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Time Warner Inc

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  • June 1- Time Warner Cable Inc said Chief Financial Officer Arthur Minson would step down effective immediately, less than a week after Charter Communications Inc agreed to buy the company for $56 billion. Minson, popularly known as "Artie," was a deputy chief financial officer at Time Warner Cable from 2007 to 2009. He returned to the company in 2013 after a stint at...

  • CA Inc names Xbox co-founder as tech chief Monday, 1 Jun 2015 | 11:56 AM ET

    June 1- Business software maker CA Inc appointed Otto Berkes, one of the four founders of Microsoft Corp's Xbox console, as chief technology officer. Berkes was most recently the technology chief at Time Warner Inc's HBO and worked on the development of HBO GO amongst other things. Before joining HBO, Berkes spent 18 years at Microsoft.

  • LOS ANGELES— Dwayne "The Rock" Johnson out-muscled the competition at domestic movie theaters as the earthquake epic "San Andreas" hauled in an estimated $53.2 million over the weekend. It was Johnson's biggest debut for a non-sequel as the top-billed actor, according to box office tracker Rentrak. The action star helped the movie over-perform on the West Coast...

  • *Traders take profit after institutional month-end buying. *Corporate supply sends 30- year yields higher. NEW YORK, May 28- Long-dated U.S.

  • *Time Warner Cable's shares up 7.1 pct, Charter up 2.7 pct. May 26- Charter Communications Inc's $56 billion bid to remake the U.S. cable television industry by acquiring larger rival Time Warner Cable Inc will try to skirt the regulatory obstacles that helped sink Comcast Corp's earlier bid for Time Warner Cable. The transaction faces a close review from the...

  • *Charter agrees to buy Time Warner Cable in $56 bln deal. PARIS, May 26- Patrick Drahi, the billionaire owner of deal-hungry European telecoms group Altice, will not let missing out on Time Warner Cable dissuade him from further expansion in the United States, people familiar with the situation said. Taking his first step across the Atlantic last week by agreeing to...

  • Spanish and Greek concerns peg back European shares Tuesday, 26 May 2015 | 6:45 AM ET

    *Ryanair's shares rise after airline's profits surge. LONDON, May 26- European stock markets stumbled on Tuesday, as Greece's debt problems and a battering for Spain's government in local elections offset a rise in airline shares. Irish airline Ryanair surged 6.3 percent after posting higher profits.

  • Top 10 highest-paid CEOs Tuesday, 26 May 2015 | 6:00 AM ET

    1. David Zaslav, Discovery Communications, $156.1 million, up 368 percent. 2. Leslie Moonves, CBS, $54.4 million, down 17 percent. 3. Philippe Dauman, Viacom, $44.3 million, up 19 percent.

  • Media CEOs dominate ranks of top-paid executives Tuesday, 26 May 2015 | 6:00 AM ET

    The best-paid chief executive of a large American company was David Zaslav, head of Discovery Communications, the pay-TV channel operator that is home to "Shark Week." Les Moonves, of CBS, held on to second place in the rankings, despite a drop in pay from a year earlier. The remaining four CEOs, from entertainment giants Viacom, Walt Disney, Comcast and Time Warner, have...

  • NEW YORK— The stock market endured its worst day in three weeks on Tuesday as investors fretted over Greece's debt crisis and a surge in the U.S. dollar. Time Warner Cable rose after agreeing to be acquired by Charter Communications for $55 billion. Time Warner closed up $12.42, or 7 percent, to $183.60.

  • Disney's expensive fantasy adventure essentially had Memorial Day weekend to itself, and still only pulled in a modest $41.7 million in its first four days in theaters according to Rentrak estimates on Monday. Disney put their full weight behind the Brad Bird- directed film with an ambitious George Clooney- led promotional campaign. Rentrak's Senior Media...

  • Lightning Round: This is a one way ticket down Thursday, 21 May 2015 | 7:18 PM ET
    Mad Money Lightning Round

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

  • *Altice also interested in Time Warner Cable- sources. In addition to Suddenlink, the seventh-largest U.S. cable player, Altice has also approached No.2 provider Time Warner Cable over a deal, sources said, creating a potential bidding war with John Malone's Charter Communications. Altice Chief Executive Dexter Goei declined to comment on Time Warner, saying...

  • Why Netflix is at $600 Monday, 18 May 2015 | 11:06 AM ET
    The Netflix Inc. website displays the 'House of Cards' series.

    Here's the real reason why Netflix is at $600, says Michael Yoshikami.

  • A cappella girls beat homicidal robot at box office Monday, 18 May 2015 | 8:27 AM ET
    The Avengers unite against Ultron in the film “Avengers: Age of Ultron.”

    "Pitch Perfect 2" hit all the right notes at the box office, snagging first place on the charts with $70.3 million debut.

  • Congress should pass an open-Internet law NOW Friday, 15 May 2015 | 3:30 PM ET
    Neon open sign

    Before the presidential race heats up, Congress should pass an open-Internet law, says Jamal Simmons.

  • Why the FTC is wrong about our merger: Sysco CEO Friday, 15 May 2015 | 12:02 PM ET
    Sysco tractor-trailers sit parked outside the company's distribution center in Louisville, Ky.

    Sysco's CEO says the FTC, which is suing to block the company's merger with US Foods, has it all wrong.

  • Ergen: Dish Network wireless win good for taxpayers Thursday, 14 May 2015 | 11:30 AM ET
    Charles Ergen

    Dish Network's controversial bids in a recent wireless spectrum auction are a net positive for American taxpayers, Charlie Ergen tells CNBC.

  • AOL's Armstrong charted bumpy path to big Verizon sale Tuesday, 12 May 2015 | 6:54 PM ET

    May 12- AOL Inc Chief Executive Tim Armstrong's six year path to transforming the venerable dial-up Internet provider into a marketable mobile ad specialist was filled with bumps. Perhaps most infamously, Armstrong publicly blamed an AOL employee's "distressed baby" as the reason for the company's escalating health care costs. Verizon's offer- at a premium of...

  • Floyd vs Manny pay-per-view raked in over $400M Tuesday, 12 May 2015 | 3:42 PM ET
    Floyd Mayweather and Manny Pacquiao during their world welterweight championship bout at MGM Grand Garden Arena, May 2, 2015.

    The networks said revenue was mainly driven by pay-per-view purchases in the United States, where the fight was bought 4.4 million times.