My daily email from All Things Digital had an interesting tidbit on the advertising market. Procter and Gamble is the largest US advertiser and CEO A.G. Lafley was quoted as follows from last week’s earnings call: “We have held our marketing spending, advertising spending and in fact what is really going on is the advertising […]
The Super Bowl, the biggest media and advertising event of the year is over. I don’t have any Monday Media Musings about the big game but there is still plenty going of other things going on in the media world. Televisa and Univision Settle Televisa (TV) and Univision settled their long standing litigation. TV will […]
CETV shares are approaching their November low including a 2-day drop of over 20% last Thursday and Friday. I received a bunch of emails asking for an update. CETV has been closely tracking currency. As the euro and CEE currencies weaken the stock goes down. The December rally (more than a double) coincided with those […]
A good friend and client is a huge Steelers fan. Being a Buffalo Bills fan I don’t know how I can stand the guy as they are probably going to get their 6th championship and neither the Bills nor any other team from Buffalo has ever won anything, just lots of near misses. I can’t […]
Apple is now up about 10% this year and almost 20% from just before it reported its December quarter. I think there a few things at work and that the stock still has “all clear” for another 60 days. That means I think AAPL can be a market leader and outperform the market over that […]
Immediately below are two comments on AT&T’s 4Q08 earnings report. The first one is my immediate reaction writtne prior to the conference call. The second one is my summary of the call. Overall, I would have liked better 2009 guidance but I think the stock offers upside while providing downside protection given the large dividend, […]
AT&T is projected to report EPS of 65 cents on revenues of $31.35 billion. A negative reaction to Verizon’s report and some negatives that cropped up took T shares down hard ahead of the report. This may take out risk as the bar is lowered but it also raises the stakes for the “resilience” theme […]
I went to the Sundance Film Festival for the second year whereI saw eight films over two days. If I had a longer stay I would cut down to three films a day. One of the films was a series of shorts. Of the other seven, my son, a junior at NYU studying music composition […]
I have to admit a sense of great relief following Apple’s December quarter earnings. The numbers were great and guidance for the March quarter was much better than feared. A lot of stocks I like, including Apple, are really struggling and it makes me question my analysis. In this case, I got it right and […]
While you are reading this I’ll be heading to O’Hare to hop a plane to Salt Lake City on my way to Park City and the Sundance Film Festival. The Festival started last weekend with many questions surrounding the market for films given the economy and major cutbacks at the Hollywood studios. As though the […]
