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Roku Doubles In Three Days After First Earnings Report
Monday, November 13, 2017 - 7:39pm | 799Shares of TV streaming company Roku Inc (NASDAQ: ROKU) are on a run after the release of third-quarter results. The stock has more than doubled over three sessions. Roku's Fundamentals Roku said in its S-1 IPO filing that it's the No. 1 TV streaming platform in the U.S. based on the total...
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Altice's Acquisition Of Cablevision Has Been Approved By The FCC
Wednesday, May 4, 2016 - 9:07am | 226ALTICE S A (OTC: ATCEY) (OTC: ATSVF)'s proposed multi-billion acquisition of Cablevision Systems Corporation (NYSE: CVC) took a step forward on Wednesday after the U.S. Federal Communications Commission (FCC) said that it had approved the merger. European-based Altice initially failed to receive...
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Here's Why Cablevision Spiked Higher Friday Morning
Friday, April 15, 2016 - 1:53pm | 175Shares of Cablevision Systems Corporation (NYSE: CVC) surged to a 52-week high of $34.05 on Friday following a report the company's sale to Altice cleared a regulatory hurdle. According to the New York Post, New York City's government "accepted" the fact that it cannot stop...
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Report: Altice's $10 Billion Acquisition Of Cablevision Is 'Running Into Unexpected Turbulence'
Wednesday, December 23, 2015 - 12:45pm | 177Shares of Cablevision Systems Corporation (NYSE: CVC) were trading lower by 1.57 percent at $31.27 late Wednesday morning following a cautious report by The Wall Street Journal. According to WSJ, Altice's $10 billion deal to acquire Cablevision is "running into unexpected turbulence...
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8 Arbitrage Events To Watch Today
Monday, November 16, 2015 - 10:01am | 501U.S. futures were trading higher early Monday morning, implying U.S. equities will open higher. Investors and traders are focusing on M&A and large cross-border deal activities on Monday. The most notable deal consists of a $12.2 billion merger within the hotel and resorts group. U...
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Cablevision-Altice Is Finally Happening; What's Next?
Thursday, September 17, 2015 - 4:16pm | 530Amsterdam-listed Altice said it would acquire Cablevision Systems Corporation (NYSE: CVC) for $34.90 per share. Shares of Cablevision Systems rose almost 15 percent on Thursday trading. Altice is betting on getting into the U.S. market, while analysts believe it will be a hard task....
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Why You Should Dump Verizon If Dish, T-Mobile Merger Goes Through
Thursday, June 4, 2015 - 4:02pm | 400The Wall Street Journal recently reported that DISH Network Corp (NASDAQ: DISH) is in talks with T-Mobile US Inc (NYSE: TMUS) for a possible merger, following which shares of both the companies opened strong on Thursday and were trading higher. Kevin Smithen, Macquarie Capital analyst, was on...