Posts by: Steve Birenberg
Yesterday's SBS Broadcasting buyout deal at 15 times 2005 management guidance for EBITDA has ramifications for valuation on Central European Media Enterprises (CETV). CETV is a faster growing company than…
SBS Broadcasting confirmed recent market rumors and announced this morning that it was accepting an unsolicited 46 Euro ($56) buyout offer from a European private equity firm. Below please find…
SBS Broadcasting (SBTV) shares jumped about 8% on Monday after a website reported that the company had held "informal discussions" with an unnamed suitor. The story said that a spokesman…
Disney (DIS) shares fell 3% on Wednesday in reaction to the company's 3Q05 earnings report. The quarter was decent but I found the 3Q results disappointing as I was expecting…
Lions Gate Entertainment (LGF) shares traded down about 7% on heavy volume after the company reported 1Q06 earnings last Wednesday. EPS and EBITDA (operating cash flow) missed estimates by a…
Central European Media Enterprises (CETV) shares responded positively to its earnings announcement last Thursday as the company reported a solid quarter and maintained a confident and bullish stance on its…
I was out of town and unable to post on the August Model Signals last week. As clients have seen by now, the new signals led to a trade in…
I had to jump in a car to head East on some college visits with my son and didn't get a chance to provide some color on the SBS Broadcasting…
SBS Broadcasting (SBTV) reports after the close tomorrow followed by a Friday morning conference call. I remain long SBTV and expect another strong earnings report. The shares look very attractive…
With Motorola shares breaking through $20 based on a favorable cover story in this weekend's Barron's and in anticipation of the company's analyst meeting which starts this evening, I reduced…
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