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Comcast Set To Acquire Time Warner Cable And Also Reportedly Compete with Netflix
Thursday, February 13, 2014 - 11:07am | 601In the world of entertainment-related news stories, it’s what you call a double feature. Comcast (NASDAQ: CMCSA), the largest cable television operator in the U.S. will acquire the second largest, Time Warner Cable (NYSE: TWC), according to The Wall Street Journal. At the same time, the...
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#PreMarket Primer: Thursday, February 13: Comcast To Buy Time Warner Cable
Thursday, February 13, 2014 - 8:21am | 1033After a big day Tuesday, the markets took a pause Wednesday. The Dow was down about 31 points to finish the day at 15,993.94.The S&P was down less than one point to 1,819.26 and the NASDAQ was up 10 points to close at 4,201.29. This morning, U.S. markets are weak on European concerns. The...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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Market Wrap For January 14: Markets Rebound On Earnings Season Kickoff
Tuesday, January 14, 2014 - 6:19pm | 2515Major indices reversed Monday's losses and posted strong gains following a better than expected retail sales report and a luke-warm start to earnings season. Related: Stocks Higher, But Dollar Indecisive After Retail Sales Release Philidalphia's Fed chief Charles Plosser said that he wants QE...
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Time Warner Cable Rejects Charter's 'Low-Ball' $61.3 Billion Offer
Tuesday, January 14, 2014 - 3:28pm | 604After Time Warner Cable (NYSE: TWC) CEO Rob Marcus called a Charter Communications (NASDAQ: CHTR) $61.3 billion, $132.50 a share acquisition bid a “low-ball offer,” the nation’s number three cable operator rejected the bid Monday, according to Bloomberg. Instead, Marcus said, the company was...
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J.P. Morgan Likes Comcast, Time Warner Cable And Others For 2014
Saturday, January 4, 2014 - 10:50am | 835Like at all the other Wall Street firms, analysts at J.P. Morgan have made their recommendations for 2014. In a research report out this past week, they singled out American Tower (NYSE: AMT), Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) as three of their top picks. Below we take a...
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Market Wrap For November 27: Markets Inch Higher Before Pausing For Thanksgiving
Wednesday, November 27, 2013 - 6:01pm | 1594Major indices crawled higher on light volume, which was to be expected. The Nasdaq to new highs that haven't been seen since September 2000, while the other major indices failed to hold on to earlier gains, but still finished in positive territory. On Thursday, the markets will take a much...
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Market Wrap For November 25: Nasdaq Breaks 4,000 Level For First Time Since 2000
Monday, November 25, 2013 - 5:57pm | 1904The Nasdaq index traded above 4,000 for the first time since 2000. The other major indices were flat for the day as markets couldn't hold on to early gains that were boosted by an international accord with Iran. Economic news was rather light and there were no comments from a Fed chairperson that...
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Market Wrap For November 22: Markets Finish The Week On a Positive Note
Friday, November 22, 2013 - 5:57pm | 1641While not offering any specifics, investors seemed comfortable enough with Dennis Lockhart's comments to end the week on a positive note. While speaking to CNBC the Atlanta Fed chief commented that tapering will begin “when the economy is ready and when the market is ready.” Lockhart also noted...
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Malone Wants Charter to Acquire Time Warner Cable (TWC)
Friday, June 28, 2013 - 10:10am | 562Liberty Media(NASDAQ: LMCA) billionaire Chairman John Malone is back at the drawing board – looking for ways in which Charter Communications (NASDAQ: CHTR) could acquire Time Warner Cable (NYSE: TWC), according to Bloomberg. Liberty has a 27 percent stake in Charter. This, despite the fact...
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Liberty Media Expected to Buy 25% of Charter Communications
Monday, March 18, 2013 - 3:48pm | 534Liberty Media (NASDAQ: LMCA) (NASDAQ: LMCB) is reportedly in talks with Charter Communications (NASDAQ: CHTR) to acquire 25 percent of the firm. According to The Wall Street Journal, the deal would be worth nearly $2.5 billion. If this report proves to be true, it will be Liberty Media's first...
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Final Thoughts on Upfront as Cable Stocks Get a Boost
Wednesday, June 27, 2012 - 11:30am | 731By Steve Birenberg, Minyanville The conclusion of a slightly disappointing TV upfront selling season and renewed macroeconomic worries have brought the outlook for ad spending to the forefront for media stock investors. In addition, the stock market has reverted to the highly volatile “risk on...