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Staples, Inc. Message Board

lagunadan92677 75 posts  |  Last Activity: Jul 23, 2014 10:38 AM Member since: Sep 28, 2005
  • lagunadan92677 lagunadan92677 Jun 30, 2014 6:42 AM Flag

    Aereo suspends service after U.S. Supreme Court ruling

    NEW YORK - Online-streaming service Aereo Inc. is temporarily closing down its operation, three days after it was dealt an unfavorable ruling by the U.S. Supreme Court.

    "We have decided to pause our operations temporarily as we consult with the court and map out our next steps," Aereo's Chief Executive Officer Chet Kanojia wrote in a letter to customers posted on its website Saturday.

    "The spectrum that the broadcasters use to transmit over the air programming belongs to the American public and we believe you should have the right to access that live programming whether your antenna sits on the roof of your home, on top of your television or in the cloud."

    The Supreme Court dealt Aereo, backed by Barry Diller, a major setback on Wednesday in ruling that the television-over-the-Internet service operates much like a cable TV company. As a result, the service violates copyright law unless Aereo pays broadcasters licensing fees for offering TV stations to customers' tablets, phones and other gadgets.

    In a 6-to-3 decision, the justices rejected Aereo's argument that it is only a provider of equipment and decided that, for purposes of copyright law, the service should effectively be treated like a cable company.

    The ruling states that, "given Aereo's overwhelming likeness to the cable companies targeted by the 1976 amendments, this sole technological difference between Aereo and traditional cable companies does not make a critical difference here."

    But although the Supreme Court expressed its thinking on the law, it's the U.S. District Court in New York that must issue a preliminary injunction stopping the service, as requested by broadcasters.

    Sentiment: Strong Buy

  • Pressure appears to be building within the Republican Party to reauthorize the Export-Import Bank of the U.S. rather than let it expire Sept. 30, according to the Hill.

    Republican U.S. Reps. John Campbell of California and Stephen Fincher of Tennessee are both working on legislation that would reform the official U.S. export credit agency, which helps finance the export of goods and services to international markets.

    Government auditors say the Ex-Im Bank actually makes money for taxpayers, leveling the playing field for U.S. companies in countries that subsidize their industries.

    But in an op-ed piece for Investor's Business Daily, Lawrence Kudlow noted in arguing against reauthorization that 60 percent of Ex-Im money goes to 10 giant corporations, including the privately held Bechtel Group Inc., the Boeing Co. (NYSE:BA), Caterpillar Inc. (NYSE:CAT) and the General Electric Co. (NYSE:GE). And even the 20 percent funneled to smaller businesses goes to companies with 500 to 1,500 workers.

    Delta Air Lines Inc. (NYSE:DAL) estimates Ex-Im loans to foreign airlines to buy Boeing planes have cost Delta 2,500 domestic jobs.

    The tea party has been highly critical of the agency, calling it the height of crony capitalism, but the U.S. Chamber of Commerce and other business groups are fighting to save the Ex-Im Bank, the Washington Post reported.

    Rep. Jeb Hensarling, R-Texas, who is opposed to reauthorization, said the Ex-Im Bank does nothing to foster free enterprise. “For the sake of our republic, our movement had best unmask the imposters and come down clearly on the side of free enterprise,” he said in a recent speech at the Heritage Foundation.

    The bank's authorization coincidentally expires the same day Congress will need to act on a continuing resolution to keep the government open next fall.

    Sentiment: Strong Buy

  • Reply to

    SBUX INCREASES PRICE OF COFFEE

    by shefoughtit Jun 21, 2014 3:03 PM
    lagunadan92677 lagunadan92677 Jun 25, 2014 4:10 PM Flag

    Luckily, I don't take investing advice from you. SBUX up another .69 to $78.12 today.

    Sentiment: Strong Buy

  • lagunadan92677 lagunadan92677 Jun 25, 2014 2:43 PM Flag

    "It's no different than if I'm at home, and I have an antenna or rabbit ears on my TV, and I know what channels I can get," Frederick said. "Consumers have a right to get over-the-air signals that are free to the public," he added.

    He likened Aereo to the 1980s-era video recorders that allowed consumers to record copies of programs to be viewed at home. In 1984, the high court ruled that recording programs at home for later viewing did not violate copyright laws.

