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Cablevision Systems Corp

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  • NEW YORK, June 18- Cablevision Systems Corp has dropped a lawsuit against Verizon Communications Inc as it sought to combine the case, involving a television commercial that had targeted Verizon's FiOS, with another between the rival companies. The lawsuit in Manhattan had sought a court order declaring as truthful a Cablevision commercial claiming...

  • NEW YORK, June 18- Cablevision Systems Corp on Thursday dropped a lawsuit against Verizon Communications Inc that had asked a court to declare as truthful a television commercial claiming Verizon's FiOS service does not only use fiber optic cable. Cablevision voluntarily dismissed the lawsuit in Manhattan federal court without prejudice, meaning the...

  • PARIS, May 27- Patrick Drahi, the billionaire owner of European telecoms group Altice, said he didn't bid for Time Warner Cable because his company lacked management resources to digest such a big deal in a market it had only recently entered. "I didn't follow up on the exchanges we had on Time Warner Cable that were mentioned in the media because we were not ready,"...

  • *Charter agrees to buy Time Warner Cable in $56 bln deal. PARIS, May 26- Patrick Drahi, the billionaire owner of deal-hungry European telecoms group Altice, will not let missing out on Time Warner Cable dissuade him from further expansion in the United States, people familiar with the situation said. Taking his first step across the Atlantic last week by agreeing to...

  • NEW YORK, May 19- Cablevision Systems Corp sued Verizon Communications Inc on Tuesday, seeking a judge's finding that its television commercial claiming Verizon's FiOS service does not solely use fiber optic cable is actually truthful. The lawsuit comes after Verizon launched a proceeding on April 27 before the Better Business Bureaus' National...

  • Guess what Big Media pitched the ad guys Friday, 15 May 2015 | 12:08 PM ET
    Dolly Parton performs at the NBC Upfront Presentation, May 11, 2015.

    If you missed this year's upfront presentations, here are some key takeaways.

  • Early movers: DAL, PLL, HUM, VZ, KMB, FB & more Wednesday, 13 May 2015 | 7:56 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Cablevision to drop $1 bid for NY Daily News Wednesday, 13 May 2015 | 6:46 AM ET
    A woman buys a copy of the New York Daily News, featuring Speaker of the House John Boehner on the cover, following a government shutdown, Oct. 1, 2013, in New York.

    Cablevision is planning to pull out of the auction process for the New York Daily News after spending hundreds of hours analyzing a potential deal.

  • Walt Disney Co's ESPN has sued to stop Verizon Communications from making its sports channel part of an add-on option for customers of its new Custom TV package, a legal fight that has been the talk of industry conferences and discussions with investors and analysts. Distributors see slimmer plans as a lifeline to a generation that watches online services...

  • Top cable execs on what's plaguing the industry Wednesday, 6 May 2015 | 6:54 PM ET
    Cablevision Systems president and CEO Jim Dolan speaks at The Internet and Television Expo in Chicago, May 6, 2015.

    The cable giants didn't mince words at INTX as they addressed the big issues they're facing: consolidation, regulation and disruption.

  • Traders work on the floor of the New York Stock Exchange (NYSE)

    U.S. stocks closed lower, reversing a positive open, as investors weighed higher yields and energy prices ahead of Friday's important jobs report.

  • May 6- Shares of Cablevision Systems Corp jumped as much as 8 percent after Chief Executive James Dolan said he would be interested in a "deal" with Time Warner Cable Inc, Comcast Corp and other cable operators. Cablevision, controlled by New York's Dolan family, operates primarily in the Greater New York area. CBS Corp's Sports Network joined Verizon's FiOS's new...

  • Dolan: Plenty of room to consolidate cable in NY Wednesday, 6 May 2015 | 2:04 PM ET
    James Dolan, President and CEO of Cablevision.

    Cablevision CEO James Dolan sees more opportunities for consolidation in the cable space.

  • Cablevision's video subscriber losses double Monday, 4 May 2015 | 10:38 AM ET
    Signage is displayed outside of a Cablevision Systems Corp. Optimum store in the Brooklyn borough of New York.

    Cablevision Systems said video subscriber losses doubled, as the cable TV company's customers continued to shift to bundled services from telecoms.

  • May 4- Cablevision Systems Corp said video subscriber losses in the first quarter doubled from a year ago, as the cable TV company's customers continued to shift to lower-priced bundled services from telecom carriers. Cablevision, under pressure to stop consumers from "cutting the cord" and shifting to internet video services such as Netflix and Hulu, has said...

  • Early movers: CVC, CMCSA, TSN, MCD & more Monday, 4 May 2015 | 8:00 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Cablevision revenue rises 2.5 pct Monday, 4 May 2015 | 7:44 AM ET

    May 4- Cablevision Systems Corp reported a 2.5 percent rise in quarterly revenue, helped by an increase in subscription fees in its cable business. Net income attributable to Cablevision stockholders fell to $44.6 million, or 16 cents per share, for the first quarter ended March 31, from $89.8 million, or 33 cents per share, a year earlier. Net revenue rose to $1.61...

  • *Wall Street closed sharply higher on Friday as consumer sentiment jumped and vehicle sales for GM and Ford were stronger-than-expected in April, while manufacturing expansion in the month held steady at near a two-year low. *Data also showed that factory activity in China in April saw its biggest drop in a year, hardening the case for fresh stimulus from...

  • What matters to markets this week Monday, 4 May 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Jobs report is big but watch out for Europe Friday, 1 May 2015 | 7:21 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.