These subscriptions are expected to increase to 2.98 million by the end of the fourth quarter. Revenue from the broadband segment is expected to increase to $1 billion by the end of 2013.
Virgin Media Inc. (NASDAQ:VMED) signed a contract with Sky’s broadband, BskyB, to share its cable network for broadband service. To connect Sky’s separate nationwide broadband network, Virgin Media Inc. (NASDAQ:VMED)’s cable system having high-capacity service will be B/E Aerospace Inc (NASDAQ:BEAV) used. This will help Sky to meet its customer demand for high-speed up to 10 Gbps. This is a five year deal worth $65.36 million. The total revenue of Virgin Media Inc. (NASDAQ:VMED) is expected to increase from $13.87 billion in 2012 to $22.4 billion this year.
First diamond store in Russia
In April 2013, silver price decreased to $26.80 per ounce. To take the advantage of the falling prices, Tiffany & Co. (NYSE:TIF) has introduced new range of silver jewelry. It will be priced at $500 or below. Tiffany & Co. (NYSE:TIF) has come up with the idea of the ‘$500 and below’ range of jewelry to attract young, middle, and upper middle class customers. This is the best range for customers who hesitate to spend a large amount on jewelry. It is expected that 25% revenue will be generated from silver jewelry. Total revenue is expected to increase from $855 million reported in the first quarter of 2013 to $904.4 million by the end of 2013.
Tiffany & Co. (NYSE:TIF) announced a new launch of its first diamond store in Moscow recently. It will open in the first quarter of 2014. Tiffany & Co. (NYSE:TIF) will sell its diamond rings, pink and yellow jewelry, and designer jewelry. The store is located in Moscow’s luxurious shopping wonderland, Red Square. There are ample growth opportunities for Tiffany & Co. (NYSE:TIF) to generate revenue from Moscow, as the online sales of diamond jewelry are higher in Moscow. With the launch of this store, total revenue expected for the year 2014 is $1.3 billion.
Conclusion
Tiffany, with its new store in Moscow, will attract many high-class customers, and new silver jewelry range. This will help the company generate higher revenue.
B/E Aerospace will benefit from the deal with The Boeing Company (NYSE:BA) for providing a modular lavatory system. The high demand for B/E Aerospace’s business seats and interiors, specially designed for aircrafts, will enhance B/E Aerospace’s revenue.
Liberty Global PLC (NASDAQ:LBTYA) made the right move by acquiring Virgin Media. Virgin Media’s super-fast broadband will fetch more subscribers by end of 2013 and the new deal signed with Sky will help generate revenue for the next five years.
I recommend a buy for all three stocks.
Madhu Dube has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Madhu is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.
The article Top Buys of Third Point That You Shouldn’t Miss originally appeared on Fool.com is written by Madhu Dube.
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