Between Wednesday’s market close and Thursday’s market open, four stocks held widely by Northlake clients reported earnings and held conference calls. Apple (APPL) did quite well, NII Holdings (NIHD) was solid, Regal Entertainment (RGC) was as expected, and Comcast (CMCSA/CMCSK) was a little below my expectations. Overall, I am quite satisfied with the start of […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-07-27 12:26:462007-07-27 12:26:46Earnings Looking Good So Far
As I expected, the summer box office momentum resumed at the end of June. Since June 29th, the box office is up 11%, ahead of analyst estimates built into 3Q models for the theatres companies. I think the rest of July and August should be able to sustain the gains with some possibility for further […]
My friend and Real Money colleague, Bob Faulkner, is handling the Apple conference call for the website this quarter. Bob specializes in technology so his input is especially interesting. I’ll be listening to the call as well. In the “Continue Reading” section I have reporduced Bob’s preview. I generally agree with him across the board. […]
While there were a couple of issues with AT&T’s 2Q07 earnings report, overall I think the results were good with underlying trends supporting the investment thesis that has led the shares to gain by 33% since last fall. I think further gains lie ahead. AT&T reported EPS of 70 cents, up 21% vs. a year […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-07-24 10:31:552007-07-24 10:31:55Another Good Quarter for AT&T
Big headline is something called City A.M. in the UK claims an inside source says that Comcast is considering a bid for Virgin Media. While Comcast may have requested info from the bankers running the auction I’ll be shocked if they bid. I think the Comcast-Virgin Media rumors are being planted by the Virgin Media […]
The third quarter improvement in the summer box office continued over the weekend but at a slower pace. Led by the new Adam Sandler film, I Now Pronounce You Chuck and Larry, the box office for the top 12 films was up 3.5% according to data from BoxOfficeMojo.com. Harry Potter and the Order of the […]
The Financial Times posted an interesting article on CETV and its role in consolidation of European TV stations. The article touched on CETV as a seller and buyer and included some surprisingly frank comments by Wallace Macmillan, the company’s CFO. As a reminder, last year private equity firm Apax Partners bought control of half off […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-07-20 10:55:042007-07-20 10:55:04Financial Times Writes Up Central European Media Enterprises
Gannett (GCI) reported another poor quarter as expected. There was nothing in the numbers to signal less pressure on revenues was around the corner. In addition, management provided no commentary on fundamentals or use of cash flow and the balance sheet that would reassure investors. As a result, I see no reason to be bullish […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-07-18 10:33:142007-07-18 10:33:14No SIgns of Upturn at Gannett
Central European Media Enterprises (CETV), a name familiar to former Street Insight subscribers as my favorite long-term growth idea in media, announced some good news on Friday. CETV purchased the remaining 21% minority interest in Markiza, its TV station in Slovakia for $79 million. CETV now owns 100% of its Slovakian operations. The purchase price […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-07-17 10:57:092007-07-17 10:57:09Good News: Central European Media Enterprises Acquires Minority Interests in Slovakia
After a weaker than expected June, the summer box office is now on track for an all-time record. With Harry Potter and the Order of the Phoenix opening at the high end of expectations and transformers showing great legs, the weekend box office for the top 12 films was up 14% according to BoxOfficeMojo.com. Since […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2007-07-17 10:55:592007-07-17 10:55:59Summer Box Office Back On Track
Earnings Looking Good So Far
Between Wednesday’s market close and Thursday’s market open, four stocks held widely by Northlake clients reported earnings and held conference calls. Apple (APPL) did quite well, NII Holdings (NIHD) was solid, Regal Entertainment (RGC) was as expected, and Comcast (CMCSA/CMCSK) was a little below my expectations. Overall, I am quite satisfied with the start of […]
Summer Box Office Update #2
As I expected, the summer box office momentum resumed at the end of June. Since June 29th, the box office is up 11%, ahead of analyst estimates built into 3Q models for the theatres companies. I think the rest of July and August should be able to sustain the gains with some possibility for further […]
Apple 3Q07 Earnings Preview
My friend and Real Money colleague, Bob Faulkner, is handling the Apple conference call for the website this quarter. Bob specializes in technology so his input is especially interesting. I’ll be listening to the call as well. In the “Continue Reading” section I have reporduced Bob’s preview. I generally agree with him across the board. […]
Another Good Quarter for AT&T
While there were a couple of issues with AT&T’s 2Q07 earnings report, overall I think the results were good with underlying trends supporting the investment thesis that has led the shares to gain by 33% since last fall. I think further gains lie ahead. AT&T reported EPS of 70 cents, up 21% vs. a year […]
Comcast Bidding for Virgin Media?
Big headline is something called City A.M. in the UK claims an inside source says that Comcast is considering a bid for Virgin Media. While Comcast may have requested info from the bankers running the auction I’ll be shocked if they bid. I think the Comcast-Virgin Media rumors are being planted by the Virgin Media […]
Summer Box Office Growth Still On Track
The third quarter improvement in the summer box office continued over the weekend but at a slower pace. Led by the new Adam Sandler film, I Now Pronounce You Chuck and Larry, the box office for the top 12 films was up 3.5% according to data from BoxOfficeMojo.com. Harry Potter and the Order of the […]
Financial Times Writes Up Central European Media Enterprises
The Financial Times posted an interesting article on CETV and its role in consolidation of European TV stations. The article touched on CETV as a seller and buyer and included some surprisingly frank comments by Wallace Macmillan, the company’s CFO. As a reminder, last year private equity firm Apax Partners bought control of half off […]
No SIgns of Upturn at Gannett
Gannett (GCI) reported another poor quarter as expected. There was nothing in the numbers to signal less pressure on revenues was around the corner. In addition, management provided no commentary on fundamentals or use of cash flow and the balance sheet that would reassure investors. As a result, I see no reason to be bullish […]
Good News: Central European Media Enterprises Acquires Minority Interests in Slovakia
Central European Media Enterprises (CETV), a name familiar to former Street Insight subscribers as my favorite long-term growth idea in media, announced some good news on Friday. CETV purchased the remaining 21% minority interest in Markiza, its TV station in Slovakia for $79 million. CETV now owns 100% of its Slovakian operations. The purchase price […]
Summer Box Office Back On Track
After a weaker than expected June, the summer box office is now on track for an all-time record. With Harry Potter and the Order of the Phoenix opening at the high end of expectations and transformers showing great legs, the weekend box office for the top 12 films was up 14% according to BoxOfficeMojo.com. Since […]