Netflix Said to Have Unfair Advantage and 4 Media Titans Making Waves
AOL (NYSE:AOL): Current price $29.83
AOL sees its shares begun at Cantor Fitzgerald with a Hold, along with a price target of $32. The firm comments that, “While we believe management has done a remarkable job creating shareholder value since the spin-off through asset sale, operational turnaround is still a work-in-progress, which if successful, could put the company back on a growth path and make AOL a major player again. At current valuation, we find the upside from low-hanging fruit already picked; management now needs to demonstrate that core O&O display ad revenue can grow at/near industry rates for further stock upside.”
Netflix (NASDAQ:NFLX): Current price $100.32
A federal court has decided that Netflix has obtained an unfair advantage in the way the United States Postal Services processes its DVDs, according to Reuters. Further, the federal appeals court has told postal service officials to either remedy or explain how the discrimination came about. Prior to this, Gamefly (GFLY) contended that it was entitled to postal service similar to what Netflix has received.
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Coinstar (NASDAQ:CSTR): Current price $47.83
Coinstar will post its fourth quarter and full year 2012 financial results on February 7th after the close. The firm’s earnings press release and prepared remarks reviewing its financial results and guidance will be available on the Investor Relations section of its website at www.coinstarinc.com.
The Walt Disney Company (NYSE:DIS): Current price $50.47
A big new emerging trend in running apparel seems to be the co-branding of shoes, and New Balance and Disney are getting in on the act. On Thursday, New Balance and runDisney, Disney’s sports branch that conducts running races at Disney parks in Florida and California, have released limited edition runDisney 860v3 running shoes which feature Disney’s most iconic characters, Mickey and Minnie Mouse. Minnie’s classic red and white polka dot dress was the basis for the women’s shoe design and Mickey’s black tuxedo look inspired the men’s shoe. What, no Uncle Scrooge or Goofy?
SIRIUS XM Radio Inc. (NASDAQ:SIRI): Current price $3.16
Sirius must deal with the increased availability of Internet connections in more cars, which is helping Pandora Media (NYSE:P) compete for the attention of automakers, according to Reuters. While the firm, which has its satellite radios in 70 percent of new vehicles, obtains the majority of its revenue via subscriptions, Pandora gets most of its revenue from advertising.
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