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Shareholder Lawsuit Against Madison Square Garden Says CEO Overpaid; Dolan Family Calls It 'Corporate Extortion'
Thursday, May 2, 2019 - 11:32am | 684A shareholder lawsuit filed against The Madison Square Garden Company (NYSE: MSG) and New York Knicks CEO James Dolan alleges he’s paid far more than similar CEOs and spends too much time away from the job touring with his band. What Happened The lawsuit, first reported by...
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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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'Streaming Only Cable Service is Coming,' Say Experts
Thursday, December 12, 2013 - 10:37am | 581Speculation about so-called over-the-top or streaming cable via the Internet has been around for years. According to some TV-industry experts, it may be about to happen – as early as in 2014. Viacom (NASDAQ: VIA) CEO Philippe Dauman started the ball rolling at the UBS media conference in New...
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Dish Network Seeks Cablevision's Help in Battle Against Comcast, News Corp. and CBS
Tuesday, June 5, 2012 - 10:21am | 361In an effort to fend off multiple lawsuits and prevent its new Hopper feature from being exterminated, Dish Network may enlist in the help of a competitor. Unofficially, of course. But if this Bloomberg Businessweek report is accurate, the satellite provider may be helped by a 2008 federal appeals...
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Earnings Expectations for the Week of October 24
Sunday, October 23, 2011 - 1:40pm | 1417The earnings crunch is in full swing this this week. Quarterly results are due from the likes of Caterpillar (NYSE: CAT), Exxon Mobil (NYSE: XOM), Procter & Gamble (NYSE: PG) and United Parcel Service (NYSE: UPS), from which analysts expect to see year-over-year earnings growth, as well as...
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Earnings Expectations for the Week of August 8
Sunday, August 7, 2011 - 12:02pm | 1072The focus this week, at least initially, will no doubt be on the effect of the downgrade of U.S. debt. But there will be plenty more earnings as well, including reports from Walt Disney (NYSE: DIS), News Corp. (NASDAQ: NWS), Cisco Systems (NASDAQ: CSCO) and Aol (NYSE: AOL). The parade of retail...
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Deutsche Bank Adjusts Cablevision Estimates, Raises Price Target
Friday, November 5, 2010 - 7:48am | 154In a report released this morning, Deutsche Bank said that Cablevision Systems Corporation (NYSE: CVC) enjoys a unique cable footprint with dominant market share, leading network density / efficiency, attractive consumer dynamics, and the greatest relative SME opportunity. “Mgmt has fended off...
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JP Morgan Assesses U.S. Telecom and Cable Services Sector
Thursday, July 22, 2010 - 10:43am | 704JP Morgan had previewed 2Q results for the U.S. Telecom and Cable Services sector, and has assessed each one as follows listed with upside/downside risks and price target: American Tower (NYSE: AMT) Overweight Credit environment could delay share repurchase, delays in carrier builds, wireless...