    Justice Department attorney Malcolm Stewart, in a brief appearance, said the government agreed with broadcasters that Aereo was violating copyright laws by transmitting broadcast signals without a license. Among the broadcasters that urged the court to shut down Aereo was Tribune Co., parent company of the Los Angeles Times and Chicago Tribune.

    Aereo charges as little as $8 a month for its service and allows subscribers to store 20 hours of programming or more for later viewing. Besides New York, it is available in Baltimore, Boston, Atlanta, Detroit, Cincinnati, Miami and several cities in Texas.

    Sentiment: Strong Buy

  • lagunadan92677 lagunadan92677 Jun 25, 2014 2:42 PM Flag

    If cable and satellite companies are required to pay licensing fees before transmitting copyrighted TV signals, so is Aereo, he concluded.

    Chief Justice John G. Roberts Jr. and Justices Anthony M. Kennedy, Ruth Bader Ginsburg, Sonia Sotomayor and Elena Kagan agreed.

    The dissenters, led by Justice Antonin Scalia, said they were not convinced that Aereo was violating the Copyright Act as written. It referred to “public” performances, and it is not clear, Scalia said, why sending TV signals to an individual customer would be deemed a public performance.

    In oral arguments earlier this year, two veteran Washington attorneys, Paul Clement and David Frederick, presented the contrasting arguments in the case, ABC vs. Aereo.

    Clement, a former solicitor general who represented ABC and other broadcasters, called Aereo a "gimmick" that allows "thousands of paying strangers to watch live TV online" without paying a licensing fee to the broadcasters for their copyrighted programs.

    But Aereo came up with what some say is an ingenious way around the law. It denies that its service amounts to a "public" airing of programs, but is merely a new way for individual consumers to watch programs they could see for free.

    The service works like this: In New York, for examples, subscribers rent a tiny antenna devoted to their own individual use at a Brooklyn facility. Through it, they capture free over-the-air TV signals in the area. Frederick, representing Aereo, compared this to a set of old-fashioned "rabbit ears" on a TV set.

    Sentiment: Strong Buy

  • The Supreme Court sided with precedent and tradition in the television industry Wednesday over a technological innovation that justices suggested seemed a bit too clever, ruling that TV broadcasters have an exclusive copyright over the programs they transmit.

    The 6-3 decision rejected a bold move by upstart Aereo, which claimed it had the right to capture and send TV signals to its customers over the Internet without paying licensing fees to broadcasters.

    A win by Aereo had the potential to remake the TV and cable industries.

    But Justice Stephen G. Breyer, speaking for the court, cited the history of Copyright Right Act of 1976, which was intended to prevent the then-new cable companies from capturing TV signals by an antenna and sending them to homes without paying broadcasters.

    Under the law, cable companies have had to pay licensing fees to capture and send broadcast signals. That rule seemed set until Aereo came along and claimed it could rent tiny antennas to customers, capture signals over the air and let individuals watch their favorite TV shows for far less than they would have to pay cable companies.

    Breyer and the court’s majority did not see much difference.

    “For all practical purposes,” Aereo was acting like “a traditional cable system,” he said. “The many similarities between Aereo and cable companies, considered in light of Congress’ basic purposes in amending the Copyright Act, convince us that this difference is not critical here,” he said.

    Sentiment: Strong Buy

  • ...of renewing Ex-Im bank, plus most Democrats. She says it's all about jobs. Interviewed on CNBC 11:20AM PDT

    Sentiment: Strong Buy

  • Reply to

    SBUX INCREASES PRICE OF COFFEE

    by shefoughtit Jun 21, 2014 3:03 PM
    lagunadan92677 lagunadan92677 Jun 24, 2014 2:20 PM Flag

    SBUX currently up .95 while the Dow is down 49. Anyone waiting for $73/sh. will have to find another stock. SBUX should be $78-$79 in short order. Maybe we'll test $80 within 2-3 weeks!

    Sentiment: Strong Buy

  • lagunadan92677 lagunadan92677 Jun 23, 2014 8:42 AM Flag

    M&A activity usually increases towards the end of a bull market. Also, a bull market cycle ends with a flurry of M&A activity. With all the talk about consolidation in the content industry (Providers and creators), I have to consider that the possibility of a buyout should increase over the next 6 months or so. Just my opinion.

