News Breaks |
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| October 14, 2012 |
| 15:08 EDT |  | CVC | Cablevision exploring sale of its Bresnan Broadband unit, Bloomberg says
Cablevision Systems (CVC) is considering a sale of its Bresnan Broadband Holdings according to Bloomberg. Reference Link |
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News For CVC From The Last 14 Days Check below for free stories on CVC the last two weeks. |
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| May 10, 2013 |
| 10:00 EDT |  | CVC | On The Fly: Analyst Downgrade Summary
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| 05:50 EDT | | CVC | Cablevision downgraded to Neutral from Buy at Citigroup
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| May 9, 2013 |
| 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. |
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| 10:30 EDT | | CVC | 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 |
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| 08:36 EDT | | CVC | Cablevision sees Q2 adjusted operating cash flow to be above Q1
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| 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. |
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| May 8, 2013 |
| 15:29 EDT | | CVC | Notable companies reporting before tomorrow's open
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