UPDATE: Cablevision (CVC), Time Warner Cable (TWC), Charter (CHTR) Higher as Malone Makes Moves
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Cox Communications said to discuss cable merger with Charter (CHTR) - Bloomberg
August 2, 2013 10:22 AM EDTCox Communications said to discuss cable merger with Charter (NASDAQ: CHTR), according to Bloomberg headlines.... More
Moody's Warns Time Warner Cable (TWC) Bond Investors About Possible Downgrade
July 2, 2013 4:16 PM EDTHolders of Time Warner Cable's (NYSE: TWC) bonds should be wary, Moody's Investors Service says in a new report, "Time Warner Cable Likely to Lose Investment Grade Rating In a Charter (Nasdaq: CHTR) Takeover." Dr John Malone has recently re-entered the US cable market, and numerous reports state that he not only believes the industry is ripe for consolidation, but is interested in merging with Time Warner Cable.
"Dr. Malone has never been known to be a passive investor, and his recent... More
Time Warner Cable (TWC) Could Demand Premium in Merger
June 26, 2013 3:13 PM EDTEvercore Partners yesterday maintained an Overweight rating on Time Warner Cable (NYSE: TWC) with a price target of $108.00. Analyst Bryan Kraft thinks Time Warner Cable might demand a significant premium in a possible merger with Charter Communications (Nasdaq: CHTR).... More