Prior to AT&T’s (T) $85.4 billion bid for Time Warner (TWX) on October 22nd the stock had already been in a fairly sharp downtrend from its 52 week highs made in early July. The stock …
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AT&T (T) had a newsy week, starting off with their $85.4 billion bid for Time Warner (TWX) followed by their Q3 earnings report which might have highlighted their reason for attempting such a transformative acquisition. …
Continue readingAbout 10 days ago I called AT&T wireless to ask why my family plan was about $100 more a month than current offerings from Sprint (S) and T-Mobile (TMUS). This was after I saw my data usage …
Continue readingHere is some apparently untied directional options activity that caught my eye in today’s trading: PYPL: Paypal reports Q3 results Thursday after the close. The options market is implying about a 5% one day move, …
Continue readingShares of Time Warner have massively outperformed (up 23%) the broad market year to date (SPX up 5%), and peer Disney (DIS, down 13%). The stock caught my attention for a couple of reasons today. …
Continue readingEvent: Netflix (NFLX) will report Q3 results tonight after the close. The options market is implying about a 10% one day post earnings move, which is shy to the 13% decline following each of the last …
Continue readingI’ve written about Netflix (NFLX) on a few occasions of late (here, here and here), and while the subscription growth (or lack thereof in Q2) reported in July was disappointing, the M&A environment we find ourselves in makes …
Continue readingI know that most investors and pundits see all time highs in the largest equity market in the world as some sort of victory for capitalism. It’s been a victory, but not exactly for “free …
Continue readingOn Wednesday’s Fast Money on CNBC we had Tom Freston, former CEO of Viacom, to discuss the current board room battle between Sumner Redstone and its board. In case you haven’t been following the drama, …
Continue readingIn my preview of Disney’s (DIS) fiscal Q2 earnings on May 10th, when the stock was $106, I saw very few scenarios where the stock would rally after the print: The 11% bounce in the …
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