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Comcast told regulators that its merger with Time Warner Cable would not take away any TV or broadband choices for consumers.
Comcast Corp. fell$. 58 or 1.2 percent, to $48.51. Gannett fell$. 08 or. 3 percent, to $27.05. New York Times Co. fell$. 08 or. 5 percent, to $15.71.
WASHINGTON/ NEW YORK, April 8- Comcast Corp's merger with Time Warner Cable Inc would not deprive consumers of TV or broadband choices and would help the two companies compete against newcomers including Google Inc and Apple Inc in the video market, Comcast told U.S. regulators on Tuesday.
WASHINGTON/ NEW YORK, April 8- Comcast Corp told U.S. regulators on Tuesday that its merger with Time Warner Cable Inc would not take away any TV or broadband choices for consumers.
Regulators act to require US banks to have stronger capital base to reduce financial threats IMF: World economy gains but faces too-low inflation and capital losses from emerging nations US employers posted more job openings in February, a sign that hiring will pick up EU's top court nixes snooping legislation, strengthens privacy rights Stocks rise for the time in four days; Gilead slumps on pressure over new drug Energy Department forecasts slightly lower gasoline prices for the summer and year GM investing $449 M in 2 Detroit-area plants to build next-generation Volt; more jobs expected Japan pharmaceutical company Takeda penalized over diabetes drug, plans to challenge verdict Comcast makes its case for taking over Time Warner Cable, stresses benefits in gov't filings After spike in deaths, railroads launch campaign to highlight dangers of being near tracks
Comcast Corp. fell $1.10 or 2.2 percent, to $49.08. Walt Disney Co. fell $1.30 or 1.6 percent, to $79.13. Gannett fell$. 40 or 1.5 percent, to $27.13.
April 7- Longtime ratings laggard NBC is expected to win this season's broadcast TV ratings race in the age group most prized by advertisers, 18 to 49, for the first time in a decade, NBC Universal Chief Executive Steve Burke said on Monday.
Comcast Corp. fell $1.21 or 2.4 percent, to $48.97. Walt Disney Co. fell$. 96 or 1.2 percent, to $79.47. Gannett fell$. 47 or 1.7 percent, to $27.06.
Regulators are likely to focus on how the Comcast-Time Warner merger will affect the market for high-speed Internet, NYT reports.
Some of the names on the move ahead of the open.
March 31- The 3 million subscribers that Comcast Corp plans to divest as part of a proposed takeover of Time Warner Cable Inc might be worth roughly $18 billion, according to a source familiar with the matter.
Take a look at some of Monday's midday movers:
March 31- The 3 million subscribers that Comcast Corp plans to divest as part of a proposed takeover of Time Warner Cable Inc could be worth roughly $18 billion, according to a source familiar with the matter.
*Arista's switches power data centers of Facebook, Citigroup, Comcast. Santa Clara, California- based Arista listed Morgan Stanley and Citigroup as lead underwriters to the offering in its IPO filing with the U.S. Securities and Exchange Commission on Monday.
March 31- Comcast Corp is planning to increase its share buyback plan by more than 80 percent as its $45 billion takeover of Time Warner Cable Inc undergoes regulatory review in the coming weeks, Bloomberg reported.
March 28- Time Warner Cable Inc said on Friday it was committed to a deal reached with larger cable operator Comcast Corp in response to calls by Charter Communications that shareholders reject the $45 billion merger.
Big acquisitions from Facebook's recent $19 billion purchase of WhatsApp to last year's Warren Buffett-led buyout of Heinz for $23 billion are raising important questions.
*Morgan Stanley tops global rankings. LONDON, March 28- A string of large transactions drove the value of global mergers and acquisitions activity up by 54 percent in the first quarter compared to the same period last year, reflecting greater deal-making confidence among chief executives.
March 27- Time Warner Cable customers looking to lower their bills would be able to hire "professional negotiators," to squeeze discounts out of the cable provider under a trial service being offered by Yipit, a New York- based daily deals startup.
WASHINGTON, March 27- Comcast Corp's Executive Vice President David Cohen will testify at a hearing in the U.S. Senate on April 9 about his company's plans to buy Time Warner Cable Inc, a Comcast spokeswoman said on Thursday.