Some of the names on the move ahead of the open.» Read More
STAMFORD, Conn.— Charter Communications Inc. said late Saturday that the company was aware of some customers experiencing Internet outages across its service area. Charter spokeswoman Kim Haas says the company is working to restore service and says the cause is unknown. Social media users posted complaints on the company's Twitter and Facebook pages.
WASHINGTON, Aug 22- U.S. communications regulators on Friday asked Comcast Corp for additional details about its video and broadband operations, including its web traffic management practices, to review the company's proposed merger with Time Warner Cable Inc..
OMAHA, Neb.— In a story Aug. 14 about changes to Berkshire Hathaway's stock portfolio, The Associated Press reported erroneously the company had reduced its stake in engineering and construction firm Chicago Bridge& Iron Co. by 1.1 million shares. Berkshire Hathaway has increased its position in Chicago Bridge& Iron by 1.2 million shares.
NEW YORK, Aug 15- U.S. stock index futures were higher on Friday, with major indexes on track for a second week of gains, as traders bet there would be no immediate escalation in the tense situations in Ukraine or Iraq.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc disclosed a new $366 million stake in cable TV operator Charter Communications Inc and pared its holdings in two other pay-TV companies, part of a flurry of changes in its stock investments during the second quarter. DirecTV is awaiting regulatory approval to sell itself to AT&T for $48.5 billion.
OMAHA, Neb.— Billionaire Warren Buffett's company has revealed a new stake in Charter Communications Inc. and made several other tweaks to its $108 billion U.S. stock portfolio. Berkshire Hathaway Inc. filed an update on its portfolio with the Securities and Exchange Commission Thursday.
NEW YORK, Aug 14- Warren Buffett's Berkshire Hathaway Inc reported a $366 million stake in cable TV operator Charter Communications Inc in the second quarter, according to a regulatory filing made public on Thursday.
Aug 5- Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters. Sprint's shares plunged 19 percent to $5.90, while T-Mobile fell 10 percent to $30.38 on Wednesday.
*Sprint to name Brightstar's Marcelo Claure as CEO- source. Aug 5- Sprint Corp has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters.
LONDON, Aug 5- French telecom firm Iliad is in talks with investors to improve its bid for T-Mobile US because it expects the parent company Deutsche Telekom to reject its $15 billion offer, three sources familiar with the matter said on Tuesday.
July 25- John Malone's Liberty Media Corp started the process of spinning off its cable assets through a stock dividend to its shareholders to form a new listed company called Liberty Broadband. Liberty Media shares were up 2 percent in premarket trading. Berkshire Hathaway Inc and Comcast Corp are among Liberty Media's top shareholders.
Two months into the 2014 baseball season, 70 percent of televisions in Southern California can't tune into Dodgers games.
Even after a few high-profile acquisitions in the cable industry, Liberty Media CEO Gregory B. Maffei told CNBC more deals are likely.
Speculation that Dish Networks may be sold helped the stock double in the last couple of years. But the odds of a lucrative deal now look slim.
Companies such as Comcast, Facebook, and Lenovo are gobbling up companies to get a piece of the new (digital) media landscape.
A combination of AT&T and DirecTV would create a pay TV network that could rival Comcast Corp if it completes its purchase of Time Warner Cable Inc..
AT&T has approached DirecTV about a possible acquisition of the satellite TV company, the Wall Street Journal reported on Thursday.
April 30- AT&T Inc has approached DirecTV about a possible acquisition of the satellite TV company, the Wall Street Journal reported, citing people familiar with the situation. A deal would likely be worth at least $40 billion, DirecTV's current market capitalization, the newspaper said.
Ira Kay, the top CEO-compensation consultant, is on a mission to defend rising executive compensation, despite outrage from shareholders.
WASHINGTON, April 28- The head of the Spanish-language television network Univision said on Monday that Comcast Corp's plan to buy rival Time Warner Cable Inc could be "bad for Hispanic audiences." In particular, he complained that Comcast balked at distributing Univision's sports network, while others, including Time Warner Cable, did carry it.