broadcast various Olympic events in 4K ultra definition for customers with 4K TVs. Some of the Rio Olympics events that will be broadcasted in 4K include the opening ceremonies, basketball, swimming, judo, track, and field. Customers can access the events in 4K from August 6 to August 22. The firms have also announced that not all their TV packages will be part of the 4K offering.
Dish will only avail the offer through the 4K Joey set-top boxes or the Hopper 3 DVR. DirectTV customers who want to enjoy the offer will be required to upgrade to the Ultimate programming package or higher. Comcast will only offer the coverage in 4K through the Xfinity Ultra High Definition Sampler app and it will limit the 4K quality to LG and Samsung Ultra HD TVs. The companies are offering the 4K broadcasts through their premium packages in the hope of convincing more users to upgrade their subscriptions.
The 4K broadcasting offer is also expected to significantly push for higher 4K TV sales since people will want to enjoy the experience. Six million 4K TV sets were shipped in North America in 2015 and the Ultra HDTV update is expected to be higher towards the end of 2016. TV manufacturers take advantage of major sporting events such as the Olympics and the World Cup to launch their products and this is a strategy that has proven successful in the past.
The announcement that the companies will be offering coverage in 4K is expected to create an incentive for people to purchase 4K TV sets. One of the major reasons why Ultra HDTVs have not appealed to many is because there is limited 4K content.
AT&T Inc. (NYSE:T), Comcast Corporation (NASDAQ:CMCSA), DISH Network Corp (NASDAQ:DISH) and DIRECTV (NASDAQ:DTV) To Broadcast Olympics In 4K was originally published on Market Exclusive
TiVo to Report Fourth Quarter and Fiscal Year End 2016 Results After Market on March 1, 2016
TiVo to Report Fourth Quarter and Fiscal Year End 2016 Results After Market on March 1, 2016
TiVo to Report Fourth Quarter and Fiscal Year End 2016 Results After Market on March 1, 2016 SOURCE: TiVo Inc. February 18, 2016 16:30 ET SAN JOSE, CA–(Marketwired – Feb 18, 2016) – TiVo Inc. (NASDAQ: TIVO) announced today that it will release financial results for the fourth quarter and fiscal year ended January 31, 2016 after market close on Tuesday, March 1, 2016. TiVo will host a conference…
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DISH Network (NASDAQ:DISH) Earnings Plunge 21% Despite 3.4% Revenue Growth
DISH Network Corp (NASDAQ:DISH) reported that its full year 2015 profits plunged 21% as its operational income was hurt by $516 million in FCC auction expenses. Apart from that, about $123 million was spent towards impairment charges of long-lived assets. As a result, its earnings per share fell shy of Street analysts’ expectations by 36 cents a share. The company was still able to generate 3.4% more revenue in the same period.
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Full Year Results
DISH Network reported that its net income dropped 21% to $747 million from $945 million in 2015. Similarly, its earnings fell 21.1% to $1.61 a share from $2.04 a share in the same period. Street analysts estimated the cable firm to deliver earnings of $1.97 a share while Capital IQ expected $2.00 a share.
The cable firm’s top line advanced 3.4% to $15.1 billion from $14.6 billion in the previous year. Its subscriber-related revenue also grew to $15 billion from $14.5 billion representing a 3.45% uptick. Revenue was in line with Street expectations of $15.02 billion. The company’s operating income also plunged 27.8% to $1.3 billion from $1.8 billion in the comparable period hurt by impairment charges and FCC auction expenses.
Subscribers Data
DISH Network said that it was able to activate about 2.77 million gross Pay-TV subscribers in 2015. That was 6.61% higher than the preceding year’s 2.601 million. The most significant factor was that its net Pay-TV subscribers witnessed a loss of about 81,000 in 2015, which was higher than the approximately 79,000 loss suffered in the preceding year, 2014. As a result, the company closed the year with net Pay-TV subscribers of 13.897 million suggesting a loss of 58 basis points from 2014.
DISH Network’s average revenue per user (ARPU) in Pay-TV grew 3.6% to $86.79 from $83.77 in 2014, a good sign going forward. The company disclosed a 1.71% average monthly subscriber churn rate in 2015, higher than 1.59% recorded in the preceding year. In the broadband section, the company added about 623,000 subscribers in 2015 indicating 8% growth from 577,000 witnessed in 2014.
DISH Network (NASDAQ:DISH) Earnings Plunge 21% Despite 3.4% Revenue Growth was originally published on Market Exclusive