Viacom: Better But Still Too Early

Viacom (VIA) reported slightly better than expected that 3Q05 earnings although almost all the excess was earned in the volatile and difficult to predict Entertainment division. Earnings came in at 47 cents against estimates of 45 cents. The company incurred $58 million in one-time expenses related to the split, hurricanes, and an impairment charge. Applying […]

Charter: A Very Expensive Option

Charter Commications (CHTR) reported mixed results for 3Q05 with EBITDA falling short of expectations while subscriber metrics showed better than expected growth in new services. The company also announce settlement of a dispute over some shares held by Paul Allen in a subsidiary. To be completely honest, I was unable to decpiher the press release […]

Central European Media Enterprises: Takes Control of License in Slovakia

Central European Media Enterprises (CETV) broke a long string of losing days yesterday, rising 4%, or $1.77, to $46.49. The company reports earnings before the open on Wednesday but the trigger for Monday’s advance was more likely the announcement that the company has increased its stake in its Slovakian operation and gained control of the […]