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Stock Market & Financial Investment News

News Breaks
March 20, 2013
10:44 EDTCVCAlbert Fried believes a Cablevision takeover is possible
Albert Fried & Company believes a takeover of Cablevision (CVC) is possible over the next 12 to 18 months if the company divests certain assets such as Clearview Cinemas, Newsday, and developmental businesses such as New Chanel 12 and MSG Varsity, which combined generated $299M in operating loses in 2012. The firm believes the recent investment in Charter Communications (CHTR) will pressure Cablevision's management to create shareholder value given stock underperformance. Shares of Cablevision are Overweight rated with a $20 price target.
News For CVC From The Last 14 Days
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October 29, 2014
13:50 EDTCVCFCC chairman wants to give Internet video providers access to more content
FCC. Chairman Tom Wheeler yesterday proposed allowing Internet video providers to show some content previously available only on cable and broadcast TV. Internet video providers could offer "many different kinds of multichannel video packages designed for different tastes and preferences." Wheeler added. Netflix (NFLX) provides Internet video content, while Comcast (CMCSA) and Cablevision (CVC) provide cable TV services. Broadcast TV providers include CBS (CBS), Twenty-First Century Fox (FOXA), and Disney (DIS). Reference Link

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