Market Currents

• Monday, November 9, 2009

• 09:00 AM Premarket gainers: EWBC +51%. ARIA +14%. RSH +11%. FUQI +10%. SAY +9%. TSFG +7%. NCS +7%. JASO +6%. DISH +6%. CVM +6%. AIB +6%. ANF +6%. RTP +5%. MBI +5%. NG +4%. LVS +4%. SLW +4%. HL +4%. GFI +4%. SWKS +4%. BHP +4%. FAS +4%. TGB 4%. XOMA +4%. Comment!
• 06:34 AM DISH Network (DISH): Q3 EPS of $0.18 misses by $0.26. Revenue of $2.89B (-1.5%) vs. $2.93B. Net customers +241K to 13.85M. (PR) Comment!
• 00:05 AM Notable premarket earnings: DISH, ENER, GTXI, HPT, KWK, NHP, ROK, SRE, TSO, WCRX, WIN, WNR Comment!

• Friday, September 4, 2009

• 13:53 PM Dish Network (DISH +7.4%) and sister company EchoStar (SATS -0.1%) are ordered to pay nearly $200M to TiVo (TIVO +8.4%) for contempt of an order to stop providing an infringing DVR service, though TiVo had sought $974.5M. Comment!

• Wednesday, August 26, 2009

• 17:13 PM TiVo (TIVO) files a suit charging AT&T (T) and Verizon (VZ) with infringing three of its patents and seeking a permanent injunction to force the two companies to shut off their DVRs. The action is similar to one taken against Dish Network (DISH) and its sister company EchoStar (SATS), in what is becoming a protracted legal fight over time-shifting television. Comment!

• Monday, August 10, 2009

• 06:42 AM DISH Network Corp. (DISH): Q2 EPS of $0.14 vs. consensus of $0.67 (may not be comparable). Revenue of $2.9B (-0.4%) in-line. Added ~26K net subscribers in Q2 for a total of 13.61M. (PR) Comment!
• 00:05 AM Notable earnings before Monday's open: ALD, DISH, DYN, HOC, KWK, NXG, PCLN, PWRD, SYY Comment!

• Thursday, July 2, 2009

• 09:14 AM TiVo (TIVO) -15% premarket after an appeals court grants DISH Network's (DISH) request to stay a contempt order pending the outcome of a patent appeal. Comment!
• 08:19 AM An appeals court rules DISH Network (DISH) can continue to allow its customers to use its DVR service while the company challenges a patent ruling won by TiVo (TIVO). Comment!

• Thursday, June 4, 2009

• 14:39 PM After its gargantuan victory over DISH Network (DISH) Tuesday, some wonder what TiVo (TIVO +1.3%) will do for an encore? Comment!
• 07:46 AM Dish Network (DISH) wins a temporary stay of yesterday's court ruling in favor of TiVo (TIVO). The move surprised some analysts who thought another stay was unlikely and that Dish would have to strike a licensing pact with TiVo. Comment!

• Wednesday, June 3, 2009

• 07:44 AM TiVo (TIVO) wins an additional $103M in federal court as part of a major ruling in a long-running legal dispute with EchoStar Communications (DISH). Premarket: TIVO +39.5%, DISH -2.4%. Comment!

• Wednesday, May 13, 2009

• 13:20 PM Nasdaq leaders: APOL +2%. DTV +1%. Laggards: LINTA -11%. STLD -11%. FLEX -10%. WYNN -9%. LAMR -9%. EXPE -8%. LVLT -8%. SHLD -7%. NVDA -7%. UAUA -7%. DISH -7%. LBTYA -6%. LOGI -6%. AMAT -6%. VMED -5%. AMLN -5%. PCAR -5%. GRMN -5%. JOYG -5%. FAST -5%. WFMI -5%. MICC -5%. EBAY -5%. FWLT -5%. Comment!

• Monday, May 11, 2009

• 07:04 AM Dish Network Corp. (DISH): Q1 EPS of $0.70 beats by $0.13. Revenue of $2.9B (+2.5%) in-line. (PR) Comment!
• 00:05 AM Notable earnings before Monday's open: ABK, ALD, AOB, DISH, ENER, FRPT, KG, PCLN, RRI, SLW, SUG, WCRX Comment!

• Sunday, March 15, 2009

• 16:05 PM Even as Sirius XM (SIRI) flirts with bankruptcy and rival DISH Network (DISH) sheds subscribers, Barron's says market-leading satellite-TV provider DirecTV Group (DTV) is flashing a buy signal. Comment!