The Death Of Cable (CMCSA)(TWC)(CHTR)
The largest cable company in the US, Comcast (CMCSA), hit $30.18 last January. Mark that down. The shares may well never get that high again. Time Warner Cable (TWC) hit $44 in…
The largest cable company in the US, Comcast (CMCSA), hit $30.18 last January. Mark that down. The shares may well never get that high again. Time Warner Cable (TWC) hit $44 in…
Yesterday’s sharp sell-off in the Nasdaq showed the market something. In a downturn, the Apples (AAPL) and RIMMs (RIMM) of the world have an Achilles Heel. They have run up too much.…
Verizon Wireless, a JV between Verizon (VZ) and Vodafone (VOD) appears to be vying with Sprint (S) over rights to distribute new handsets loaded with the Google (GOOG) mobile OS and goodies…
According to Reuters, a number of experts do not believe that a rate cut by the Fed will help the falling housing market. Reuters writes that Alcatel-Lucent (ALU) will cut another 4,000…
Business makes strange bedfellows. Verizon Wireless, a JV between Verizon (VZ) and Vodafone (VOD), is in discussions with Google (GOOG) about distributing phones with the Google handset operating system. According to The…
Verizon (NYSE:VZ) $0.63 EPS vs $0.62 estimates; Revenue rose to $23.77 Billion versus $23.67 Billion estimates. WIRELESS ADDS: 1.8 million net wireless adds (1.6 million after reductions in wholesale customers); 1.21% retail…
Most cable company stocks are already trading at 52-week lows. Last week, Comcast (CMCSA) reported earnings and subscriber growth that were below Wall St. expectations. And AT&T (T) came out with earnings…
When word came though that Vonage (VG) had settled its patent suit with Verizon (VZ), the VoIP company’s shares moved up 70% to over $2. The small company has settled another action…
According to Reuters, Microsoft’s (MSFT) strong quarter and forecast sent shares up over 10%. Reuters writes that Oracle (ORCL) has turned down BEA Systems’ (BEAS) proposal that the company be sold at…
It looked like patent suits from the nation’s largest phone companies were going to put VoIP pioneer Vonage (VG) out of buiness. But, it settled its differences with Verizon (VZ) after the…
Mario Gabelli and other investors do not want to let Cablevision’s (CVC) founding family to take the company private at their current offer price of about $34. The investors think the company…
According to Reuters, shares in Amazon (AMZN) dropped on concerns about margins in it latest earnings. Reuters writes that RIM (RIMM) will start to market its Blackberry in China. Reuters reports that…
AT&T (T) became the third big telecom company to file a patent suit against Vonage (VG). It follows actions by Sprint (S) and Verizon (VG). Those suits have been settled at a…
Shares in Cablevision (CVC) and The New York Times (NYT) are both off about 3% today. Cablevision’s shares are down because its large shareholders don’t want the company sold. The Times is…
Most LBO’s these days get killed because buyers develop remorse over a high price and the tough borrowing environment. At Cablevision (CVC) all of that has been turned on its head. The…