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News For CMCSA;CVC;DIS;TWC;VZ From The Last 14 Days Check below for free stories on CMCSA;CVC;DIS;TWC;VZ the last two weeks. |
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| May 14, 2013 | | 06:28 EDT |  | DIS | Disney initiated with an Outperform at BMO Capital
Target $76. | | | May 13, 2013 | | 18:11 EDT |  | DIS | ESPN to expand partnership with Twitter, WSJ reports
ESPN and Twitter are set to announce an expanded partnership on Tuesday that will involve ESPN showing video-highlight clips of major sporting events on Twitter, according to a Wall Street Journal report. Reference Link | | | 16:48 EDT |  | VZ | Verizon Wireless to make $7B payment to Verizon, Vodafone
Verizon (VZ) disclosed in a regulatory filing that on May 9, the board of representatives of Verizon Wireless declared distributions to its owners in the aggregate amount of $7B, payable on June 25 in proportion to their respective partnership interests on the date of such distribution. Based on current ownership interests in Verizon Wireless, Verizon will receive cash payments aggregating $3.85B and Vodafone (VOD) will receive cash payments aggregating $3.15B. | | | 10:31 EDT |  | TWC | Time Warner Cable management to meet with Needham
 Subscribe for More Information | | | 07:29 EDT | | VZ | Skillsoft to host a conference
2013 Global Skillsoft Perspectives Learning Industry Conference is being held in Orlando, Florida on May 13-16. | | | May 12, 2013 | | 18:49 EDT | | DIS | ABC app to let users live stream local programming, NYT says
ABC, a unit of the Walt Disney Company (DIS), will unveil the "live" function for its app for iPhones (AAPL) and iPads, allowing users around New York and Philadelphia to live stream all the programming from ABC’s local stations there, says the New York Times. Reference Link | | | 14:16 EDT | | DIS | Disney's ‘Iron Man 3’ tops weekend movie sales again, Bloomberg says
Subscribe for More Information | | | May 10, 2013 | | 14:52 EDT |  | DIS | Market poised to end week higher as tech helps lead advance
Subscribe for More Information | | | 11:21 EDT | | CMCSA | NBC News settles on new president, NY Times reports
NBC News is close to naming Deborah Turness, the head Britain's ITV News, to succeed Steven Capus, who stepped down in February, as its president, reports the New York Times, citing people with knowledge of the appointment. Reference Link | | | 10:00 EDT |  | CVC | On The Fly: Analyst Downgrade Summary
Subscribe for More Information | | | | 07:08 EDT | | VZ, DIS | ESPN considers subsidizing wireless data plans, WSJ reports
Subscribe for More Information | | | 06:10 EDT | | DIS | On the Fly: Periodicals Wrap-Up
Subscribe for More Information | | | 05:50 EDT | | CVC | Cablevision downgraded to Neutral from Buy at Citigroup
Subscribe for More Information | | | May 9, 2013 | | 11:02 EDT | | DIS | Netflix and Disney announce multi-year licensing deal for XD shows
Subscribe for More Information | | | 10:48 EDT | | CVC | Cablevision CFO says no plan to cut dividend
Cablevision CFO Gregg Seibert said on the company's first quarter earnings conference call that the company's board shows "complete support" for continuing Cablevision's dividend at its current level. Seibert said the company pays about $40M a quarter in the form of a dividend and that the company "certainly did not earn that in the first quarter on a free cash flow basis." Seibert acknowledged going forward it's not clear the company will consistently earn that over the next few quarters, but from a liquidity standpoint the company's proceeds from its Bresnan transaction "should be in the neighborhood of $625M plus whatever working capital and cash is in the company at the time of closing." That liquidity and other sources gives the board "comfort" in regard to maintaining the dividend, according to the executive. | | | 10:30 EDT | | TWC, CVC, CMCSA | Bill would pressure cable companies on a la carte channels, The Hill says
Republican Senator John McCain is writing a bill that would push cable TV and satellite companies to offer a la carte channel options to their customers, according to The Hill, which cited statements by the senator's office. McCain's bill would rpessure cable and satellite companies to enable consumers to choose which individual channels they want, the website explained. Reference Link | | | 08:36 EDT | | CVC | Cablevision sees Q2 adjusted operating cash flow to be above Q1
Subscribe for More Information | | | 08:34 EDT |  | CVC | Cablevision reports Q1 EPS (6c), consensus 5c
Reports Q1 revenue $1.52B, consensus $1.64B. Reports consolidated adjusted operating cash flow, or AOCF, decreased 26.9% to $343.4M. | | | May 8, 2013 | | 17:01 EDT | | DIS | On The Fly: Closing Wrap
Stocks on Wall Street were higher again, pushing the Dow and S&P to new record levels. A late afternoon move down to the flatline made it seem like the recent winning streak was set to end, but the averages quickly reversed higher and closed firmly in positive ground. ECONOMIC EVENTS: In the U.S., the light economic calendar included MBA's report on mortgage applications, which were up 7%, and the EIA's petroleum status report, which showed crude oil inventories built up by less than was expected last week. In Europe, German industrial production increased 1.2% month-over-month in March, beating expectations for a 0.1% decline. In Asia, Chinese trade data showed exports climbed 14.7% in April, while imports were up 16.8%. However, some analysts expressed caution that the strong export gains should be viewed with some level of skepticism. COMPANY NEWS: Dow member Disney (DIS) beat expectations on the top and bottom line and price targets on the stock were raised at several firms, but shares slid 8c, or 0.12%, to $65.99... J.C. Penney (JCP) released preliminary Q1 results last night, including comparable store sales that were down 16.6% and revenue of $2.64B, which was below expectations. However, the results were enough to send shares of the heavily-shorted retailer up $1.21, or 7.38%, to $17.61. MAJOR MOVERS: Among the notable gainers was Whole Foods Market (WFM), up $9.39, or 10.12%, to $102.19 after earnings beat estimates, the company raised its full year outlook and announced a two-for-one stock split. Also higher were shares of Dex Media (DXM), up $2.84, or 20.71%, to $16.55 after Kyle Bass, presenting at the Sohn Investing Conference, said the company's stock could trade up to 5 times higher than current levels in 3 years. Among the noteworthy losers was Fusion-io (FIO), down $3.40, or 18.89%, to $14.60 after its CEO and chief marketing officer resigned and shares were downgraded by at least two analyst firms. Also lower following its earnings report was Zillow (Z), which fell $6.26, or 9.95%, to $56.68. INDICES: The Dow was up 48.92, or 0.32%, to 15,105.12; the Nasdaq was up 16.64, or 0.49%, to 3,413.27; and the S&P 500 was up 6.73, or 0.41%, to 1,632.69. | | | 16:00 EDT |  | DIS | Options Update; May 8, 2013
CBOE Volatility Index VIX down 17c to 12.66. Option volume leaders: BAC GOOG C AAPL DIS X XOM according to Track Data. | | |
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