Mergers have hit a level not seen since the financial crisis, and there is a way for investors to profit from the M&A frenzy—in one trade.» Read More
WASHINGTON, Aug 26- AT&T Inc is merging its wireless and business divisions into a single unit led by Ralph de la Vega, former chief executive of the company's wireless segment, a spokesman for AT&T said on Tuesday.
TWC will pay $1.1 million to resolve a FCC probe that found the cable and Internet provider did not properly report multiple network outage.
WASHINGTON, Aug 26- Time Warner Cable Inc will pay $1.1 million to resolve a Federal Communications Commission investigation that last year found the cable and Internet provider did not properly report multiple network outages, the regulators said this week. Time Warner Cable submitted all missing reports by November 8, 2013, the FCC said.
Among the potential harms that DISH identified in the merger are "discriminatory data caps," and "restriction of third-party online rights."
Some of the names on the move ahead of the open.
WASHINGTON, Aug 22- U.S. communications regulators on Friday asked Comcast Corp for additional details about its video and broadband operations, including its web traffic management practices, to review the company's proposed merger with Time Warner Cable Inc..
Aug 12- Network equipment maker JDS Uniphase Corp forecast first-quarter adjusted revenue and profit below market expectations, sending its shares down as much as 7.6 percent in extended trading. On an adjusted basis, the company expects profit to range between 8 cents and 12 cents per share on net revenue of $405- $425 million in the first quarter ending Sept. 27.
The M&A wave could be a harbinger of a booming economy...or a collection of last-minute attempts to beat higher debt rates. NYT reports.
*Time Warner posts higher-than-expected profit, sets buyback. Aug 6- Time Warner Inc will not have to worry about any overtures from Twenty-First Century Fox for the foreseeable future. We have no plans to pursue any other third party content company as an alternative to Time Warner. "
Twenty-First Century Fox reported a rise in quarterly revenue, helped by the box office success of films and growth in its cable network business.
Thanks to Rupert Murdoch's recent overture, Time Warner shares have traded more on drama than fundamentals. That may be about to change.
Aug 6- Time Warner Inc Chief Executive Jeff Bewkes opened his remarks during the company's second quarter earnings call on Wednesday vowing he would not discuss Twenty-First Century Fox's stunning turnabout to pull its offer to buy Time Warner.
Aug 5- Rupert Murdoch's Twenty-First Century Fox decided to pull its $80 billion offer to buy Time Warner Inc on Tuesday, abandoning plans to create one of the world's largest media conglomerates.
CNBC's Dominic Chu reports 21st Century Fox has pulled its bid to buy Time Warner. Fox says Time Warner board and management refused to engage with the company to explore its offer.
With earnings from Time Warner and Twenty-First Century Fox this week, investors will be listening for what the reports mean for a potential deal.
Rupert Murdoch's Twenty-First Century Fox is expected to make an aggressive case for merging with Time Warner during its quarterly earnings call.
Aug 4- Rupert Murdoch's Twenty-First Century Fox Inc is expected to make an aggressive case for merging with Time Warner Inc during its quarterly earnings call on Wednesday, though people familiar with the company's plans have said it would not use that forum to raise its bid.
*Investors fret over Argentina default fallout. NEW YORK, July 31- U.S. stocks slumped in a broad decline on Thursday, with the Dow and S&P 500 turning negative for July on concerns over the strength of overseas economies and ongoing tensions with Russia.
*Investors fret over Argentina default fallout. NEW YORK, July 31- U.S. stock index futures pointed to a sharply lower Wall Street open Thursday, with the Dow and S&P 500 likely to turn negative for the month on concerns over the strength of overseas economies and ongoing tensions with Russia.
July 31- Time Warner Cable Inc, the second-largest U.S. cable operator, lost more video subscribers in the second quarter compared with the previous quarter.