Cablevision Systems Corp
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For a market that got pumped up because a so-so monthly jobs report wasn't a disaster, Thursday's weekly jobless claims will be big.
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WASHINGTON, May 9- Senator John McCain introduced a bill on Thursday that would uproot the current system of bundling cable channels and let U.S. customers pay for select channels on an "a la carte" basis, a move likely to face stiff industry opposition.
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May 9- Cablevision Systems Corp reported a quarterly loss on Thursday as fewer people subscribed to its cable television services and its programming costs rose. Cablevision executives said programming costs jumped 12 percent and that double-digit increases are expected going forward.
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May 9- Cablevision Systems Corp on Thursday reported an 0.8 percent dip in first-quarter revenue and a quarterly loss as fewer people subscribed to its cable television services. Cablevision posted a loss of $16.4 million, or 6 cents per share, compared with net income of $57.2 million, or 21 cents per share, in the same period a year ago.
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For a market that got pumped up because a so-so monthly jobs report wasn't a disaster, Thursday's weekly jobless claims will be big.
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May 8- Viacom Inc said on Wednesday an antitrust lawsuit by Cablevision Systems Corp accusing it of forcing cable providers and subscribers to buy channels they don't want, should be thrown out.
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May 8- Viacom Inc said on Wednesday a $1 billion lawsuit by Cablevision Systems Corp accusing it of forcing cable providers and subscribers to buy channels they don't want, should be thrown out.
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Concerns that strict rules on bank capital levels would harm lending to the UK economy are greatly exaggerated, Britain's top banking regulator Andrew Bailey said. Mick Davis, the former boss of pre-merger mining giant Xstrata, has hired Goldman Sachs to raise money to set up a new resource giant. UK COAL'S FATE REST IN TAX MAN'S HANDS.
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LONDON, May 3- The 4 billion pound refinancing of Acromas, the private equity-owned firm behind travel company Saga and British motoring services firm the AA, will see a splitting of the two businesses into separate entities. "We have made it clear that we will do something in good time before September 2015 when the first capital repayment is due.
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LONDON, May 3- Bankers are growing increasingly frustrated as more buyouts move away from auction processes and deals are struck behind closed doors after privately held talks. Such private deals render work on potential buyouts useless.
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April 29- Cablevision Systems Corp:. *Bow tie cinemas to acquire clearview cinemas from Cablevision. from Cablevision* Source text for Eikon.
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CHICAGO, April 26 Credit metrics of speculative grade issuers have stabilized and show signs of plateauing, according to Fitch Ratings' in its latest installment of the' Leveraged Finance Stats Quarterly- Fourth Quarter 2012.' Fitch does not view the incremental leverage experience in the fourth quarter and expected in the first quarter to be either outside of expected rating levels or indicative of a deteriorating credit environment.
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By 1050 GMT the shares were trading at 32.96 euros, up 2.4 percent on the price of the placing on Wednesday, when shares amounting to a 2.5 percent stake in the company were sold via an accelerated bookbuilding process and valuing the group at 15.4 billion euros.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
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April 15- Charlie Ergen, who has never shied away from risky bets and legal battles as the chairman of Dish Network now finds himself in the biggest gamble of his career with a $25.5 billion offer for Sprint Nextel Corp.. In January, Dish made a $2.3 billion bid for Clearwire, a U.S. wireless company.
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April 1- A U.S. appeals court on Monday declined to temporarily shut down Aereo Inc, an online television venture backed by billionaire Barry Diller that broadcasters say is infringing their copyrights.
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The network called "pivot" will reach 40 million homes through deals it struck with Pay TV companies such as DirecTV when it launches in August. Operators such as Cablevision and Dish Network Corp also are complaining about escalating fees to carry networks and advocating an "a la carte" model to let consumers choose the channels they want.
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March 19- Liberty Media Corp will buy a 27 percent stake in Charter Communications Inc, signaling Chairman John Malone's return to his roots in cable television and a renewed appetite for consolidation in the sector. Chief Executive Greg Maffei said Liberty sees opportunities in U.S cable and that low interest rates made the deal attractive.
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Liberty Media is close to buying a 25 percent stake in cable operator Charter Communications for about $2.5 billion, The Wall Street Journal reported on Monday.