DirecTV Group Inc

Ralph Roberts knew he was onto something big when people ran after his cable TV trucks in Tupelo, Miss., asking for a visit to their homes. It was 1963. Roberts had been looking for new ventures after selling his belt-and-suspenders company.

It just looked to me like a wonderful business. Without doing too much, you just put up an antenna, ran some cables and people paid you $5 a month ... to bring in TV stations   -Ralph Roberts

 

Baltimore Ravens 11th most-valuable NFL franchise Bulk TV & Internet Malone decries Comcast-GE NBC deal in AP report Seattle-based Liberty Sports Group has been renamed DirecTV Sports Networks . Colorado-based Liberty Media spun off its stake in Liberty Sports Group earlier this month to create a new DirecTV company that includes regional sports TV networks from Liberty Media. The Seattle sports division includes FSN Northwest, FSN Pittsburgh and FSN Rocky Mountain, which includes a sub-region, FSN Utah .  

The markets ended the week flat with worries of a looming correction. The Dow Jones Industrial Average fell 14.28, or 0.14%, to 10,318.16, while the S&P 500 dropped 3.52, or 0.32%, to 1,091.38. The Nasdaq tumbled 10.78, or 0.50%, to 2,146.04. Joe Terranova said on CNBC 's "Fast Money" TV show there was a lot of fear in the markets that was unjustified. He said investors should not be making any major changes in their portfolios while the S&P consolidates in a range between 1,070 and 1,110.

3 Stocks I Saw on TV.   -Steve Grasso

 

NEW YORK (AP) — Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Liberty Media LLC on Friday. The changes come shortly after shareholders approved the formation of a new company out of DirecTV Group Inc. and some of Liberty's entertainment businesses. Moody's lowered Liberty's corporate family rating to "B1" from "Ba2" and its probability of default rating to "Ba3" from "Ba2." It also lowered its senior unsecured bonds to "B1 from "Ba2." Th  

Longleaf Funds, managed by Mason Hawkins and his team, have had a good recovery from the losses in 2008, but "portfolios remain attractively priced at P/Vs near or below their long-term averages." Mason Hawkins wrote. This is the Q3 portfolio update for their funds.  

Following the S&P 500's gain of more than 60 percent from its 12-year closing low of March 9, investors have become more sensitive to signs of weakness as they seek to justify lofty share valuations. For the week, the S&P 500 fell 0.2 percent, the Nasdaq shed 1 percent and the Dow rose 0.5 percent. The Dow's losses were curbed by a rotation into defensive stocks, companies considered better able to withstand an uncertain economy, such as Coca-Cola and Merck.  

A majority of respondents to the latest Business Pulse survey say that they will be spending less for the holidays in 2009 versus what was spent in 2008. The results of the question "How much will you spend on the holidays this year?" broke down as follows: The only comment left by respondents was: "WE GETTING THAT 'CHRISTMAS STIMULUS' SANTABAMA? AND IS MR. CHRISTMAS BALLET, RUDOLF 'EMAN- NOEL' HEADING UP YOUR SLEIGH THIS YEAR??? VOTE THEM OUT IN 2010 & 2012... A LAST MERRY CHRISTMAS IN DC FOR SOME  

Seattle-based Liberty Sports Group has been renamed DirecTV Sports Networks. Colorado-based Liberty Media spun off its stake in Liberty Sports Group earlier this month to create a new DirecTV company that includes regional sports TV networks from Liberty Media. The Seattle sports division includes FSN Northwest, FSN Pittsburgh and FSN Rocky Mountain, which includes a sub-region, FSN Utah. The three networks provide programming across 17 states and own deals with 25 sports teams and conferences.