Morning Research on Virgin Media, Dish Network, Liberty Global, Viacom, and Discovery Communications
LONDON, March 26, 2013 /PRNewswire/ --
Cable operators have been facing significant challenges over the last few years. The industry has continued to see a loss of subscribers over the last few years. Meanwhile, cable operators are also facing increasing competition. However, cable operators such as Virgin Media Inc. (NASDAQ: VMED), DISH Network Corp. (NASDAQ: DISH), Liberty Global Inc. (NASDAQ: LBTYA), Viacom Inc. (NASDAQ: VIAB), and Discovery Communications Inc. (NASDAQ: DISCA) will be hoping that an improvement in the macroeconomic environment should slow down the pace of subscriber loss. CATV systems stocks ended on a mixed note on Monday even as the broad market struggled. StockCall has posted free technical research reports on VMED, DISH, LBTYA, VIAB, and DISCA and these can be accessed by signing up at
http://www.stockcall.com/analysis
Shares of Virgin Media Inc. edged lower in Monday's trading session, tracking losses in the broad market. The stock ended the day 0.84% lower at $47.19 on volume of 6.14 million after falling to an intra-day low of $46.87. The company's shares are currently trading close to their 52-week high of $47.85. The stock currently faces stiff resistance at $48. Its shares have had an excellent run so far in 2013, gaining more than 28.50%. Download the free report on VMED upon registration at
http://www.StockCall.com/VMED032613.pdf
Shares of DISH Network Corp. rose on Monday, extending their gains from previous trading sessions. The stock ended the day 0.48% higher at $37.97 on above average volume of 5.93 million, taking their gains in the last three sessions to over 4%. Despite the recent gains, DISH's shares have gained just a little over 4.30% for the year, underperforming the broad. The stock is currently trading close to its 52-week high of $38.14. DISH technical report can be accessed for free by signing up at
http://www.StockCall.com/DISH032613.pdf
Shares of Liberty Global Inc. fell sharply on Monday, reversing some of its gains for the year. The stock closed 1.54% lower at $69.52 on volume of 2.14 million. Despite yesterday's pullback, Liberty Global's shares are still up more than 10.40% for the year, compared to a gain of 8.80% for the S&P 500. The company's shares are currently trading more than 3.20% below their 52-week high of $71.83. The free report on LBTYA can be downloaded by signing up now at
http://www.StockCall.com/LBTYA032613.pdf
Shares of Viacom Inc. also struggled in trading yesterday. The stock finished the day 1.02% lower at $61.31 on volume of 2.39 million. Viacom Inc.'s shares have seen a sharp pullback after the stock recently hit its 52-week high of $64.71. However, the company's shares are still up more than 16.75% for the year, outperforming the broad market. The stock's MACD has just crossed below the signal line, though, which suggests that market sentiment has turned bearish. Free report on VIAB can be accessed by registering at
http://www.StockCall.com/VIAB032613.pdf
Shares of Discovery Communications Inc. ended marginally lower on Monday. The stock closed 0.08% lower at $79.07 on volume of 1.49 million. The company's shares have had an excellent run so far in the year, gaining more than 24.50%. The stock is currently trading close to its 52-week high of $79.42. The stock's MACD chart, however, suggests that market sentiment may have turned bearish. Register with StockCall and download the research on DISCA for free at
http://www.StockCall.com/DISCA032613.pdf
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