Think patent wars are only being fought - and won - by consumer technologies like Vringo, Inc. (NASDAQ:VRNG) and Apple Inc. (NASDAQ:AAPL)? Think again. While the Vringo patent war with Google Inc. (NASDAQ:GOOG) and the Apple infringement case against Samsung may have been the world's highest-profile patent litigation conflicts (and most covered by the media), patent infringement claims and subsequent court cases have become just as common within the biotech world. Just ask Idenix Pharmaceuticals Inc. (NASDAQ:IDIX) and Gilead Sciences, Inc. (NASDAQ:GILD)... two biotech names that are currently duking it out over patents that look nearly identical. Indeed, a coin toss may be just as fair of a way to decide who's right and who's wrong between Idenix and Gilead.
The point is, there's no such thing as overkill when it comes to patent protection anymore. More patents, and more specific patents, are necessary, even if it feels gratuitous. That's why TNI Biotech Inc. (OTCMKTS:TNIB) shareholders can take a little more comfort with their position today (even if they didn't know they had anything to worry about). Per Wednesday's news release, TNI Biotech now has patent protection not only on the mechanism that makes methionine met-enkephalin (or MENK) an effective immunotherapy by activating lymphocytes to attack cancer cells and other infectious diseases like HIV, but as of yesterday, also has patent protection on an method that produces a sustained immune response from its MENK therapy.
Hot Industrial Disributor Companies For 2015: Time Warner Inc.(TWX)
Time Warner Inc. operates as a media and entertainment company in the United States and internationally. It operates in three segments: Networks, Filmed Entertainment, and Publishing. The Networks segment provides domestic and international networks, premium pay and basic tier television programming services, and digital media properties, which primarily consist of brand-aligned Websites. Its premium pay television services consist of the multi-channel HBO and Cinemax premium pay television services. This segment provides programming to cable system operators, satellite service distributors, telephone companies, and other distributors; sells advertising; and licenses original programming to domestic and international television networks. The Filmed Entertainment segment produces and distributes feature films, television and other programming, and videogames; distributes home video products; and licenses rights to its feature films, television programming, and characters. T he Publishing segment publishes magazines and books; and operates various Websites, as well as engages in marketing services and direct-marketing businesses. This segment publishes magazines on style and entertainment, lifestyle, news, and sports. The company?s brands include TNT, TBS, CNN, HBO, Cinemax, Warner Bros., New Line Cinema, People, Sports Illustrated, and Time. Time Warner Inc. was founded in 1985 and is headquartered in New York, New York.
Advisors' Opinion:- [By Tim Beyers]
Deadline says the network -- which is co-owned by CBS and DC Comics parent Time Warner (NYSE: TWX ) -- has cast Rick Cosnett and Danielle Panabaker to play opposite Gustin and Jesse L. Martin. The wrinkle? Cosnett is apparently set to play Detective Eddie Thawne while Panabaker is to portray bioengineer Caitlin Snow. Both names should be familiar to comics fans, Fool contributor Tim Beyers says in the following video. Thawne, for example, appears to be a reference to Eobard Thawne, otherwise known as Professor Zoom or the Reverse-Flash. (Depicted above.)
- [By John Divine]
Lastly, Netflix (NASDAQ: NFLX ) saw its shares slip yet again today, as its 1% loss brings its five-day stumble to more than 10%. With news last week that Time Warner's (NYSE: TWX ) Warner Archive Instant will allow streaming of classic Warner Bros. content for $10 a month, Netflix investors have gotten squeamish. Not only is this stiff new competition for Netflix, but it also raises questions about whether Netflix will be charged more for the Warner Bros. content it shows on its site.�
Top Media Companies To Watch In Right Now: Liberty Global Inc.(LBTYA)
Liberty Global, Inc. provides video, broadband Internet, and telephony services primarily in Europe and Chile. The company offers broadband services over cable distribution systems, including video, broadband Internet, and telephony; and video services through direct-to-home satellite, or through multichannel multipoint distribution systems. Its analog video services comprise basic and expanded basic programming; and digital cable services include basic and premium programming, digital video recorders, and high definition programming, as well as pay-per-view programming, such as video-on-demand and near video-on-demand. In addition, the company offers voice-over-Internet-protocol and circuit-switched telephony services, as well as mobile telephony services using third-party networks. Further, it owns programming networks that provide video programming channels to multi-channel distribution systems owned by the company and the third parties. As of December 31, 2011, the com pany owned and operated networks that passed 33,262,100 homes; and served 18,405,500 video subscribers, 8,159,300 broadband Internet subscribers, and 6,225,300 telephony subscribers. Liberty Global, Inc. was founded in 2004 and is based in Englewood, Colorado.
