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Charter Communications Succeeds In Turnaround Effort, Wells Fargo Says In Upgrade
Monday, February 5, 2018 - 5:00pm | 355A successful turnaround and a rebound in Time Warner Cable subscriptions has renewed an analyst's confidence in Charter Communications, Inc. (NYSE: CHTR) despite a competitive environment. The Analyst Wells Fargo analyst Marci Ryvicker upgraded Charter Communications from Market Perform...
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Netflix Having A Strong Day
Tuesday, December 6, 2016 - 4:24pm | 217Netflix, Inc. (NASDAQ: NFLX) is having a strong day, with shares up more than 4 percent after Charter Communications, Inc. (NASDAQ: CHTR) CEO Thomas Rutledge said in a UBS conference that he had advanced discussions with the company over set-top box integration. The addition of Netflix to Charter...
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Scripps Networks Interactive Shares Attractively Priced, Says Argus
Tuesday, August 16, 2016 - 2:58pm | 390Argus maintains its Buy rating and $100 price target on Scripps Networks Interactive, Inc. (NASDAQ: SNI), saying the company benefits from ratings growth in a strong scatter advertising market. The brokerage noted that HGTV and the Food Network remain key growth drivers, as the company expands...
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U.S. Senators Say Time Warner Cable Overbilled Customers $640,000
Friday, June 24, 2016 - 11:49am | 432In a recent staff report, U.S. Senators said Time Warner Cable, which was bought by Charter Communications, Inc. - Class A (NASDAQ: CHTR) for $79 billion, overbilled customers nationwide an estimated $639,948 between January and April 2016, and the number is expected to touch $1.91 million in 2016...
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Facebook And Amazon: More Earnings From The FANG Stocks
Sunday, April 24, 2016 - 4:38pm | 741Two of the so-called FANG stocks offered up disappointing quarterly results last week. The other two FANG stocks are on deck to share their latest results this week. Wall Street analysts continue to look for strong earnings growth from both of them. The so-called FANG stocks were the momentum...
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Chrysler And Ford Earnings: Following In GM's Footsteps?
Sunday, April 24, 2016 - 4:38pm | 725Upcoming earnings highlights include the latest results from two automaker giants. Wall Street analysts are looking for strong earnings growth from both of them. However, estimates have been slipping for one and rising for the other. Expectations were already high for the latest earnings from...
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O'Boyle: Regulators 'Should Block' Charter-Time Warner Cable Merger
Wednesday, May 27, 2015 - 9:19am | 830Charter Communications, Inc. (NASDAQ: CHTR) plans to acquire Time Warner Cable Inc (NYSE: TWC) for approximately $55 billion. The deal comes a month after the demise of the proposed merger between Time Warner Cable and Comcast Corporation (NASDAQ: CMCSA). Unfazed by that failure, investors...
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What The Street Is Expecting From Ruth Porat As Google's New CFO
Tuesday, May 26, 2015 - 3:29pm | 471Ruth Porat would be taking charge as the CFO of Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) Tuesday and, given her experience in investment banking, the Street is expecting a lot from her. Ivan Feinseth, Tigress Financial Partners, was on CNBC recently to discuss what Porat can do with the cash pile...
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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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What Did CEO James Dolan Say That Spurred Cablevision 6% Higher?
Wednesday, May 6, 2015 - 2:47pm | 361Cablevision Systems Corporation (NYSE: CVC) shares shot up during midday trading Wednesday on back of comments made by its CEO, James L. Dolan. Dolan expressed strong interest in M&A consolidation in areas where his company operates. CNBC's Julia Boorstin interviewed Dolan following his...
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Will Discovery Communications Post Zero Earnings Growth?
Monday, May 4, 2015 - 3:16pm | 348Shares of Discovery Communications Inc. (NASDAQ: DISCA) were up about 2 percent on Monday as the company’s earnings date looms. The media and entertainment company will report its first quarter financial results before the market opens on Tuesday. According to Estimize, analysts and the...
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5 Spinoffs 'Ripe' For Takeover
Tuesday, April 7, 2015 - 12:25pm | 618In a report issued by The Edge Consulting Group, analysts Jim Osman and Sanjiv Thakur look into five spinoff candidates they say are "ripe for takeover." ADT ADT Corp (NYSE: ADT) was spun off Tyco International plc (NYSE: TYC) about 30 months ago. Since then, it has built a leading...
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Staples-Office Depot Merger Likely To Be Cleared By Regulators, Says Former SEC Commissioner
Wednesday, February 4, 2015 - 4:39pm | 746Staples, Inc. (NASDAQ: SPLS) and Office Depot Inc (NASDAQ: ODP) are slated to merge in a deal valued at $6.3 billion. Former SEC Commissioner Steve Wallman told Benzinga that while there are some antitrust issues that need to be addressed, the merger is likely to go through. "The...
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Bank Of America: Comcast A 'Model Of Consistency,' Added To US 1 List
Tuesday, November 25, 2014 - 12:59pm | 261Jessica Reif Cohen of Bank of America reiterated a Buy rating on Comcast Corporation (NASDAQ: CMCSA) on Monday with a $70 price target while adding the company to the “BofA Merrill Lynch US 1 list” as a preferred investment idea with near-term upside. According to Reif Cohen,...
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Markets Rally On Better Than Expected GDP; Dow Has Best Close In More Than A Month
Thursday, October 30, 2014 - 5:09pm | 1851U.S. stocks rose on Thursday after government data showed the U.S. economy grew 3.5 percent in the third quarter, better than the 3.0 percent expected. Investors brushed off a poor reading on the number of Americans filing for jobless benefits, which rose last week in favor of GDP data; this...