Maya Wiley, New York City Mayor Bill DeBlasio's top legal counsel, discusses the potential acquisition of Cablevision.» Read More
U.S. stock futures were sharply lower, following oil prices this morning, in a continuation of Friday's selloff and a turbulent week.
NEW YORK, Dec 31- The S&P 500 saw its flattest year since 2011, ending a three-year streak of double-digit returns. Netflix +134.38 Amazon.com +117.78 Activision Blizzard +92.11 Nvidia +64.39 Cablevision +54.55. Chesapeake Energy -77.01 CONSOL Energy -76.63 Southwestern Energy -73.95 Freeport-McMoRan -70.83 Fossil Group -66.99.
The FCC says video accounts for more than 60 percent of U.S. Still, the United States only ranks 25 out of 39 nations in 2013, according to the FCC. It said the United States was behind many countries including France, Canada, Germany and Japan-- but ahead of Brazil, Chile, Mexico, and Israel.
Dec 18- The U.S. Federal Communications Commission said on Friday it approved the $9.1 billion sale of U.S. regional cable company Suddenlink Communications to European telecoms group Altice NV. Altice has acquired or taken control of broadband companies in France, Belgium, Luxembourg, Israel and Portugal, the FCC said, adding that it has a track record of...
NEW YORK ATTORNEY GENERAL SOLICITS HELP FROM THE PUBLIC IN. WASHINGTON, Dec 13- New York Attorney General Eric Schneiderman invited the public on Sunday to test the speed of their Internet and submit the results online as part of an ongoing probe into whether large providers may be short-changing customers with slower-than-advertised speeds.
*Guggenheim named Pfizer's lead adviser on $160 bln Allergan deal. *Schwartz has cultivated ties with Pfizer and its CEO over years. His strategy paid off handsomely when Guggenheim was named lead adviser for one of the biggest deals in history- Viagra-maker Pfizer's $160 billion acquisition of Botox-maker Allergan.
U.S. stock index futures pointed to a lower open Tuesday, as investors paused for breath after the S&P 500 breached the 2,100-point level on Monday.
NEW YORK, Oct 29- Cable and communications company Altice NV is battling subscriber losses and investor impatience on its home turf in Europe, raising concerns it could have a lot on its plate as it gears up to acquire Cablevision Systems Corp and Suddenlink Communications Inc in the United States. On Wednesday, Altice reported worse-than-expected...
European markets ended Tuesday solidly lower, as investors reacted to earnings news and a decline in oil prices.
*Altice up as investors buy into Cablevision. LONDON, Oct 27- European stock markets fell further away from last week's two-month high on Tuesday after a drop in the shares of BASF and Novartis. BASF shares dropped by 5 percent after the chemicals group lowered its full-year earnings guidance due to weak sales in China, Brazil and other emerging markets.
*BASF falls after cutting earnings guidance. *Altice up as investors buy into Cablevision. LONDON, Oct 27- European stock markets fell on Tuesday, moving further away from last week's two-month high after a drop in the shares of BASF and Novartis weighed on markets.
The letters, sent on Friday to executives at Verizon Communications Inc, Cablevision Systems Corp and Time Warner Cable Inc, ask each company to provide copies of all disclosures they have made to customers, as well as copies of any testing they may have done of their Internet speeds. "We're confident that we provide our customers the speeds and services we...
The New York attorney general is probing whether three major Internet providers could be short-changing consumers.
AOL-Time Warner wasn’t wrong—it was just ahead of its time. Buckle up: The next wave of media M&A is about to heat up, says tech analyst Dan Niles.
Oct 16- Cablevision Systems Inc and Viacom Inc have settled an antitrust lawsuit in which Cablevision had accused Viacom of forcing distributors and subscribers to buy channels they did not want. Cablevision and Viacom are simultaneously entering into "mutually beneficial" business arrangements, the companies said in a joint statement on Friday.
PARIS, Oct 1- European telecoms company Altice completed a share sale on Thursday to fund its takeover of U.S.-based Cablevision, prompting a steep drop in its shares as some investors grew wary of its debt and ability to pull off a rapid expansion. Altice shares had been the best performers among European telecom stocks this year, but have slumped more than 30...
*Altice leads telecoms lower after capital raising move. *Trading remains volatile with Glencore, VW turning lower. LONDON, Oct 1- European shares fell on Thursday, with phone stocks leading the way after a capital raising move at Altice to fund a U.S. acquisition and technology stocks pressured by concerns over chip orders from Apple.
European stocks closed mixed to lower on Thursday, as start-of-quarter enthusiasm petered out among investors and telecom stocks weighed on investor sentiment.
*Trading remains volatile with Glencore, VW turning lower. LONDON, Oct 1- European shares gave up some ground by midday on Thursday as gains by oil and gas stocks were offset by a fall in telecoms and both Glencore and Volkswagen turned lower. But shares in Altice fell 8.5 percent after the telecoms group announced a capital increase to help fund its takeover of...
*Traders hope for more stimulus measures in China. *Glencore rallies after upbeat notes from Citi and Barclays. However, shares in telecoms group Altice fell by 3.3 percent after Altice announced a capital increase to help fund its takeover of Cablevision.