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Stock Market & Financial Investment News

News Breaks
January 23, 2014
10:19 EDTLMCA, TWC, CHTRLiberty Media expresses support for Charter's Time Warner Cable proposal
Liberty Media Corporation (LMCA) released the following statements from its Chairman, John Malone, and its President and CEO, Greg Maffei, regarding their support for the Charter (CHTR) proposal to Time Warner Cable (TWC): “The proposed consolidation of Charter and Time Warner Cable, under the respected operational leadership of Tom Rutledge, will enable the cable industry to adopt common technology, brands and service offerings providing the scale necessary to compete in today’s marketplace,” said John Malone, Chairman of Liberty Media. “This industry brought to the home 500 channels; digital compression and high speed internet, but needs scale to attract the developers and innovators critical to remaining competitive.” “A key reason Liberty invested in Charter was the strength of Tom Rutledge and his management team. They have done a tremendous job turning around Charter's business and we are pleased with the performance of our investment,” said Greg Maffei, President and CEO of Liberty Media. “Charter has been and can continue to be successful on a standalone basis, but the proposed combination with Time Warner Cable will drive shareholder value for all.”
News For LMCA;CHTR;TWC From The Last 14 Days
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April 17, 2014
06:58 EDTTWCNetflix, Comcast deal questioned by senator, NY Post says
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April 16, 2014
10:00 EDTTWCOn The Fly: Analyst Upgrade Summary
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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
07:26 EDTTWCReport: Comcast raised advertised basic TV rates 68% over 4 years, NY Post says
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April 11, 2014
07:26 EDTTWCTime Warner struggling to force Dodgers network on pay-TV players, LAT say
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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
April 9, 2014
13:45 EDTLMCABarnes & Noble rises after report says Nook spin may now be more feasible
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07:31 EDTTWCSenate Judiciary Committee to hold a hearing
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07:28 EDTTWCComcast, Time Warner go before lawmakers on merger plan, Reuters says
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07:07 EDTTWCComcast sees ample competition to permit deal, lawmakers cautious, WSJ says
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April 8, 2014
12:55 EDTTWCComcast, TWC filing reference development of Apple TV box, 9to5Mac says
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12:01 EDTTWCComcast says consumers would benefit from acquisition, The Hill says
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08:57 EDTTWCSmall rivals to testify in Comcast, Time Warner hearing, Bloomberg says
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07:52 EDTTWCComcast, Time Warner execs go before critic at hearing, Reuters says
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06:59 EDTTWCComcast, Time Warner Cable Internet businesses to be examined, NY Times says
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April 7, 2014
07:43 EDTCHTRCharter added Franchise Pick list at Jefferies
Jefferies sees 22% upside in shares of Charter Communications and added the stock to its Franchise Pick list. The firm sees upside to 2014 estimates and keeps a Buy rating on the stock.

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