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Stock Market & Financial Investment News

News Breaks
January 3, 2013
10:12 EDTCSGS, TWCCSG Systems says amended deal may cut 2013 TWC revenues by 7.5%
CSG Systems (CSGS) announced in a press release after yesterday's closing bell that Time Warner Cable (TWC) has extended its customer care and billing contract with CSG through March 2017. In a regulatory filing following the press release, CSG stated the company currently generates a material portion of its revenues from Time Warner Cable, noting that for 3Q12, CSG generated approximately 10% of its total revenues from Time Warner. CSG said its amended agreement includes pricing adjustments effective April 1, 2013 for certain products and services currently in use by Time Warner and, in exchange for these pricing adjustments, the agreement extends CSG’s contractual relationship with Time Warner for an additional four years through March 31, 2017, and includes commitments from Time Warner to purchase a minimum level of certain products and services from CSG over the contract term. These minimum financial commitments are calculated in a similar manner, and are relatively consistent with the annual amounts in the Current Agreement, CSG said. CSG said the amended agreement will have no impact to its results of operations for 2012. Considering the pricing impacts of the agreement and CSG’s expectation of usage levels for current contracted business, CSG anticipates 2013 Time Warner revenues may decrease by approximately 7.5% when compared to 2012. The anticipated revenue impact in both the near and long terms may vary depending on the actual level of products and services purchased by Time Warner and the revenue impact is only an estimate, the company added. In early morning trading shares of CSG Systems International rose 10c, or 0.54%, to $18.72.
News For CSGS;TWC From The Last 14 Days
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February 5, 2016
17:10 EDTTWCComcast appears undervalued, could rise 20%, Barron's reports
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February 4, 2016
10:42 EDTTWCCharter says 'reasonably confident' DOJ, FCC will stay within review timeline
10:26 EDTTWCCharter 'hopeful' regulatory process for deals can be completed in March
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09:46 EDTTWCCharter says working with DOJ, FCC on Time Warner Cable transaction
Commenting on the Charter (CHTR)/Time Warner Cable (TWC)/Bright House transaction, Charter says the parties have begun working together to ensure that post-closing, New Charter can begin to execute its long term operating strategy. Says parties have obtained approvals that exceed the threshold closing condition for franchise authorities approving the transactions. Says working closely with DOJ and FCC to provide all information required to evaluate merits of the transactions. Comments from slides that will be presented on the Q4 earnings conference call.
09:36 EDTTWCActive equity options trading on open: AAPL FB GPRO AA NFLX BAC TWC YHOO PG
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February 3, 2016
16:11 EDTCSGSCSG Systems raises dividend 6% to 18.5c per share
CSG Systems approved an approximately 6% increase in the company's cash dividend, effective with the first quarterly payment in 2016 of 18.5c per share of common stock to be paid on March 31 for shareholders of record as of the close of business on March 16.
16:10 EDTCSGSCSG Systems sees FY16 non-GAAP EPS $2.59-$2.69, consensus $2.84
Sees FY16 revenue $735M-$760M, consensus $784.75M.
16:09 EDTCSGSCSG Systems reports Q4 non-GAAP EPS 77c, two estimates 73c
Reports Q4 revenue $197.3M, two estimates $192.88M.
15:37 EDTTWCCharter pressing California to expedite Time Warner Cable review, CTFN says
Charter (CHTR) is asking the California Public Utilities Commission to expedite its review of the company's proposed merger with Time Warner Cable (TWC) and Bright House, saying additional delays would cause significant financial costs, reports CTFN, citing a conference call between Charter and the Commission. Charter also told the Commission that, if it were to rush approval to April 21, the company could participate in the upcoming FCC spectrum auction, CTFN said. Reference Link
February 2, 2016
07:22 EDTTWCScripps, TWC, reach multiyear retrans agreement, Broadcasting & Cable says
Scripps (SNI) and Time Warner Cable (TWC) have quietly reached a multi-year retransmission consent deal for stations representing more than 3M households in 14 markets, Broadcasting & Cable reports, citing a broadcast source familiar with the deal. The agreement also includes certain Bright House cable systems, the report says. Affected markets include Bakersfield, Cleveland, Cincinnati, Denver, Detroit, Green Bay, Indianapolis, Kansas City, Nashville, Omaha, Milwaukee, San Diego and Tampa, the report says. Reference Link
January 28, 2016
09:38 EDTTWCActive equity options trading on open
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08:57 EDTTWCTime Warner Cable working with FCC, DoJ to get Charter deal approved
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06:12 EDTTWCTime Warner Cable reports Q4 Residential Services revenue $4.81B
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06:10 EDTTWCTime Warner Cable reports customer relationship net additions of 200K for Q4
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06:02 EDTTWCTime Warner Cable reports Q4 adjusted OIBDA $2.13B
06:02 EDTTWCTime Warner Cable reports Q4 EPS $1.80, consensus $1.78
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