Advisors' Opinion:- [By Vera Yuan]
Dear Fellow Shareholder: The U.S. economy continues to gradually expand, building on the 5+ year recovery from the Great Recession. Employment levels are improving, though progress has been slower than expected. Inflation, for now, remains subdued. As signaled and on cue, the Fed has been weaning the economy (and investors) off of the extraordinary ��uantitative easing��stimulus. Investors have generally shrugged off world events that might otherwise cause high anxiety (ISIS and the Middle East, Russia and Ukraine, etc.). As attention now turns to when the Fed will raise short-term interest rates, it seems plausible that volatility may intensify as the stimulus security blanket is removed. In the meantime, companies are taking advantage of the artificially low interest rate environment and sanguine investor sentiment. Merger activity remains robust, fueled by cheap and readily available credit. The IPO market has been very active, headlined by the successful Alibaba offering in September. Corporate treasurers continue to issue loads of debt on attractive terms, locking in generationally low interest rates for long terms. While these conditions will not last forever, they have helped opportunistic managers accelerate equity value growth at many companies.Investment Commentary and Outlook After three years of seemingly non-stop gains, the stock market took a pause in the third quarter. While most large cap indices eked out modest positive returns, the broader investing waters were far less placid. Small cap stocks sold off as the Russell 2000 declined more than 7% during the quarter. Energy stocks, both large and small, fell materially as investors worried about too much oil and gas supply coming online in North America (what a difference a decade makes). High yield bonds wobbled briefly in July, then again in September. Increasingly, investors are not treating all securities the same, and as stock pickers we welcome this development. Our equity funds��resu
- [By Lauren Pollock]
Liberty Global(LBTYA) PLC has agreed to sell substantially all of its international content division Chellomedia to AMC Networks Inc.(AMCX) in a deal worth $1 billion, allowing the cable company to focus on its core markets.
- [By Tim Brugger]
Upon Liberty Global's (NASDAQ: LBTYA ) successfully closing its acquisition of Virgin Media (NASDAQ: VMED ) , Tom Mockridge will assume CEO responsibilities of the U.K. communications firm, Liberty Global announced today.
- [By Monica Gerson]
Breaking news
Loews (NYSE: L) reported a 59% rise in its third-quarter earnings. Loews posted a quarterly profit of $282 million, or $0.73 per share, versus a year-ago profit of $177 million, or $0.45 per share. To read the full news, click here. BankUnited (NYSE: BKU) announced today the commencement of an underwritten offering of 9,000,000 shares of its common stock by certain of its existing stockholders, subject to market and other conditions. To read the full news, click here. Liberty Global (NASDAQ: LBTYA) announced today an agreement to sell substantially all of its international content division Chellomedia to AMC Networks (NASDAQ: AMCX).To read the full news, click here. Myriad Genetics (NASDAQ: MYGN) today announced that validation data for the Myriad myPlan Lung Cancer test showed that it significantly predicted patients' risk of death from early-stage lung adenocarcinoma within five years of being diagnosed. To read the full news, click here.Posted-In: Bank of America US Stock FuturesNews Eurozone Futures Global Pre-Market Outlook Markets
Top Media Companies To Watch In Right Now: Cablevision Systems Corporation (CVC)
Cablevision Systems Corporation provides telecommunications and media services. It operates in two segments, Telecommunications Services and Other. The Telecommunications Services segment is involved in television business, including video, high-speed data, and VoIP operations, as well as the provision of commercial data and voice services. The Other segment offers Newsday, a daily newspaper; amNewYork, a free daily newspaper; and Star Community Publishing, a group of weekly shopper publications; and newsday.com and exploreLI.com. This segment also engages in motion picture theatre business, Clearview Cinemas; provision of the News 12 Networks, a regional news programming services; and the MSG Varsity network, a network covering high school sports and activities, and other local programs, as well as cable television advertising. Cablevision Systems Corporation was founded in 1985 and is headquartered in Bethpage, New York.
Advisors' Opinion:- [By M. Joy Hayes]
With no alternative candidates, there's no guarantee that directors will leave even if they fail to receive majority support. Consider the case of Cablevision (NYSE: CVC ) . In 2010 and 2012, directors Thomas V. Reifenheiser, John R. Ryan, and Vincent S. Tese remained on the board even though they all failed to receive majority support in the company's 2010 and 2012 elections. Worse, Cablevision renominated the shunned directors yet again in 2013.
- [By Will Ashworth]
If other cable companies — like Charter Communications (CHTR), Cablevision (CVC) and Cox Communications — decide to merge in order to keep pace with Comcast, content providers could be under the gun once more.
