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Stock Market & Financial Investment News

News Breaks
March 15, 2013
06:30 EDTCHTR, TWC, CVCCablevision likely to be sold, may be worth $20 per share, says Citigroup
Citigroup said this morning in a note to investors that it expects Cablevision (CVC) to be sold. Citi sees Time Warner Cable (TWC) and Charter (CHTR) as the most likely buyers of Cablevision and says the company could be worth $20 per share in a takeover. The firm believes Cablevision's share price performance post its Q4 results indicate that most on the buy-side expect Cablevision will be sold. Citi says that absent a takeover, Cablevision could drift towards $11 per share. The firm keeps a Buy rating on Cablevision, but lowered its price target for shares to $18 from $19.25.
News For CVC;TWC;CHTR From The Last 14 Days
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June 26, 2015
16:00 EDTTWCOptions Update; June 26, 2015
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June 25, 2015
19:58 EDTTWC, CHTRCharter will not block, throttle net traffic
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12:52 EDTCHTR, TWCCharter to 'go further' than net neutrality rules in TWC merger, Variety reports
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June 23, 2015
10:00 EDTTWCOn The Fly: Analyst Downgrade Summary
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08:39 EDTTWCTime Warner Cable downgraded to Sector Perform from Outperform at Scotiabank
June 19, 2015
11:52 EDTTWCTime Warner Cable CEO says Ralph Roberts a 'pioneer, visionary, role model'
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June 18, 2015
16:32 EDTCHTRCharter issues statement applauding FCC's adoption of Lifeline program
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June 17, 2015
09:35 EDTCVC, CHTRGuggenheim to hold a conference
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June 16, 2015
11:14 EDTCVCCablevision CEO says decline in big bundle plans 'inevitable'
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08:47 EDTCHTRNetflix price target raised to $780 from $600 at Needham
Needham analyst Laura Martin raised her price target for shares of Netflix (NFLX) to $780 saying Charter (CHTR) and others offering the streaming service should drive U.S. subscription growth. Further, the company's international subscribers have up to three times faster profit trajectories than their U.S. counterparts, Martin tells investors today in a research note. Netflix will also add advertising revenue "someday," the analyst believes. She keeps a Buy rating on the stock. Netflix shares have sold off recently on Alibaba's (BABA) newly announced streaming service, Martin notes. But she points out China was not in her estimates for Netflix and that she doesn't expect a negative impact on other regions. Shares of Netflix closed yesterday at $654.02.

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