S&P revised Viacom’s outlook to negative following chmn/CEO Sumner Redstone’s remarks Tues that a lower debt rating might help the company pursue growth and boost shareholder returns. – CSFB initiated coverage for Comcast with an "outperform" rating. – The broker cut EchoStar to "neutral" from "outperform," and trimmed its price target to $33 from $36. CSFB expects increased competition from DirecTV. During a presentation Mon, Chase Carey identified rural areas and Hispanic communities-traditionally EchoStar strongholds-as 2 markets in which it will step up efforts.

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Monday–March 20

Cable Wants FCC to Resist Broadening Broadband Labels

As the FCC draws closer to releasing its broadband consumer label requirement for ISPs, NCTA is urging the agency to dismiss attempts to add more info to the labels.

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