New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 6, 2014
10:24 EDTDUK, TWCDuke Energy completes sale of DukeNet to Time Warner Cable
Duke Energy (DUK) disclosed in a filing that on December 31, 2013, the corporation, together with Alinda Telecom, completed the sale of 100% of their respective ownership interests in DukeNet Communications, a regional fiber optic network company, to Time Warner Cable (TWC). Following the repayment of existing DukeNet indebtedness at closing, transaction expenses and other purchase price adjustments, the Corporation’s cash proceeds from the sale of its 50% ownership interest in DukeNet totaled approximately $215M. The corporation will treat the resulting gain as a special item, and will exclude it from its adjusted diluted earnings per share, Duke said. The agreement to sell DukeNet was previously disclosed by the corporation on October 7, 2013.
News For DUK;TWC From The Last 14 Days
Check below for free stories on DUK;TWC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 17, 2014
17:19 EDTDUKDuke Energy unit says incurred about $15M in costs from Dan River ash release
Subscribe for More Information
06:58 EDTTWCNetflix, Comcast deal questioned by senator, NY Post says
Subscribe for More Information
April 16, 2014
10:00 EDTTWCOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:54 EDTTWCTime Warner Cable upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Time Warner Cable (TWC) to Outperform on expectations the merger with Comcast (CMCSA) will get approved. Wells raised the low end of its price target range for shares to $140-$160 from $132.50-$160.
April 15, 2014
07:57 EDTDUKDuke board may face contentious meeting with directors targeted, FT says
California’s state pension fund and New York City’s retirement system jointly wrote to fellow shareholders urging them to withhold support for members of Duke Energy’s regulatory policy and oversight committee at the company’s upcoming shareholder meeting on May 1, citing the company's environmental record and poor relationship with regulators, said Financial Times. Reference Link
07:26 EDTTWCReport: Comcast raised advertised basic TV rates 68% over 4 years, NY Post says
Subscribe for More Information
April 14, 2014
13:46 EDTDUKNYC Pension Funds, CalPERS vote against four Duke Energy directors
NYC Pension Funds and CalPERS announced that they will vote against four director nominees to Duke Energy's board for what the funds said was a failure to, "fulfill their obligations of risk oversight as members of a committee overseeing health, safety, and environmental compliance at the company." The funds cite the February coal ash spill into the Dan River in North Carolina, and said that they held a call to discuss concerns with management, and that their request to speak with the board was not passed on.
April 11, 2014
07:26 EDTTWCTime Warner struggling to force Dodgers network on pay-TV players, LAT say
Subscribe for More Information
April 10, 2014
07:49 EDTTWCLawmakers concerned over Internet share of combined Comcast-TWC, LAT says
During merger review proceedings, legislators on the Senate Judiciary Committee expressed particular concern about the 40% nationwide share of the Internet market that would be held by a combined Comcast (CMCSA) and Time Warner Cable (TWC) if the two are permitted to merge, reported The Los Angeles Times. Reference Link
07:02 EDTDUKDuke Energy EPS, dividend growth could accelerate 2016-2018, says Bernstein
Bernstein believes that Duke Energy's EPS and dividend growth could accelerate from 2016-2018. The firm raised its price target on the stock to $78 from $77 but keeps a Market Perform rating on the shares.
April 9, 2014
07:31 EDTTWCSenate Judiciary Committee to hold a hearing
Subscribe for More Information
07:28 EDTTWCComcast, Time Warner go before lawmakers on merger plan, Reuters says
Subscribe for More Information
07:07 EDTTWCComcast sees ample competition to permit deal, lawmakers cautious, WSJ says
Subscribe for More Information
April 8, 2014
12:55 EDTTWCComcast, TWC filing reference development of Apple TV box, 9to5Mac says
Subscribe for More Information
12:01 EDTTWCComcast says consumers would benefit from acquisition, The Hill says
Subscribe for More Information
08:57 EDTTWCSmall rivals to testify in Comcast, Time Warner hearing, Bloomberg says
Subscribe for More Information
07:52 EDTTWCComcast, Time Warner execs go before critic at hearing, Reuters says
Subscribe for More Information
06:59 EDTTWCComcast, Time Warner Cable Internet businesses to be examined, NY Times says
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use