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Stock Market & Financial Investment News

News Breaks
January 2, 2013
16:32 EDTCSGS, TWCTime Warner Cable extends contract with CSG Systems through March 2017
CSG Systems International (CSGS) announced that Time Warner Cable (TWC) has extended its customer care and billing contract with CSG International through March 2017.
News For TWC;CSGS From The Last 14 Days
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March 31, 2015
16:50 EDTTWCOn The Fly: Closing Wrap
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14:59 EDTTWCComcast 'balking' at costs of CPUC broadband proposal, CT Financial News reports
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12:31 EDTTWCOn The Fly: Midday Wrap
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10:59 EDTTWCCharter $10B deal for Bright House headlines busy day in cable industry
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10:13 EDTTWCCharter says scale, balance sheet after deal give significant flexibility
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09:09 EDTCSGSCSG Systems annoucnes new contract in Brazil
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08:45 EDTTWCLiberty Broadband announces stockholder agreement with Charter
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07:41 EDTTWCCharter strikes deal to buy Bright House for $10B, Reuters reports
Charter Communications (CHTR) has agreed to buy Bright House Networks, which has about 2.5M cable subscribers, in a deal valued at close to $10B, according to Reuters, citing a source familiar with the matter. The deal is contingent on Comcast's (CMCSA) deal for Time Warner Cable (TWC) being approved by regulators, the report added. Charter shares are up 3.7% to $190.15 in pre-market trading following the report. Reference Link
07:33 EDTTWCComcast enters agreement with CFO to establish new strategic company
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March 30, 2015
08:22 EDTTWCComcast presents new arguments in Time Warner Cable merger case, NY Post says
Comcast (CMCSA, CMCSK) told regulators this week that its potential merger with Time Warner Cable (TWC) will not substantially affect its national broadband marketshare under recently changed FCC rules, reports the New York Post, citing sources. The move follows a ruling that establishes a heightened minimum download speed to qualify a service as "broadband," which now means that Time Warner Cable does not technically offer broadband in many markets. An antitrust lawyer working against the merger said, "Thatís grasping at straws." Reference Link
07:36 EDTTWCConcerns over Comcast deal overdone, says Wells Fargo
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March 27, 2015
06:14 EDTTWCAT&T betting on slow decline in traditional cable packages, WSJ says
AT&T (T) knew that demand for cable bundles had likely peaked when it bought DirecTV (DTV), but the company believes the decline in traditional cable businesses will be slower than anticipated, allowing it to fund upgrades to its broadband network, reports the Wall Street Journal, citing statements by Chief Strategy Officer John Stankey. "The world is going to be broadband... and that is where we want to be," said Stankey. The Journal notes that Apple (AAPL), Time Warner's (TWC) HBO, and Dish (DISH) have launched or plan to launch web-TV packages and services. Reference Link
March 26, 2015
08:08 EDTTWCTime Warner Cable standalone value $172 per share, says Wunderlich
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March 25, 2015
15:33 EDTTWCCPUC vote on Comcast deal pushed out to May 7, LA Times reports
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10:29 EDTTWCDISH Chairman Ergen says Comcast, TWC merger should be blocked
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09:22 EDTTWCTime Warner Cable disputes report of Dodgers channel writedown, LA Times says
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March 24, 2015
09:08 EDTCSGSCSG Systems says selected by unnamed global telecom operator
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08:19 EDTTWCTime Warner Cable expected to write down Dodgers deal by up to $1B, NY Post says
Time Warner Cable (TWC) is expected to write down the value of its LA Dodgers distribution rights by up to $1B, reports the New York Post, citing sources. The writedown may be a requirement before any deal with Comcast (CMCSA, CMCSK) can be made, suggested one of the sources. Reference Link
March 20, 2015
09:59 EDTTWCCharter may have interest in Cablevision 'at some point,' says Detwiler
Detwiler Fenton believes there is truth to last week's reports of Charter (CHTR) being in talks to acquire Bright House Networks. In addition, the firm says its checks indicate Charter may have interest in buying Suddenlink Communications and Cablevision (CVC) "at some point" as a part of a lager acquisition strategy. Detwiler adds Charter's potential deal strategy assumes Comcast's (CMCSA) bid for Time Warner (TWC) wins regulatory approval. Should the deal not get approved, Detwiler believes Charter will turn its attention back to Time Warner.
March 18, 2015
07:30 EDTTWCAT&T-DirecTV getting less attention than Comcast-Time Warner Cable, Reuters says
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