GO
Loading...

DIRECTV

More

  • WASHINGTON, April 24- Comcast Corp's failed bid to buy Time Warner Cable Inc is the latest muscle flex by U.S. antitrust enforcers and will likely deter chief executives from pursuing aggressive transactions as a way to spend excess cash. Comcast, which had barely convinced regulators to allow it to buy NBC Universal four years ago, folded under pressure from the...

  • NEW YORK— In the aftermath of Comcast's decision to walk away from buying Time Warner Cable, some winners and losers are emerging. The breakdown of the deal is being seen as a blow to Comcast and the cable industry in general. A major worry for regulators was that a bigger Comcast would be able to choke the online video industry.

  • NEW YORK— What killed Comcast's $45 billion bid for Time Warner Cable? The Justice Department said that Comcast dropped its bid because of regulators' concerns that the Philadelphia- based cable giant would become an "unavoidable gatekeeper" for Internet services. One of the concerns consumer advocates and competitors had with the Comcast deal was that it...

  • NEW YORK— Even if Comcast's $45.2 billion bid for Time Warner Cable is dead, consolidation among the companies that pipe in our TV, phone and Internet will carry on. Bloomberg News and The New York Times both said Thursday that Comcast is planning to drop its bid, citing unidentified people with knowledge of the matter. Comcast and Time Warner Cable declined to...

  • NEW YORK— Wall Street appears increasingly convinced Comcast's $45.2 billion purchase of Time Warner Cable is dead. A telling indicator is the gap between the value Comcast's all-stock bid assigned to each Time Warner Cable share and Time Warner Cable stock's current price. Buying Time Warner Cable would give Comcast millions of Internet and TV customers in...

  • AT&T gained 3 percent Thursday after the company said it expects bigger savings from its proposed purchase of satellite TV company DirecTV. PulteGroup sank 8 percent after reporting income that was well below what analysts were expecting. The price of crude oil rose $1.98 to $58.10 a barrel in New York.

  • April 23- Investment bank and asset manager Lazard Ltd reported a better-than-expected quarterly profit as a jump in corporate dealmaking boosted its M&A advisory fees. M&A and other advisory fees for Lazard, the sole adviser to H.J. Some of the other ongoing big deals that Lazard is part of include AT&T Inc's $67.1 billion bid for DirecTV and Pfizer Inc's $17...

  • April 23- Investment bank and asset manager Lazard Ltd reported a better-than-expected quarterly profit as a jump in corporate dealmaking boosted its M&A advisory fees. M&A and other advisory fees for Lazard, the sole adviser for H.J. The other ongoing big deals that Lazard is part of include AT&T Inc's $67.1 billion bid for DIRECTV and Pfizer Inc's $17 billion...

  • April 22- AT&T Inc on Wednesday reported better-than expected earnings and said fewer wireless customers switched to other networks at a rate not seen in any first quarter. The company, awaiting regulatory approval for its $48.5 billion proposal to buy DirecTV, sees additional cost savings of more than double than it previously forecast from the deal.

  • UPDATE 2-AT&T profit beats Street estimates, shares rise Wednesday, 22 Apr 2015 | 5:37 PM ET

    April 22- AT&T Inc on Wednesday reported quarterly profit that beat Wall Street estimates and said its subscribers switched to other networks at a lower rate. They closed at $32.86 on the New York Stock Exchange. The second-largest U.S. wireless carrier posted net income of $3.2 billion, or 61 cents per share, in the first quarter ended March 31, compared with $3.65...

  • AT&T expects bigger DirecTV savings, says 'churn' fell Wednesday, 22 Apr 2015 | 4:13 PM ET

    DALLAS— AT&T Inc. said Wednesday it expects bigger savings from its proposed purchase of satellite TV company DirecTV, and shares of the second-largest U.S. wireless carrier rose in aftermarket trading. The Dallas company said it now thinks it can achieve $2.5 billion in annual savings from the DirecTV deal within three years of closing.

  • Track record in deals may be hitch for Comcast, TWC Wednesday, 22 Apr 2015 | 10:44 AM ET
    David L. Cohen, executive vice president of Comcast, and Robert D. Marcus, chairman and CEO of Time Warner Cable, testify during a House Judiciary Committee hearing on the proposed merger of Time Warner Cable and Comcast, on Capitol Hill, May 8, 2014 in Washington, DC

    Comcast’s record of compliance is now in the spotlight as regulators scrutinize its proposed takeover of Time Warner Cable.

  • WASHINGTON, April 21- U.S. Federal Communications Commission officials studying the proposed merger of Comcast Corp and Time Warner Cable Inc are scheduled to brief FCC commissioners' staff on their review on Wednesday, according to two sources familiar with the plan. Comcast's merger with Time Warner Cable would combine the nation's two largest cable...

  • NEW YORK— Verizon is defending its new, cheaper cable packages that let customers choose groups of channels as media companies protest. Francis Shammo, Verizon's chief financial officer, said in a conference call Tuesday that the new packages are allowed "under our existing contracts." Fox Sports, owned by 21st Century Fox, says Verizon's new packages also...

  • NEW YORK, April 14- AT&T Inc and three cable and wireless trade groups filed separate lawsuits on Tuesday challenging the U.S. Federal Communications Commission over its new web traffic regulations. The suit comes even as the No.2 U.S wireless company's proposed $48.5 billion acquisition of satellite TV operator DirecTV is under FCC review.

  • Lightning Round: Don't mess with this CEO Thursday, 9 Apr 2015 | 7:23 PM ET
    Mad Money Lightning Round

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • DirecTV drops Rob Lowe ads amid complaints Wednesday, 8 Apr 2015 | 11:10 AM ET
    Rob Lowe in a DirecTV ad

    DirecTV is reportedly ending its advertising campaign with actor Rob Lowe as the series' claims were ruled unsubstantiated.

  • Dodgers CEO on TV shutout: 'It's a difficult blow' Monday, 6 Apr 2015 | 4:54 PM ET
    Los Angeles Dodgers’ Joc Pederson runs to second base during a game against the Chicago Cubs in Chicago, Sept. 21, 2014.

    Time Warner Cable hasn't come to terms to carry the SportsNet LA channel. So Dodgers fans can't watch.

  • WASHINGTON, March 23- The U.S. Supreme Court on Monday agreed to hear an appeal filed by DirecTV Inc concerning the satellite television provider's efforts to enforce arbitration agreements its customers in California have signed. The litigation dates back to 2008 when Amy Imburgia and Kathy Grenier filed class action lawsuits saying that DirecTV had...

  • Cord-cutters: Why it's Apple's new key demographic Tuesday, 17 Mar 2015 | 3:07 PM ET
    Watching TV

    The rise of cord-cutting will bring huge changes in TV viewing. Apple already controls our phones. Will it also take control of our TVs?