- [By Sean Williams]
Leading the charge is cable operator Cablevision (NYSE: CVC ) again found itself in the spotlight, up 9.6%, following the completion of its sale of Optimum West to Charter Communications (NASDAQ: CHTR ) for $1.625 billion. While shareholders are likely to be pleased seeing this deal completed, shares are really ramping up in expectation that Charter may make a bid for Cablevision. Rumors have been circulating for a week based on a report from Bloomberg News that Charter may look to make a bid for Time Warner Cable�or Cablevision. My stance remains not to chase rumors higher, so I'd suggest watching Cablevision from the sidelines.
- [By Tom Reese]
Regional cable TV and Internet provider Cablevision Systems Corporation (CVC) on Friday announced better-than-expected third quarter earnings results, reversing a year-ago loss.
Cablevision’s Q3 Earnings in Brief
- Net income totaled $294.6 million, or $1.10 per share, reversing last year’s loss of $3.79 million, or -1 penny per share.
- Revenue rose 1.8% from last year to $1.57 billion.
- Analysts expected much lower earnings of just 11 cents per share, on matching revenue.Latest Dividend Reiterated; Yield Surpasses Peers
In its earnings release, Cablevision announced it would continue its dividend payout of 15 cents per share. The latest dividend will be paid on Dec. 13 with an ex-dividend date of Nov. 20. The company has not raised its dividend payout since May of 2011.Despite the lack of dividend raise, CVC’s dividend yield of 3.84% compares favorably with other stocks in its industry. Time Warner Cable (TWC) offers a yield of 2.2%, while Comcast Corporation (CMCSA) yields just 1.65%. The average dividend yield for S&P 500 companies is around 2.5%, so Cablevision’s yield is well above both its industry average as well as the wider market average. Still, its lofty yield has come more as a result of poor price performance, rather than dividend increases.
Shares Rise, but Still Tail Indexes
Cablevision shares rose more than 2% in early trading on Friday, but the company’s stock performance has lagged the wider markets for quite some time. Year-to-date, CVC has gained about 6%, compared with a 24% gain in the benchmark S&P 500 index. The stock was trading around the $38 level as recently as early 2011, so its dividend yield has risen significantly as its stock price plunged to around $16.
Top Media Companies To Watch In Right Now: Gannett Co. Inc. (GCI)
Gannett Co., Inc. operates as a media and marketing solutions company in the United States and internationally. Its Publishing segment publishes 83 U.S. daily newspapers with affiliated online sites, including USA TODAY, a national, general-interest daily newspaper; USATODAY.com; USA WEEKEND, a magazine supplement for newspapers; Clipper Magazine, a direct mail advertising magazine; bi-weekly Nursing Spectrum and NurseWeek periodicals; and military and defense newspapers. This segment also includes 17 paid-for daily newspapers; approximately 200 weekly newspapers, magazines, and trade publications; and approximately 600 non-daily publications, as well as involves in commercial printing, newswire, marketing, and data services operations. The company?s Digital segment owns and operates CareerBuilder, an employment Web site, which offers online recruitment and career advancement services for employers, employees, recruiters, and job seekers; ShopLocal, which provides multicha nnel shopping and advertising services; Planet Discover, which offers hosted search and advertising services; PointRoll, which provides digital marketing services and technology; and Schedule Star, which offers scheduling solution for high school athletic departments. Its Broadcasting segment operates 23 television stations and affiliated Web sites, which produce local programming, such as news, sports, and entertainment programming. This segment also includes Captivate Network, a national news and entertainment network that delivers programming and full-motion video advertising on video screens located in elevators of office towers and select hotel lobbies in North America. The company has strategic business relationships with online affiliates, including Classified Ventures, ShopLocal.com, Topix, and Metromix LLC, as well as strategic marketing agreement with Microsoft. Gannett Co., Inc. was founded in 1906 and is headquartered in McLean, Virginia.
Advisors' Opinion:- [By Dan Caplinger]
Gannett (NYSE: GCI ) will release its quarterly report next Monday, and investors are unusually enthusiastic about the company's prospects. Although a big acquisition raised awareness of Gannett's businesses outside the struggling newspaper industry, it's still unclear how much of a boost it will produce for Gannett earnings growth in the future.
- [By Ben Levisohn]
Gannett (GCI) rose 3.6% to $26.67 after Belo (BLC) shareholders approved a merger of the two companies. Belo’s stock fell 0.6% to $13.72.
Carnival (CCL) fell 5.3% to $32.70 today, a day after falling nearly 8% on disappointing earnings. Barron’s says it’s time to buy.
