Dish’s Strong Quarter, QuickLogic’s Stock Offering, and 3 More Hot Stocks
Dish Network Corp. (NASDAQ:DISH): Shares are up nearly 4 percent as Dish Network reports that it added almost 75,000 net broadband subscribers in the third quarter to bring its total broadband subscriber base to 385,000. Some 35,000 pay-TV customers were brought on for a total of 14.09 million Dish Network pay-TV subscribers; the average revenue per subscriber was $81.05, up 5.3 percent over the year prior.
QuickLogic Corp. (NASDAQ:QUIK): QuickLogic shares are slumping more than 7 percent as it announces a stock offering of 7.6 million priced at $2.90 per share, with underwriters being given a 1.14 million-share over-allotment option. QuickLogic is hoping to bring in a haul of $20.6 million, to be used for working capital and other general corporate purposes.
Isis Pharmaceuticals (NASDAQ:ISIS): Isis Pharmaceuticals has been awarded with a $1.5 million milestone from Biogen Idec (NASDAQ:BIIB), as per its agreement pertaining to the advancement of ISIS-SMNRx in infants with spinal muscular atrophy.
CBS Corp. (NYSE:CBS): While speaking at the Wells Fargo tech and media conference, CBS operating officer Joe Ianniello said that the company intends to preserve its current ecosystem in response to a question over Aereo, which has caused flurries of anger and concern in the traditional broadcasting world. Ianniello remained confident — over panic or concern — regarding the challenge that Aereo poses.
Goldman Sachs Group (NYSE:GS): ”While we have generated good relative returns in the last five years, they are hardly aspirational,” said Goldman Sachs CEO Lloyd Blankfein before a crowd at the Bank of America financial services conference. Blankfein went on to add that the response to current tough conditions is not “wholesale strategic change, but rather one of tactical execution … for us, good strategy is effective execution.”