Liberty Media Initiated As Neutral
We initiate coverage on Liberty Media Corp. (LMCA) with a Neutral recommendation. The company’s third quarter of 2011 financial results significantly outperformed the Zacks Consensus Estimates. In November 2011, in a major strategic move, Liberty Media abandoned its plan to buy a controlling stake in Barnes & Noble, but instead intended to invest in the [...]
We initiate coverage on Liberty Media Corp. (LMCA) with a Neutral recommendation. The company’s third quarter of 2011 financial results significantly outperformed the Zacks Consensus Estimates. In November 2011, in a major strategic move, Liberty Media abandoned its plan to buy a controlling stake in Barnes & Noble, but instead intended to invest in the company.
We believe this new deal will boost Liberty Media in four ways: (1) the new deal will save a huge amount of cash … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards