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Stock Market & Financial Investment News

News For CMCSA;TWC;CVC;VZ From The Last 14 Days
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November 10, 2014
13:26 EDTVZ, CVC, TWC, CMCSACable providers fall after Obama weighs in on net neutrality
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12:25 EDTTWCTime Warner Cable issues statement on White House Title II announcement
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12:24 EDTTWC, CVC, CMCSA, VZOn The Fly: Midday Wrap
Stocks on Wall Street were modestly higher at midday. The averages opened mixed, but very close to the flat line, and have continued to drift slowly higher from that point. There is little to stand in the way of the marketís drift, as the economic calendar is quiet, the earnings season is winding down, and the most closely watched geopolitical situations are currently status quo. ECONOMIC EVENTS: In the U.S., little of note was on the economic calendar. The Federal Reserve's newly introduced Labor Market Conditions Index was flat at 4 in October. The Fed started updating estimates of the LMCI every month beginning with last month. COMPANY NEWS: Shares of Netflix (NFLX) advanced about 1% after xxx President Barack Obama publicly urged the Federal Communications Commission to implement the "strongest possible rules" to protect net neutrality. In response, Verizon (VZ) said it supports the open Internet and continues to believe that the "light-touch regulatory approach in place for the past two decades has been central to the Internetís success," adding that it believes the reclassification Obama called for would "apply 1930s-era utility regulation to the Internet" and be a "radical reversal of course" that would threaten great harm to an open Internet, competition and innovation." A number of Internet Service Providers, including Comcast (CMCSA), Time Warner Cable (TWC), Charter (CHTR) and Cablevision (CVC), moved lower after Obama weighed in on the hot-button issue. MAJOR MOVERS: Among the notable gainers was Achillion Pharmaceuticals (ACHN), which rose 22% after the company presented data from the ongoing Phase 2 study of its Hepatitis C virus treatment at the Annual Meeting of the American Association for the Study of Liver Diseases, or AASLD. Also higher was Dean Foods (DF), which rose more than 13% after the dairy products distributorís third quarter results, as well as its fourth quarter and full year profit outlook, surpassed analystsí consensus estimates. Among the noteworthy losers was Rayonier (RYN), which dropped 13% after management determined that there was a material weakness in the company's internal controls, restated certain previously made financial statements, and cut its dividend reflecting expectations of reduced cash available for distribution due to lower expected annual harvest levels. INDEXES: Near midday, the Dow was up 18.55, or 0.11%, to 17,592.48, the Nasdaq was up 10.77, or 0.23%, to 4,643.30, and the S&P 500 was up 4.01, or 0.2%, to 2,035.93.
10:42 EDTCMCSAComcast falls after Obama urges internet reclassification under Title II
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10:09 EDTCMCSA, TWCOptions with increasing implied volatility: CZR IGT CMCSA TWC
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10:06 EDTVZ, CMCSA, CVC, TWCVerizon says utility Internet regulation would 'threaten great harm'
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10:01 EDTTWC, CMCSATWC, Charter, Comcast drop after Obama calls for Internet regulation
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09:45 EDTCMCSA, TWC, CVC, VZObama urges FCC to enact 'strongest possible rules' to protect net neutrality
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09:43 EDTTWC, CMCSA, CVC, VZObama urges FCC to enact 'strongest possible rules' to protect net neutrality
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07:12 EDTCMCSACA Technologies to hold a conference
CA World 2014 is being held in Las Vegas on November 9-12.
07:11 EDTVZOpen Mobile Media to hold a summit
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November 8, 2014
20:17 EDTVZAT&T could be the best bet of telecom stocks, Barron's says
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November 7, 2014
11:46 EDTTWCTime Warner Cable drops 2% to $142.94
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08:46 EDTTWC, VZ, CMCSA, CVCCord cutting accelerates as pay-TV loses 179K customers in Q3, WSJ reports
The pay-TV industry lost about 179K customers in Q3, which is steeper than the decline of 83K in the same quarter of last year, reported The Wall Street Journal, citing company reports and estimates from research firm MoffettNathanson. Companies that provide television service include AT&T (T), Verizon (VZ), DISH (DISH), Charter (CHTR), DirecTV (DTV), Cablevision (CVC), Comcast (CMCSA) and Time Warner Cable (TWC). Netflix (NFLX) and Amazon (AMZN) provide television and movie streaming services that compete with broadcast and cable television network offerings. Reference Link
November 6, 2014
10:29 EDTCVC, VZCablevision CEO: Verizon continues on a path of destroying their own capital
CEO James Dolan said, "We do not think Verizon is profitable in any area. They rabidly pursue us in an attempt to get customers... We're giving them all the customers we think are the most expensive customers, but provide the least cash flow to us."
10:13 EDTCVCCablevision sees FY14 adjusted operating cash flow in high single digits
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10:09 EDTCVCCablevision: Policy changes expected to contribute to stronger customer base
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09:10 EDTVZVerizon secures FedRAMP authorization for cloud-computing platform
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08:32 EDTCVCCablevision reports Q3 RPC $154.50
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08:31 EDTCVCCablevision reports Q3 EPS from cont. ops. 26c, consensus 18c
Reports Q3 consolidated revenue $1.63B, consensus $1.61B
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