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Stock Market & Financial Investment News

News Breaks
December 13, 2013
11:21 EDTTWC, CHTR, CMCSACharter preparing letter to acquire Time Warner Cable, Bloomberg says
Charter (CHTR) is preparing an offer letter to acquire Time Warner Cable (TWC) for less than $140 per share, reports Bloomberg, citing a person with knowledge of the matter. The report also said that Comcast (CMCSA) and Cox Communications are not part of Charter's offer. Shares of Charter are up about 1.5% in late morning trade following the report, while shares of Time Warner are up a bit more than 1%. Reference Link
News For TWC;CHTR;CMCSA From The Last 14 Days
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April 16, 2014
10:00 EDTTWCOn The Fly: Analyst Upgrade Summary
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06:27 EDTCMCSANBCUniversal planning digital video push
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05:54 EDTTWC, CMCSATime 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 EDTTWC, CMCSAReport: Comcast raised advertised basic TV rates 68% over 4 years, NY Post says
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April 14, 2014
13:19 EDTCMCSANetflix's streaming speeds on Comcast jumped, The Verge reports
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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 EDTTWC, CMCSALawmakers 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
07:21 EDTCMCSAHulu's head of original programming development to leave company, AdWeek says
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April 9, 2014
07:31 EDTCMCSA, TWCSenate Judiciary Committee to hold a hearing
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07:28 EDTTWC, CMCSAComcast, Time Warner go before lawmakers on merger plan, Reuters says
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07:07 EDTCMCSA, TWCComcast sees ample competition to permit deal, lawmakers cautious, WSJ says
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April 8, 2014
14:36 EDTCMCSADirecTV confirms new agreement reached with Weather Channel
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14:22 EDTCMCSAWeather Channel near deal to return to DirecTV, WSJ says
DirecTV (DTV) is near a deal to return the Weather Channel to its lineup, said The Wall Street Journal, citing people familiar with the matter, one of whom said DirecTV will agree to a small increase in the fees it pays though less than the bump the Weather Channel was seeking. The Weather Channel is owned as a joint venture between Comcast's (CMCSA) NBCUniversal, Blackstone (BX) and Bain Capital. Reference Link
12:55 EDTTWC, CMCSAComcast, TWC filing reference development of Apple TV box, 9to5Mac says
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12:01 EDTTWC, CMCSAComcast says consumers would benefit from acquisition, The Hill says
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09:04 EDTCMCSAAmazon Instant Video says video streams on Prime Instant Video tripled y/y
Amazon Instant Videoannounced that video streams on Prime Instant Video nearly tripled year over year. According to a report from Qwilt, which tracks growth in online video usage, Amazon (AMZN) has now passed both Apple (AAPL) and Hulu (NWSA, DIS, CMCSA) in streaming video usage.
08:57 EDTTWC, CMCSASmall rivals to testify in Comcast, Time Warner hearing, Bloomberg says
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07:52 EDTTWC, CMCSAComcast, Time Warner execs go before critic at hearing, Reuters says
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06:59 EDTTWC, CMCSAComcast, 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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