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Stock Market & Financial Investment News

News Breaks
July 31, 2014
08:56 EDTTWCTime Warner Cable sees FY14 revenue growth in low end of 3.5%-4.5%
FY14 revenue consensus of $23.02B. The company said it does not expect to have any additional affiliate agreements for Dodgers this year, and expects SportsNet LA to cost the company 50 basis points in revenue growth. Including the benefit, the company had seen a 4%-5% revenue growth for 2014. Adjusting for the lack of Dodgers in its growth, the company expects to see revenue and adjusted OIBDA in FY14 to be in the low end of its range. Otherwise, the company sees typical sequential trends in Q3, with total company OIBDA weighted towards Q4. Comments taken from Q2 earnings conference call.
News For TWC From The Last 14 Days
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August 26, 2015
09:02 EDTTWCTime Warner Cable Business named as national vendor by MiCTA
Time Warner Cable Business Class announced the company has been selected as an approved national vendor for MiCTA, an association representing non-profit groups, including schools, healthcare, government and other organizations. The approved vendor status allows MiCTA members to take advantage of fiber-delivered Ethernet services and Dedicated Internet Access offered by TWCBC, at a pre-negotiated rate. This also eliminates the need for members to conduct their own competitive bidding for services, which makes procurement streamlined, easier and more time-efficient.
August 19, 2015
10:20 EDTTWCBig telecom firms put M&A on hold, CTFN reports
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August 18, 2015
10:17 EDTTWCDisney downgraded as Wells moves away from content providers
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August 17, 2015
20:09 EDTTWCCable companies test virtual reality offerings, Variety says
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