    Sentiment: Strong Buy

  • "Louise Yamada, a well-known technical analyst, recently predicted on “Futures Now” that the S&P 500 Index will rise toward 2,000, according to CNBC. In addition, she forecast that the Dow Jones Industrial Average, another benchmark group of stocks, is on its way to 17,200.

    When justifying these estimates, Yamada pointed to a “continuation pattern” that exists in the S&P’s movements over the last three months, the media outlet reported. This pattern could mean that the benchmark group of stocks will continue to move higher, to approximately 1,985.

    However, she emphasized that both the Nasdaq Composite Index and the Russell 2000 have been struggling, according to the news source. Yamada emphasized that these indices, which contain the stocks of smaller companies, have been diverging from the performance of the S&P and the Dow, which means that equities of these more modest firms could be facing a weakening situation."

    Also, Jeremy Siegel is predicting Dow 18,000 by year-end. Gordon Scott (Technical analyst from Learning Markets) predicted mid-June a 10% increase in the S&P by year-end.

    Sentiment: Strong Buy

  • As the sequel to their 2012 Steve Harvey book adaptation Think Like A Man hits theaters today, the writing team of Keith Merryman and David A. Newman have been hired to adapt another hit property. They’ll script Lionsgate’s remake of the Spanish-language comedy Instructions Not Included, about a playboy whose life is rocked when an old fling leaves a baby on his doorstep. The original film starred Mexican superstar Eugenio Derbez and became the highest-grossing Spanish-language film to ever be released in the U.S. when it opened via Lionsgate’s Pantelion last year.

    Keith Merryman David NewmanMerryman and Newman co-wrote 2011 Friends With Benefits prior to adapting the first Think Like A Man picture, which took in a $96M box office for Screen Gems. The pair were then tapped to write sequel Think Like A Man Too, which opens today and has already scored $1.8M in late night Thursday showings. The Instructions Not Included remake will be overseen by John Sacchi and Mike Paseornek for Lionsgate. The studio also recently tapped Merryman and Newman to rewrite Summit’s romantic comedy Kicked, Bitten and Scratched based on Amy Sutherland’s books set at an animal facility. The writers are repped by APA, Circle of Confusion and SMGSB.

    Sentiment: Strong Buy

  • Reply to

    SBUX INCREASES PRICE OF COFFEE

    by shefoughtit Jun 21, 2014 3:03 PM
    lagunadan92677 lagunadan92677 Jun 22, 2014 3:29 AM Flag

    Good for stockholders as Wall Street loves companies with pricing power. Any weakness in the stock price due to concerns about coffee prices will disappear. I wouldn't be surprised to see a $2-$3 rise in stock price during the next 1-2 weeks.

    Sentiment: Strong Buy

  • Hellbent on pleasing the underserved--and burgeoning--Hispanic audience, Lionsgate and Pantelion Film have scheduled upcoming flick "Spare Parts" for release on January 16, 2015.

    Starring George Lopez, the film is based on the true story of four Hispanic high school students who start a robotics club and, with no experience and little money, work their way up to challenge the country's reigning robotics champ, MIT.

    Jaime Lee Curtis, Marisa Tomei, Alexa PenaVega and Carlos Pena star alongside Lopez. Sean McNamara, who has helmed many kids TV and film projects, is directing from a script by newcomer Elissa Matsueda.

    Sentiment: Strong Buy

  • Lionsgate Television and Tandem Communications have set crime drama Sex, Lies And Handwriting at ABC. The project, now in development, is intended as straight-to-series, with a fall production start in Vancouver eyed should ABC move to greenlight the pilot script.

    Sex, Lies And Handwriting is the first project to come out of the joint venture Lionsgate Television and Tandem Communications, a Studiocanal company, launched last year to co-finance and distribute hourlong dramas using the straight-to-series model Tandem employed for its first drama series, Crossing Lines, as well as its miniseries including The Pillars Of The Earth and its follow-up World Without End. As expected, the partners tweaked Tandem’s existing approach, in which the Munich-based company financed its series (mostly though international pre-sales) and completed the projects before taking the finished product to the U.S.. With Sex, Lies And Handwriting, an American network, ABC, is brought in much earlier in the process for more simultaneous sales in the U.S. and Europe and Canada. Other network development partners already on board for the potential series include Bell Media (Canada), TF1 Network (France) and ProSiebenSat.1 (Germany). The series would be produced in Canada by Sea To Sky, the Canadian studio joint venture between Lionsgate and Thunderbird Films.

