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Stock Market & Financial Investment News

News Breaks
January 30, 2014
06:26 EDTTWC, UBS, CHTRUBS hired by Bright House as adviser, WSJ reports
Bright House Networks has hired UBS (UBS) as an adviser amid deal speculation around Time Warner Cable (TWC), with which the cable operator has close ties, the Wall Street Journal reports. UBS will advise on programming issues and debt as well as the implications of a change in control of Time Warner Cable, sources say. Reference Link
News For TWC;UBS;CHTR From The Last 14 Days
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August 28, 2014
06:35 EDTUBSEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link
August 27, 2014
11:56 EDTTWCNY Governor Cuomo orders investigation of Time Warner Cable outage
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08:22 EDTTWCTime Warner Cable cites 'maintenance' for outage, Re/code reports
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07:17 EDTTWCTime Warner Cable says experiencing 'widespread' technical issues
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06:40 EDTTWCTime Warner Cable customers reporting outages, Business Insider reports
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August 26, 2014
11:37 EDTTWCTime Warner Cable to pay $1.1M to resolve outage reporting violations, FCC says
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10:51 EDTTWC, CHTRZoom Telephonics files FCC petition opposing Charter's cable modem policies
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09:35 EDTTWCNetflix files formal protest against Comcast merger, Engadget reports
Netflix (NFLX) has filed a petition to the FCC against the proposed merger between Comcast (CMCSA) and Time Warner Cable (TWC), as the streaming company has previously indicated it would, reported Engadget. Netflix claims the deal would result in "serious public interest harm" and that a merged cable giant would have huge leverage over it and rivals like Hulu, which is a joint venture owned by Comcast itself along with partners Disney (DIS) and 21st Century Fox (FOXA). Reference Link
August 25, 2014
19:00 EDTTWCDISH Network petitions FCC to deny Comcast, Time Warner merger
Citing irreparable harm to competition and consumers, DISH Network (DISH) petitioned the Federal Communications Commission, or FCC, to deny the merger of Comcast (CMCSA) and Time Warner Cable (TWC). The petition to deny outlines, among other things, the critical role high-speed broadband plays in the video industry and the potential for the merger to significantly damage competitive development of over-the-top video and limit consumer access to online video programming.
06:20 EDTTWCFCC seeks more data from Comcast regarding TWC deal, Reuters says
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August 20, 2014
06:13 EDTTWCNetflix signs paid peering deal with Time Warner Cable, Gigaom reports
Netflix (NFLX) has signed a direct interconnection deal with Time Warner Cable (TWC) that would provide Netflix with direct access and faster streams, reports Gigaom. Time Warner Cable confirmed that the deal happened in June and the implementation has been rolling out this month. Reference Link
August 18, 2014
08:05 EDTTWCTime Warner Cable price target raised to $173 from $148 at UBS
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