This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Tech Winners & Losers: Advanced Micro Devices

Shares of Cablevision (CVC - Get Report) plummeted 10.6% to $15.13 after the company missed analysts' expectations for third-quarter earnings.

Cablevision posted a profit of $27.1 million, or 9 cents a share, compared with a year-ago loss of $79.3 million, or 27 cents a share. That fell short of Wall Street estimates for a profit of 14 cents a share, according to Thomson Reuters.

Company Chief Executive Jim Dolan also told analysts on a conference call that Cablevision is no longer seeking strategic alternatives as a result of deteriorating conditions for accessing capital as well as a slumping economy.

Shares of DirectTV (DTV) also fell on Thursday, down 6.3% to $19.49. The company beat Wall Street estimates for third-quarter revenue but missed profit estimates by 2 cents.

The company reported gross subscriber additions of 315,000, up from 289,000 a year ago. But net additions were down to 79,000, from 161,000 a year ago.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AMD $2.30 0.00%
ATVI $23.94 0.00%
AMZN $445.10 0.00%
CVC $20.15 0.00%
EXPE $98.90 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs