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Tesla Investor Ross Gerber Applauds Disney's Charter Deal As A 'Win Win'
Monday, September 11, 2023 - 10:54pm | 588Tesla Inc. investor Ross Gerber lauds the recent deal between The Walt Disney Company (NYSE:DIS) and Charter Communications (NASDAQ:CHTR) as beneficial for both parties involved. What Happened: Gerber expressed his positive view on the deal via X, formerly known as Twitter, calling it a...
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Disney's Bob Iger Faces Showdown With 'Cable Cowboy' John Malone Amid Hollywood Strike
Monday, September 4, 2023 - 5:51am | 507Disney (NYSE:DIS) is in the midst of a contract dispute with Charter Communications (NASDAQ:CHTR) headed by John Malone, over the terms of a new agreement for carrying its channels, Business Insider reported. This comes as Disney faces heat from the ongoing actors’ and writers...
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Don't Expect Viacom Shares To Outperform While Charter Negotiations Ongoing
Thursday, October 12, 2017 - 12:08pm | 370Shares of Viacom, Inc. (NASDAQ: VIAB) were trading lower by about 5 percent Thursday after the company confirmed that Charter Communications, Inc. (NASDAQ: CHTR)'s customers could lose access to some of its TV properties, including MTV and Comedy Central. Viacom confirmed it's attempting to...
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Barron's Picks And Pans: Goodyear, Johnson & Johnson And More
Monday, December 12, 2016 - 7:50am | 581This weekend's Barron's looks at the prospects for a leading tire manufacturer. The prospects for a healthcare giant and a dialysis pioneer are also examined. Other featured articles offer picks from a London hedge fund conference and a look at the Dow Jones Industrial Average as...
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Charter Has Obtained All Necessary Approvals To Acquire Time Warner Cable
Friday, May 13, 2016 - 8:58am | 269Charter Communications, Inc. (NASDAQ: CHTR) announced late Thursday afternoon it has received the approval from the California Public Utilities Commission for its proposed acquisition of Time Warner Cable Inc (NYSE: TWC). The U.S. Federal Communications Commission voted in favor of the proposed...
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What To Know In Charter's $55 Billion Bid For Time Warner
Tuesday, May 26, 2015 - 8:22am | 311Charter Communications, Inc. (NASDAQ: CHTR) has agreed to pay roughly $55 billion in cash and assume Time Warner Cable Inc's (NYSE: TWC) debt, a deal that values Time Warner Cable at $78.7 billion. Per share, Charter will pay $195.71 - a 22 percent premium to Friday's closing price. For Time Warner...
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Dow Suffers 300 Point Drop; S&P 500 And NASDAQ Also Tumble
Thursday, July 31, 2014 - 4:49pm | 3111U.S. stocks posted steep losses as investors had plenty to worry about. Unable to reach a last-minute settlement, Argentina defaulted on its debt obligations. Naturally, as a global economy, the credit of one country affects other countries worldwide. The Labor Department reported that U.S....
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Markets Sell-Off After Malaysian Airline Crash In Ukraine
Thursday, July 17, 2014 - 4:50pm | 3179U.S. stocks sold off after news reports began to surface that a Malaysian Airlines jet has crashed in Ukraine. While details have yet to be confirmed, a Ukraine minister claimed that the plane, which carried nearly 300 people, was shot down by rebels. Also not helping the market sentiment...
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Bulls Take A Break As Dow's Winning Streak Ends At 7 Days
Monday, June 23, 2014 - 4:40pm | 2213U.S. stocks were slightly lower as positive housing data proved to be not enough to boost the Dow's winning streak to eight days. The National Association of Realtors reported that previously-owned home sale posted strong growth in May compared to April. U.S. Secretary of State John Kerry...
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Market Wrap For April 30: Markets Positive Despite Fed Tapering and GDP Rising Less Than Expected
Wednesday, April 30, 2014 - 4:35pm | 3030U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...
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Market Wrap For April 29: Dow Approaches Record Highs Despite Ongoing Ukraine Tension and Upcoming Fed Meeting
Tuesday, April 29, 2014 - 4:43pm | 3331U.S. stocks finished higher as the Dow approached its all time high of 16,631.60. The index trading on Tuesday as high as 16,559.39. The S&P 500 index is also not that far away from its all time highs of 1,897.28. The Federal Open Market Committee began its two-day meeting in Washington....
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Market Wrap For April 28: Apple Hits New 52-Week Highs In a Volatile Start To the Trading Week
Monday, April 28, 2014 - 4:34pm | 2080U.S. stocks ended the day mostly positive in a volatile trading session as the Nasdaq rebounded from a one percent decline, finishing the day almost flat. The Dow traded higher by as much as 138 points but still ended the day modestly higher as Pfizer's massive $100 billion takeover plans gave...
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Market Wrap For March 10: Markets Slightly Lower On Chinese Growth Concerns
Monday, March 10, 2014 - 4:56pm | 1832U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...
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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Market Wrap For February 14: Markets End The Week Positive
Friday, February 14, 2014 - 5:50pm | 2701U.S. stocks rose on Friday as investors were able to overlook some disappointing economic data as a result of cold weather. Major indices showed signs of strength today as the Nasdaq continues to inch towards historical all time highs of 5,135.52 recorded on March 10,2000. Today, the index hit...