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News Breaks
August 3, 2013
16:43 EDTCBS, TWCTime Warner Cable CEO says wants to put CBS back on at sensible price
Time Warner Cable (TWC) CEO Glenn Britt said. "CBS (CBS) Television CEO Les Moonves was quoted as saying 'we are now at war with Time Warner Cable.' But the only people CBS is hurting are our viewers who love their shows. Please know that Time Warner Cable is at war with no one. We exist as a company to connect people to the things they love and CBS's shows and sports are a few of those things. We want to put CBS back on the air at a price that makes sense for us and our customers. That's not war, that's what our customers say they want good programming at a fair price and on reasonable terms. We hope CBS will join us at the negotiating table and agree to a contract that is in the best interest of not only CBS, but everyone who enjoys watching television."
News For TWC;CBS From The Last 14 Days
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May 20, 2015
10:00 EDTTWCOn The Fly: Analyst Initiation Summary
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07:48 EDTTWCAltice could have latitude for TWC deal near $200 per share, says Wunderlich
After The Wall Street Journal and Bloomberg said that Time Warner Cable has received a preliminary approach from Europe's Altice, Wunderlich estimated that TWC is worth $180 on an organic-only basis but that Altice could have latitude for a nominal deal price near $200 per share given the high value of Altice's equity. Applying the same multiple as what Altice just paid for Suddenlink to a deal for TWC yields a $230 takeout price, though this would be a "big reach," the firm added. Wunderlich has a Buy rating and $180 price target on Time Warner Cable shares.
06:28 EDTTWCAltice, Time Warner Cable have held talks about potential deal, Reuters reports
According to a source, Reuters reports that Altice is looking into buying Time Warner Cable (TWC), whose merger with Comcast (CMCSA) fell apart last month. The source says Altice has held talks with Time Warner Cable about a potential deal. Charter (CHTR) is also seeking to potentially buy Time Warner Cable. Reference Link
05:40 EDTTWCTime Warner Cable reinstated with an Equal Weight at Barclays
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May 19, 2015
07:36 EDTTWCAutomakers to start V2V car rollouts with spectrum at a premium, WSJ says
General Motors' (GM) upcoming Cadillac CTS is the only car firmly scheduled to launch in the U.S. with vehicle-to-vehicle communications, or V2V, but the industry has promised that V2V will revolutionize safety and Cisco (CSCO) joined automakers earlier this month to brief the FCC on plans to test airwave sharing soon, said The Wall Street Journal. However, cable and telecom companies are pressuring carmakers to give up a part of the airwaves marked for V2V to be available for broader use, the report added. Publicly traded automakers include Fiat Chrysler (FCAU), Ford (F), Honda (HMC), Toyota (TM) and Volkswagen (VLKAY), while cable and telecom companies include Verizon (VZ), AT&T (T), Sprint (S), T-Mobile (TMUS), Comcast (CMCSA), Time Warner Cable (TWC) and Charter (CHTR). Reference Link
May 17, 2015
18:31 EDTTWCBanks prepare $25B funding in case of Charter-Time Warner deal, Reuters says
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May 13, 2015
09:24 EDTTWCComcast CEO says does not 'feel need to rush' to pursue other merger deals
Comcast (CMCSA) CEO Brian Roberts is speaking at the MoffettNathanson Research conference regarding the company's scrapped deal to buy Time Warner Cable (TWC).
07:16 EDTTWCMoffett Nathanson to hold a summit
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May 12, 2015
11:59 EDTTWCCharter still in active talks about Bright House acquisition, Bloomberg reports
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09:14 EDTCBSApps World to hold a conference
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08:31 EDTCBSApple likely to launch TV video service this year, says Pacific Crest
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07:06 EDTCBSCBS management to meet with UBS
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06:41 EDTCBSTV networks touting digital, targeting technologies to marketers, NY Times says
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May 11, 2015
06:33 EDTCBSTV networks worried amid tough competition from digital outlets, NY Times says
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May 10, 2015
18:05 EDTCBSFCC contract ruling may speed review of AT&T-DirecTV merger, WSJ says
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16:06 EDTTWCCharter seeking up to $30B to finance potential Time Warner deal, WSJ says
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May 8, 2015
14:50 EDTTWCLiberty Broadband CEO says any Charter-TWC deal would be 'friendly,' WSJ says
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10:51 EDTCBSCBS CEO Moonves sees price, volume growth on TV ad upfronts
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06:04 EDTCBSCBS, Viacom controlling shareholder: 'No set plan' on succession, NYP says
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06:01 EDTCBSStocks with implied volatility above IV index mean; TRIP CBS
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