Tuesday, June 2, 2009
TiVo: Judge Rules Against EchoStar in DVR Patent Case
TiVo shares are up sharply after hours after a federal court in Texas upheld the company’s patents in its closely watched infringement case against EchoStar.
Monday, November 10, 2008
DISH Networks Q3 EPS Misses; Subscriber Count Shrinks
DISH Networks did not have a good third quarter. The company’s expected profits of 58 cents per share actually came in at 20 cents. Not too much luck getting or keeping customers, either–the network lost 10,000 customers in the third quarter alone and attracted a disappointing number of new subcribers. All of this and more, according to Bernstein Research analyst Craig Moffett, spells trouble.
Monday, September 29, 2008
DISH Shares Plunge After AT&T Partners With DirecTV
DISH Network (DISH) shares are getting clobbered today after rival DirecTV (DTV) late Friday announced that it has cut a deal with AT&T (T) to sell a co-branded version of the DirecTV service starting after Jan. 31. AT&T previously had a distribution deal with DISH.
Thursday, September 4, 2008
TiVo Shares Plunge; No Ruling in DISH Infringement Case
TiVo (TIVO) shares are down sharply late this afternoon, apparently on investor disappointment that the judge overseeing the company’s patent infringement case against Dish Network (DISH) did not issue a ruling today in a dispute over whether DISH had violated an injunction issued earlier this year after the company had been found to be in violation of two TiVo patents.
Wednesday, August 6, 2008
Will DISH Merge With DTV? Don’t Count On It
The Wall Street Journal whipped up a speculative frenzy yesterday with a story that said Dish Network (DISH) CEO Charlie Ergun was thinking about making a new attempt to merge his company with DirecTV (DTV), potentially creating a monopoly in satellite television services.
Monday, August 4, 2008
DISH Shares Swoon as Subs Leave, Churn Spikes
DISH Network (DISH) shares are down sharply this morning after the satellite TV company reported some disturbing subscriber data for Q2.
For the quarter, the company posted revenue of $2.91 billion, right in line with expectations, and profits of 75 cents a share, nicely above the Street consensus at 60 cents.
Wednesday, July 2, 2008
DISH Lower on AT&T News; Why Isn’t DTV Higher?
As you might expect, Dish Network (DISH) shares are lower today following the company’s disclosure last night that AT&T (T) has notified the company that it will terminate their distribution agreement at year end.
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