Top Media Companies To Watch In Right Now: DIRECTV(DTV)
DIRECTV provides digital television entertainment in the United States and Latin America. The company provides direct-to-home (DTH) digital television services, as well as multi-channel video programming distribution services in the United States. It offers various channels of digital-quality video entertainment and CD-quality audio programming directly to subscribers' homes or businesses, as well as video-on-demand services; and approximately 160 national high-definition television channels and 4 3D channels. The company also provides premium professional and collegiate sports programming, such as the NFL SUNDAY TICKET package, which allows subscribers to view the NFL games. In addition, it offers DTH digital television services in Latin America and the Caribbean, including Puerto Rico. The company provides its local and international programming under the DIRECTV and SKY brand names. As of December 31, 2010, it served approximately 19.2 million subscribers in the United States; and 8.9 million subscribers in Latin America. The company was founded in 1990 and is based in El Segundo, California.
Advisors' Opinion:- [By Jamal Carnette]
The product has also changed. What was initially a wireline operation has become mostly a wireless business. The company has ventured into other business lines -- with the DIRECTV� (NASDAQ: DTV ) �acquisition,�AT&T is looking to become a larger presence in pay TV.
- [By Jake L'Ecuyer]
Top Headline
On Sunday, AT&T (NYSE: T) announced its plans to buy DirecTV (NASDAQ: DTV) for $48.5 billion, or $95 per share in a combination of stock and cash. The offer price of $95 per DirecTV share represents a 10 percent premium to closing price of $86.18 on Friday. The deal has a total value of $67.1 billion, including DirecTV's net debt. - [By Jack Kramer and Nick Martell]
2. DirecTV spikes after AT&T acquisition rumors
According to company insiders that leaked rumors to The Wall Street Journal,�communications giant�AT&T (NYSE: T ) �is adding�DirecTV (NASDAQ: DTV ) �to its family plan. The deal could be announced in as soon as two weeks.
Like any wise subject of rumors, both companies declined to comment publicly. But if you're trying to trade stocks�based on official announcements�only, then you're going to get burned. Savvy traders make moves on rumors like these to snatch the stock at a cheaper price before the rest hear about the big news. DTV is trading up over 5% since the article hit the wire.
AT&T needs video to keep profiting off what�people are demanding, and DirecTV needs better broadband Internet infrastructure. So it's a perfect match. The big question is what combination of debt and new stock�AT&T needs to issue to raise the necessary cash. Reports say that the deal could value DirecTV at $50 billion, so DTV's stock price is rising in anticipation of the big buyout for shareholders. - [By Jason Moser and Eric Bleeker, CFA]
Time Warner (NYSE: TWX ) , AT&T (NYSE: T ) , and DIRECTV (NASDAQ: DTV ) are all bidding on Hulu. Sure, the streaming star has a nice content assortment, but what these bidders are really paying for is branding. Hulu's market share of about 10% may not seem that impressive, but it has great recognition and app placement within major platforms such as Roku and the Xbox. In the following video, Eric and Jason break down the streaming star's appeal.
Top Media Companies To Watch In Right Now: DISH Network Corporation(DISH)
DISH Network Corporation, through its subsidiaries, provides direct broadcast satellite (DBS) subscription television services in the United States. It offers programming that includes approximately 280 basic video channels, 60 Sirius satellite radio music channels, 30 premium movie channels, 35 regional and specialty sports channels, 2,800 local channels, 250 Latino and international channels, and 55 channels of pay-per-view content. The company also offers local HD channels in approximately 160 markets and 215 national HD channels; and receiver systems, including a small satellite dish, digital set-top receivers, and remote controls. In addition, it provides DISHOnline.com, which enables DISH Network subscribers to watch 150,000 movies, television shows, clips, and trailers; DISH Remote Access that enables subscribers to remotely manage their DVRs using compatible mobile devices, such as smartphones, tablets, and laptops through their broadband-connected receiver; and Go ogle TV that enables DISH Network subscribers to search the Internet, check email, interact with social media, and find additional online programming content while simultaneously watching television. As of March 31, 2011, the company had approximately 14.191 million customers. DISH Network provides receiver systems and programming through direct sales channels; and independent third parties, such as small satellite retailers, direct marketing groups, local and regional consumer electronics stores, nationwide retailers, and telecommunications companies. The company was founded in 1980 and is headquartered in Englewood, Colorado.
Advisors' Opinion:- [By Evan Niu, CFA]
Of course, Sprint Nextel (NYSE: S ) still owns the bulk of Clearwire. The proposed $20.1 billion deal with Japan's Softbank for a 70% stake is still on the table. DISH Network (NASDAQ: DISH ) made an unsolicited $25.5 billion offer for Sprint just today, while DISH has been slowing building up its own spectrum holdings in preparation for entering the wireless sector. DISH outlined numerous ways that it believes its offer is superior to Softbank's.
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