On Thursday, stock of Arris went up 20 percent because they announced an inversion deal. The company sponsors Carl Edwards in Nascar.» Read More
Comcast on Friday called off its proposed $45 billion acquisition of Time Warner Cable and its prior agreement with Charter Communications.
*Xerox slumps as it cuts forecast. *Comcast shares up after it calls off Time Warner Cable merger. April 24- U.S. stocks were set to open higher on Friday as strong results from tech behemoths Google, Amazon and Microsoft set the Nasdaq Composite on track to extend its run after surpassing on Thursday a 15- year-old record.
The "Squawk on the Street" crew discuss the future of delivering content on the heels of Comcast's decision to walk away from its bid for Time Warner Cable.
CNBC's Jim Cramer explains why he is shocked to hear of the termination of Comcast's bid for Time Warner Cable.
April 24- Comcast Corp and Time Warner Cable Inc said on Friday they had abandoned their proposed $45 billion merger. "Today, we move on," Comcast Chief Executive Brian Roberts said in a statement. Comcast shares were up 1.2 percent at $59.94 in premarket trading, while Time Warner Cable shares were down 0.5 percent at $148.
Brian Roberts, Comcast chairman & CEO, discusses the decision to terminate its bid for Time Warner Cable. We have to move on, says Roberts.
April 24- Comcast Corp abandoned its proposed $45 billion merger with Time Warner Cable Inc on Friday, saying the deal had been structured in a way that if the U.S. government didn't agree, the companies could walk away.
The "Squawk Box" crew discuss Comcast's announcement it will drop its bid for Time Warner Cable.
Richard Parson, former Time Warner CEO, shares his thoughts on where Time Warner Cable and CEO Robert Marcus go from here now that it appears the Comcast-TWC merger will not go through.
Richard Parson, former Time Warner CEO, shares his thoughts on why the Comcast-TWC deal went cold.
I think wireless makes a lot of sense, says Rich Greenfield, BTIG media & tech analyst, sharing his thoughts on where Comcast to make its next acquisition.
Reed Hundt, REH Advisors and former FCC chairman, says he thinks the DirecTV-AT&T will likely go through and weighs in on the future of media mergers under a different administration.
I don't think there was any way Comcast could have saved it, says Reed Hundt, REH Advisors and former FCC chairman, providing insight to Comcast's bid for Time Warner Cable.
NEW YORK/ WASHINGTON, April 23- Comcast Corp's board was meeting late on Thursday to finalize plans to abandon its proposed $45 billion merger with Time Warner Cable Inc, according to a person directly familiar with the matter. Comcast and Time Warner Cable declined to comment. The news came a day after officials of Comcast and Time Warner Cable, the two largest U.S....
NEW YORK/ WASHINGTON, April 23- Comcast Corp's board was meeting late on Thursday to finalize plans to abandon its proposed $45 billion merger with Time Warner Cable Inc, according to a person directly familiar with the matter. Representatives of Comcast and Time Warner Cable declined to comment. The news came a day after officials of Comcast and Time Warner...
Comcast could drop its bid for Time Warner Cable as soon as Friday, a source told CNBC.
DETROIT— General Motors CEO Mary Barra is dismissing any talk of a possible merger with Fiat Chrysler Automobiles. Barra tells analysts on a conference call that the company is focused on making its business more efficient and taking full advantage of its global size. Fiat Chrysler CEO Sergio Marchionne recently floated the idea of merging with GM or another...
*Yoox/ Net-a-Porter merger may be a game-changer. PARIS, April 23- The merger of the world's two biggest online fashion stores, Net-a-Porter and Yoox, sends a warning to luxury brands to embrace the Internet with more vim after years of resistance. Top brands such as Prada and LVMH's Christian Dior still baulk at the idea of selling clothing online as well as through...
Could BlaBlaCar be the next success story for Europe, as it makes more acquisitions and expansion plans? Nicolas Brusson, co-founder and COO of BlaBlaCar, talks about the company's recent developments.
Pace, the world's largest maker of TV set-top boxes, has agreed a $2.1 bn takeover by Arris, a US networking equipment maker.