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Nov 26- Digital video recorder maker TiVo Inc reported better-than-expected quarterly results, helped by strong growth in cable television subscriptions. Cable subscribers are turning to TiVo in larger numbers as the device also allows them to access online video services such as Netflix Inc, Hulu and Google Inc's YouTube.
Nov 26- TiVo Inc, maker of digital video recorders, reported a 43 percent jump in revenue, helped by strong growth in cable television subscriptions. TiVo's shares rose 3 percent in extended trading. The company's net income fell to $12.5 million, or 10 cents per share in the third quarter, from $59 million, or 44 cents per share, a year earlier.
It’s nearly Thanksgiving, and ahead of the holiday Cramer plans to kick back and watch TiVo???!
“The market refuses to give this $12 stock the respect it deserves,” Cramer insisted.
Check out which companies are making headlines after the bell Wednesday:
While no one was looking, shares of BlackBerry and TiVo have soared. CNBC's Josh Lipton and Jon Fortt explain the movements.
Some of the names on the move ahead of the open.
Stocks finished sharply lower for a second session Tuesday, with the Dow hitting a two-month low, amid escalating worries over potential U.S. military action in Syria.
Check out which companies are making headlines after the bell Tuesday:
Tivo is reporting Q2 loss of ($0.09) ex-items on revenue of $71 million, with CNBC's Julia Boorstin.
U.S. stock index futures signaled a lower open on Tuesday, as shares in Europe extended losses amid fears of a potential U.S.-led military response to suspected chemical attacks in Syria.
Concerns about possible U.S. military intervention in Syria set markets on edge Monday and has now moved up the list of what is worrying traders.
TiVo is drawing bullish option activity ahead of its earnings report tomorrow.
The company known for popularizing DVR capabilities for cable subscribers is looking to revolutionize TV again.
President and CEO Tom Rogers discusses TiVo's new set-top box.
SAC Capital's Steve Cohen owns a large portion of some companies' shares outstanding, and some of these may move on news that his firm faces criminal charges.
The Securities and Exchange Commission filed civil charges against SAC Capital's Steven A. Cohen for failure to prevent insider trading by two employees.
The "Fast Money" traders share their final trades of the day and what they're watching in the week ahead.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
TiVo has settled patent disputes with Cisco, Google's Motorola Mobility and Time Warner Cable, averting a trial that was to begin next week.