Central European Media Enterprises (CETV), announced very good news yesterday. CETV will purchase the minority interests in its lead station in Ukraine, Studio 1+1. CETV will immediately take its 60% interest to 90% and has a put call option exercisable a year after closing for the remaining 10%. The 30% piece is being purchased for […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2008-02-06 11:17:222008-02-06 11:17:22CETV Gets The Rest of Ukraine
I find little to get excited about regarding Time Warner’s quarterly results, guidance, or commentary. The results were quite close to expectations pretty much across the board. The guidance contained no surprises. Commentary about business conditions and strategic actions offered little new insight. The shares are trading up 5% in a strong tape for media […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2008-02-06 11:16:222008-02-06 11:16:22News But Nothing Exciting at Time Warner
News Corporation reported excellent third quarter beating consensus estimates on EPS, revenue, and operating income. Strength was virtually across the board with every segment beating estimates on the operating income line. Topping off the good news, operating income growth guidance was raised from low teens to mid teens. On the call management addressed the two […]
Disney is expected to report its weakest growth quarter in several years but I do think investors should interpret it as the end of Disney’s multiyear run of superior financial results. Tough comparisons and the challenges of a weakening consumer are driving the slower growth but there is a good chance Disney will beat estimates […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2008-02-04 13:20:252008-02-04 13:20:25Disney Earnings Preview: Slower Growth But Looking For A Positive Surprise
I anticipate a strong quarter from News Corporation after the close on Monday and a positive reaction from the market. The stock jumped 3% on Friday as investors began to look ahead to earnings and considered the impact of the Yahoo-Microsoft deal on MySpace. I think plenty of upside remains in the near-term and long-term […]
There were no changes to Northlake’s Market Cap and Style models for February. The Market Cap model continues to flash a mid cap signal while the Style model remains in growth mode. As always, thanks to Ned Davis Research who originally developed and continues to maintain these models. The Market Cap model swung to mid […]
I anticipate a strong quarter from News Corporation after the close on Monday and a positive reaction from the market. The stock jumped 3% on Friday as investors began to look ahead to earnings and considered the impact of the Yahoo-Microsoft deal on MySpace. I think plenty of upside remains in the near-term and long-term […]
Verizon (VZ) reported a pretty solid quarter and made constructive — if not detailed — comments about 2008. The market is focusing on some slight misses in key metrics, but I think that has more to do with the suddenly negative sentiment toward the telcos than with the quarter. EPS, adjusted for one-time items, 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 Birenberg2008-01-29 10:32:242008-01-29 10:32:24Verizon OK But Growth Slowing Slightly
I’ve been reading up on the phenomenon of the missing iPhones and the only thing I can conclude is they might all have been at Sundance. Honestly, it seemed every line we were standing in had multiple iPhones in use. I know that speaks more to where Apple has mindshare than anything else, but I […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2008-01-29 10:19:282008-01-29 10:19:28Missing iPhones Found at Sundance
If you love movies and have never been to Sundance I highly recommend it. This was my first visit and I found an incredibly well organized and orchestrated festival. Pulling it off is no easy task. There are seven venues with nine screens in Park City alone plus additional showings in Salt Lake City and […]
CETV Gets The Rest of Ukraine
Central European Media Enterprises (CETV), announced very good news yesterday. CETV will purchase the minority interests in its lead station in Ukraine, Studio 1+1. CETV will immediately take its 60% interest to 90% and has a put call option exercisable a year after closing for the remaining 10%. The 30% piece is being purchased for […]
News But Nothing Exciting at Time Warner
I find little to get excited about regarding Time Warner’s quarterly results, guidance, or commentary. The results were quite close to expectations pretty much across the board. The guidance contained no surprises. Commentary about business conditions and strategic actions offered little new insight. The shares are trading up 5% in a strong tape for media […]
Good News Corp
News Corporation reported excellent third quarter beating consensus estimates on EPS, revenue, and operating income. Strength was virtually across the board with every segment beating estimates on the operating income line. Topping off the good news, operating income growth guidance was raised from low teens to mid teens. On the call management addressed the two […]
Disney Earnings Preview: Slower Growth But Looking For A Positive Surprise
Disney is expected to report its weakest growth quarter in several years but I do think investors should interpret it as the end of Disney’s multiyear run of superior financial results. Tough comparisons and the challenges of a weakening consumer are driving the slower growth but there is a good chance Disney will beat estimates […]
News Corp Earnings Preview: Expect Good News
I anticipate a strong quarter from News Corporation after the close on Monday and a positive reaction from the market. The stock jumped 3% on Friday as investors began to look ahead to earnings and considered the impact of the Yahoo-Microsoft deal on MySpace. I think plenty of upside remains in the near-term and long-term […]
February 2008 Model Signals
There were no changes to Northlake’s Market Cap and Style models for February. The Market Cap model continues to flash a mid cap signal while the Style model remains in growth mode. As always, thanks to Ned Davis Research who originally developed and continues to maintain these models. The Market Cap model swung to mid […]
News Corporation December Quarter Preview
I anticipate a strong quarter from News Corporation after the close on Monday and a positive reaction from the market. The stock jumped 3% on Friday as investors began to look ahead to earnings and considered the impact of the Yahoo-Microsoft deal on MySpace. I think plenty of upside remains in the near-term and long-term […]
Verizon OK But Growth Slowing Slightly
Verizon (VZ) reported a pretty solid quarter and made constructive — if not detailed — comments about 2008. The market is focusing on some slight misses in key metrics, but I think that has more to do with the suddenly negative sentiment toward the telcos than with the quarter. EPS, adjusted for one-time items, of […]
Missing iPhones Found at Sundance
I’ve been reading up on the phenomenon of the missing iPhones and the only thing I can conclude is they might all have been at Sundance. Honestly, it seemed every line we were standing in had multiple iPhones in use. I know that speaks more to where Apple has mindshare than anything else, but I […]
Sundance Wrap Before Reality Returns
If you love movies and have never been to Sundance I highly recommend it. This was my first visit and I found an incredibly well organized and orchestrated festival. Pulling it off is no easy task. There are seven venues with nine screens in Park City alone plus additional showings in Salt Lake City and […]