90 Miles From Tyranny

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Wednesday, October 18, 2017

The 90 Miles Mystery Box: Episode #48


You have come across a mystery box. But what is inside? 
It could be literally anything from the serene to the horrific, 
from the beautiful to the repugnant, 
from the mysterious to the familiar.

If you decide to open it, you could be disappointed, 
you could be inspired, you could be appalled. 

This is not for the faint of heart or the easily offended. 
You have been warned.

Hot Pick Of The Late Night

Tuesday, October 17, 2017

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CBS earnings to disappoint due to weak NFL ratings

Declining NFL television ratings will lower CBS earnings, according to Credit Suisse.

The firm cut its third-quarter EPS estimates by 5 percent, citing CBS' softer Sunday NFL ratings. The media company reports on Nov. 2.

"We expect third-quarter network advertising to decline 3 percent (previously +1 percent), driven by soft ratings for both the summer schedule and for the start of the NFL season," wrote Credit Suisse analyst Omar Sheikh. "With only one of the three content licensing deals we expected for the second half announced in third quarter, we also expect content licensing revenue growth to be skewed to the fourth quarter."

Sheikh maintained his outperform rating and price target on CBS shares, which remains at $75, or 32 percent upside from Friday's close. He cut his third-quarter EPS estimate to $1.08, below Street consensus estimate of $1.12 from FactSet.

The analyst said CBS' Sunday NFL ratings are down 17 percent year over year during the first several weeks of the football season, according to the report. Sheikh released a similar report last week on Twenty-First Century Fox's earnings, which he also expects to disappoint thanks to...

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Donald Trump Quotes:


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