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Stock Market & Financial Investment News

News Breaks
February 11, 2014
09:23 EDTTWX, CHTRTime Warner: Charter nominating directors to prsesure board into accepting offer
Time Warner Cable (TWC) issued the following statement in response to receipt of notice that Charter Communications (CHTR) is seeking control of the Time Warner Cable Board by nominating 13 directors for election at the 2014 Annual Meeting of Stockholders. Charter previously made a proposal to acquire Time Warner Cable for $82.54 in cash and 0.372 CHTR share per TWC share, which was unanimously rejected as grossly inadequate by Time Warner Cable’s Board of Directors. Rob Marcus, Time Warner Cable’s Chairman and CEO, said: “It is clear that Charter is nominating a slate of directors for the sole purpose of pressuring our Board into accepting the same lowball offer that it previously considered and unanimously rejected. Our Board remains focused on maximizing shareholder value. We are confident in our strategic plan, which was detailed publicly on January 30, and we are not going to let Charter steal the company.”
News For TWX;CHTR From The Last 14 Days
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July 5, 2015
16:52 EDTTWXUniversal's 'Jurassic World' leads U.S. weekend box office with $30.9M
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June 28, 2015
15:40 EDTTWXUniversal's 'Jurassic World' leads U.S. weekend box office with $54.2M
For the weekend of June 28, Comcast (CMCSA, CMCSK) subsidiary Universal's "Jurassic World" topped domestic box office charts at $54.2M. Disney's (DIS) "Inside Out" landed in second place with $52.1M, while Universal's "Ted 2" came in third with $32.9M. Time Warner (TWX) subsidiary Warner Bros.' "Max" and Fox's (FOX, FOXA) "Spy" took fourth and fifth place at $12.2M and $7.8M, respectively. Data gathered by Rentrak.
June 25, 2015
19:58 EDTCHTRCharter will not block, throttle net traffic
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12:52 EDTCHTRCharter to 'go further' than net neutrality rules in TWC merger, Variety reports
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June 24, 2015
14:46 EDTTWXHBO deal an early sign of Facebook original content plans, says Brean Capital
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12:27 EDTTWXHBO to offer free episodes of 'Ballers', 'The Brink' on Facebook, Variety says
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