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Stock Market & Financial Investment News

News Breaks
January 11, 2013
11:45 EDTCMCSA, CVC, TWC, VZFirm says number of cable subscribers dropping, paidContent says
The number of Americans who pay for cable-like TV services is falling, research firm TDG reported, according to paidContent. By 2017 the number of cable customers will fall to 95M from nearly 101M in 2011, the firm stated, paidContent reported. Reference Link
News For CMCSA;CVC;TWC;VZ From The Last 14 Days
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September 3, 2014
11:18 EDTTWC, CMCSACharter, Comcast say SpinCo to be called GreatLand Connections
Charter Communications (CHTR) and Comcast Corporation (CMCSA, CMCSK) announced the name of the new cable company that will be spun off from Comcast upon completion of the Comcast Time Warner Cable (TWC) merger and the Comcast Charter transactions. The company referred to as "SpinCo" or "Midwest Cable LLC" will be known as GreatLand Connections Inc.
11:15 EDTVZVerizon to pay $7.4M to settle privacy investigation
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10:47 EDTCMCSAOpco sees DISH trying to buy T-Mobile for $40/share
Oppenheimer earlier today said it sees DISH (DISH) trying to acquire T-Mobile (TMUS) for $40 per share, and that there is a 20% chance a deal could be announced ahead of the September 10 FCC-mandated quiet period. Opco does not believe DISH can successfully partner with Sprint (S) or T-Moblile (TMUS), leaving buying T-Mobile or selling spectrum as its primary options. The firm expects additional wireless consolidation within the next year, and lists the most likely outcomes as a T-Mobile/DISH merger or T-Mobile/Comcast (CMCSA) merger.
08:28 EDTVZISIS Wallet changes name to Softcard
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