CNBC's Dominic Chu reports Time Warner Cable shares have jumped on reports of an offer in the $150-$160 a share range.» Read More
Time Warner and Time Warner Cable said Wednesday they would split into two companies and pay Time Warner Cable shareholders a one-time $10.9 billion dividend.
This infrastructure play is making big moves into wind power. Get in before Wall Street catches on.
The CW's big hit is without a doubt "Gossip Girl." Talk about buzz. But it hasn't been enough to juice up ratings. But of course the CW is bringing it back on Monday nights followed by "One Tree Hill." An interesting note about "Gossip Girl": afraid that streaming the show has hurt its TV ratings this season it's not being offered online.
We have all had some miserable customer service experiences and as we sit on hold or try to navigate through yet another voice response system, we wonder how can these companies get away with this. In fact, a 2006 Harris Interactive Poll showed 40% of us would rather go to the dentist than deal with poor customer service. My most recent mind numbing experience with my phone company, Verizon, made me wonder if there is a way to translate this into investing opportunities. Here is what I found...
An agreement struck Wednesday could mean WiMax technology reaches 140 million people by 2010. How can you make ultra-fast money in the new ultra-fast wireless world?
Clearwire and Sprint Nextel are planning to merge their wireless broadband units to create a new $14.55 billion wireless communications company.
Dollar finally rallying today after a couple of down days. Metal commodities lower, but energy commodities flat. Modest pop in futures as first quarter productivity rose a better than expected 2.2% vs expectations of 1.5%.
Today in Time Warner's post-earnings conference call CEO Jeff Bewkes announced some interesting news about the company's new strategy about distributing home video. Warner Bros. will offer its DVD film titles on video-on-demand the same day they release the DVDs--what they call a "day and date" release in Hollywood.
Wall Street has been waiting for news on how Time Warner CEO Jeff Bewkes is going to shake up the company. Today investors didn't get too many details, but they did get affirmation that he's moving forward with the plan.
Time Warner plans to split off its cable services division to lift its sluggish stock price as it also reported quarterly earnings Wednesday that fell just short of Wall Street's expectations.
Even as the Fed meets, the street can't make up its mind about what the Fed should do. From discussions I've had, it's clear that the sentiment among some traders has shifted and continues to shift.
If Microsoft's play for a tiny chip of Facebook helped value the company at a staggering $15 billion, then AOL's play for social networking site Bebo makes perfect sense, even at $850 million.
The six largest cable companies are planning to form a jointly owned company that would allow national advertisers to buy customized ads and interactive ads across the companies’ systems.
Today, Time Warner reported its quarterly earnings and investors were very happy with what they heard on the post-earnings conference call. Jeff Bewkes, in his first call as Time Warner chief executive, presented his restructuring plan. Time Warner stock gained as much as 3% during the day, ending up about 2%...
Time Warner CEO Jeffrey Bewkes will announce restructuring efforts that include a plan to divest the media company's cable assets and to break up its AOL properties later in the year when he speaks to investors Wednesday, the Washington Post reported.
What do cheesecake and cable TV have in common? They're the signature products of two companies at the top of fund manager Michael Chren's list. Chren's Allegiant Large Cap Value Fund is up an average of 13.99 percent per year over the last five years. He gave CNBC his top stock picks.
Cable companies are down there with those Soviet food lines in bad reps for service. So it was with a resigned sense of doom yesterday that I called my cable operator, Time Warner (is that a national shudder I hear at just saying the name?). My digital video recorder/cable box was fried. No amount of unplugging and replugging ("rebooting") would bring it back to life.
EchoStar Communications, the second-largest U.S. satellite television operator, on Friday reported a rise in third-quarter profit but said subscriber growth slowed due to worsening economic conditions and increased competition.
Time Warner confirmed a CNBC report that Dick Parsons is stepping down as CEO and will be replaced by Chief Operating Officer Jeff Bewkes.
Two years after it successfully fought off the efforts of Carl Icahn and the plan authored by Lazard Frères to break apart Time Warner, the company seems ready to embrace it, CNBC's David Faber reports.