Cablevision said it would launch in February a wireless Internet phone service to give users an alternative to pricier data plans.» Read More
Aug 5- Cablevision Systems Corp reported a 5.5 percent rise in quarterly revenue as higher advertising and increased cable prices helped offset a fall in video subscribers. Net income attributable to the company's shareholders fell to $94.2 million, or 35 cents per share, from $135.4 million, or 51 cents per share, a year earlier.
Of companies announcing earnings this week, subprime lender World Acceptance has the most shorted stock, according to data from Markit.
After retreating from highs in early March, shorts sellers in the S&P 500 have returned over the last eight weeks.
U.S. cable and fiber Internet providers usually deliver the advertised download speeds, while DSL connections increasingly fall short, the FCC said.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Kay Koplovitz is bringing mobile video to the masses to empower women—and other, disadvantaged groups worldwide—who are not connected to the Net.
Some of Friday's midday movers:
Take a look at some of Wednesday's midday movers:
Netflix may have to make similar arrangements with other broadband providers to ensure customers get access to its streaming movies and TV shows.
Comcast and Netflix have agreed to a deal that would end slowness for the cable company's customers who view Netflix's video streams.
The latest cold blast is likely to add to the murky economic picture, which is already making it difficult for stocks to advance.
This is Talking Squawk, the official "Squawk Box" blog, providing tidbits, insights and sarcastic reflections.
Companies are making headlines before the bell Monday.
Friday's midday movers.
Take a look at some of Friday's midday movers:
U.S. stock index futures turned lower and interest rates spiked after the government reported a brighter-than-expected report on the labor market.
October's jobs report is expected to be one of the weakest of the year, distorted by the impact of the 16-day government shutdown.
We had a lot of fun on Halloween this year, and it's worth another look! "Talking Squawk" also looks at Apple's new iPad Air and Go Daddy driver Danica Patrick's new sponsor.
Washington politicians could slash the budget deficit by just tapping into the foreign profits of the top 20 American companies.
Some of the names on the move ahead of the open.