    Sentiment: Strong Buy

  • Reply to

    Type Of Dividend

    by southbuckeye Jun 16, 2014 4:37 PM
    lagunadan92677 lagunadan92677 Jun 16, 2014 4:55 PM Flag

    My broker pays the foreign tax as this is a Canadian dividend.

    Sentiment: Strong Buy

  • Reply to

    Looking for a catalyst

    by silvervtmns Jun 13, 2014 10:13 AM
    lagunadan92677 lagunadan92677 Jun 13, 2014 4:15 PM Flag

    ER & CC in 8 weeks.

    Sentiment: Strong Buy

  • lagunadan92677 lagunadan92677 Jun 11, 2014 3:44 AM Flag

    Thanks for the catch. I had no idea Burns appeared on Fast Money that day. My favorite quote: "...the reboots we think are going to come..." Hmmm... any chance Twilight could be one of them?

    Sentiment: Strong Buy

  • lagunadan92677 lagunadan92677 Jun 10, 2014 5:02 AM Flag

    Yahoo won't let me post the rest of the article. Google Lionsgate or the headline.

    Sentiment: Strong Buy

  • lagunadan92677 lagunadan92677 Jun 10, 2014 4:31 AM Flag

    Beggs' apparent startup, however, is driving toward a goal of $100 million in annual profitability, underpinned by the longevity of its hit shows.
    The key to success, he adds, is taking advantage of a rapidly expanding array of digital platforms that takes Lionsgate well beyond the traditional confines of American network TV.

    "It all happens much sooner. The windows open up sooner. People want content quickly. Carriers that we're selling it to want to hold onto it. That's the new battleground, between stacking and SVOD and who gets what, when and what's the value," Beggs said, describing an unfolding TV landscape.
    Unaligned with a major network, Lionsgate as an outside supplier thrives by converting ongoing rights to TV shows it produces into digital revenue.

    So while Lionsgate has a hit in Nashville, which is headed to a third season on ABC, it's also headed toward syndication and second cycle windows on other TV titles via innovative streaming deals.
    A case in point is the binge-watcher Orange Is the New Black, whose second season has just debuted on Netflix and already has been renewed for a third season by the U.S.-based video streaming giant.
    "They will watch the whole season. And then they will wait for another year. And that will be painful," Beggs said of fans watching each season of Orange Is the New Black in one go, or until sleep overtakes them, as opposed to scheduled, extended viewing.

    And Beggs points to Deadbeat proving a hit with international buyers at the recent Los Angeles Screenings after being picked up for a second season on Hulu on the heels of its first-season launch.

    Sentiment: Strong Buy

  • Kevin Beggs told the Banff Festival how the mini-studio is creating content for the next wave of premiere content distributors in an expanding streaming and subscription pay universe.

    BANFF, ALBERTA – Lionsgate TV Group chairman Kevin Beggs took to the stage at the Banff World Media Festival on Monday for what was expected to be an applause-filled victory lap.

    But the 15-year Lionsgate veteran, who has helped the mini-studio grow to major Hollywood status with TV hits like Mad Men, Weeds, Nurse Jackie, Anger Management and Orange Is the New Black, didn't come to brag.
    Instead his simple keynote message to Banff delegates was Lionsgate TV is just catching fire.
    "We view ourselves as just starting," Beggs told the Banff Springs Hotel audience as he answered questions from the iconic former CBS newsman Dan Rather.

    To be sure, increasing demand for Lionsgate TV shows has put the mini-studio's TV group in an enviable position.
    But Beggs told The Hollywood Reporter after his keynote address that he goes to work every day assuming he leads a startup.
    "And you have to act on these opportunities as if, should they not work, you will be out of business," he added. (contd.)

    Sentiment: Strong Buy

SPLS
11.44-0.15(-1.29%)Aug 1 4:00 PMEDT

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