Interest Payments Weigh on DirecTV Earnings
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The satellite TV operator said higher interest payments on its debt sent fourth-quarter earnings down 2 percent, to $348 million.
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Best Buy Co Inc.  may have  ridden the flat-panel TV wave to higher profits, but the  retailer's disappointing quarterly results have sparked worries  that the wave may have crested sooner than expected.
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TiVo&#39;s Q2 earnings reflect the high cost of attracting new subscribers to its customer base. The company lost $10.8 million, or 13 cents a share, on revenue of $27.
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MELBOURNE (Dow Jones)--Australa&#39;s Seven Network Ltd. (SEV.AU) said Friday that earnings before interest and tax for the six months ending Dec. 31 will be down around 20% from A$112.
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By Sanford Nowlin, San Antonio Express-News  Dec. 8--Even though consumers have more choices than ever for video  programming, cable and satellite TV, fees are expected to go up again in 2007.
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By ED SEALOVER THE GAZETTE  DENVER - The scintillating sight of state representatives debating the School Finance Act could soon be yours, for the mere cost of a subscription to Comcast's digital cable service.
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Investor's Business Daily - Even before Tuesday's 0.75% slash in the federal funds rate by the Federal Reserve, mortgage rates had been sliding. Last week's cut pulled down home loan rates more.
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News Corporation (NCP) and The DIRECTV Group, Inc. today announced a number of transactions within the Latin America media market that will see DIRECTV Group paying $579 million in cash for the equity stakes in other News Corp controlled companies.
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Americans love their TVs, but do they really want to interact with them? DirecTV is betting that football fans do. The satellite broadcaster is gearing up to launch a premium-priced interactive TV package with its Sunday Ticket subscription service next season that will allow fans to check scores, statistics, and fantasy team developments right on screen with their remote rather ...
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Satellite television provider DirecTV Group Inc. said Tuesday that charges for the revaluation of certain satellites led to a sharply widened third-quarter loss.
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A few thoughts on the earnings warning.
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Investor's Business Daily - Short-term U.S. corporate debt holdings fell in the week ended Wed., the Fed said, the 6th straight decline. Commercial paper has fallen $354.5 bil since early Aug., or almost 16%. Commercial paper interest rates have fallen quite a bit, helped by the Fed rate cut. The latest debt drop may reflect companies unwilling to issue debt rather than a lack of buyers.
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TiVo is still struggling to add customers, and miscalculations over the popularity of its HDTV products also hurt the company's bottom line for the quarter ending in July.
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What's the cause of the fall in Comcast's share price during the past month?
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DirecTV Group Inc., the largest U.S. satellite-television operator, said the Securities and Exchange Commission has asked how the company accounted for some transactions.
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Investor's Business Daily - The monthly federal deficit hit $120 bil in Feb., but was down 26% for the first 5 months of fiscal 2007, the Treasury Dept. said. Receipts totaled $120.3 bil in Feb., while spending was $240.3 bil.
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When Walt Disney Co. reports quarterly results on Thursday, analysts expect slower earnings growth offset by signs of an unexpectedly strong turnaround at the company's loss-making ABC network.