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Corus Entertainment Inc T.CJR.B

Alternate Symbol(s):  CJREF

Corus Entertainment Inc. is a Canada-based media and content company that develops and delivers brands and content across platforms for audiences around the world. The Company's segments include Television and Radio. Its portfolio of multimedia offerings encompasses approximately 32 specialty television services, 37 radio stations, 15 conventional television stations, digital and streaming platforms, and social digital agency and media services. Its brands include Global Television, W Network, Flavour Network and Home Network (launching soon), The HISTORY Channel, Showcase, Adult Swim, National Geographic and Global News, along with streaming platforms STACKTV, TELETOON+, the Global TV App and Curiouscast. It is also the domestic advertising representative and an original content partner for Pluto TV, a Paramount Company, which is the free ad-supported streaming television service. It is an international content creator, producer and distributor through Corus Studios and Nelvana.


TSX:CJR.B - Post by User

Bullboard Posts
Post by extremeriskon Oct 15, 2016 2:27pm
312 Views
Post# 25347214

short interest up 500k

short interest up 500kSurprised this stock gets shorted having to pay that 10 percent dividend. Yahoo finance repor:t:s short interest up 500k month over month as of Oct 2. They may have covered already with drop on Thursday. Will hold through earnings. Suspect we head up from here. Usually buy rumour sell the news. Here we droped before the news so already discounted for a weak Shaw quarter due to comparison to last year when had election spending in western Canada. Corus business improving though synergy targets met with 4 rounds of layoffs and focused on cash flow to get debt to ebitda ratio down to 3.5. Listen again to two calls on investor websie for September and CEO revealed quite a bit on these calls.
Bullboard Posts