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Dec 9- Time Warner Cable's incoming chief executive Rob Marcus said on Monday he is in no hurry to sell the company, while Charter's CEO Tom Rutledge, a potential suitor, said the smaller company sees benefits in growing through acquisitions.
NEW YORK-- Incoming Time Warner Cable CEO Rob Marcus said Monday that the company's debt level is "prudent" at the current level, even as other cable TV companies are reportedly examining adding debt to acquire it. Charter is reportedly seeking a new debt package of $25 billion to finance its bid for Time Warner Cable.
NEW YORK, Dec 6- Top U.S. cable provider Comcast Corp has tapped JPMorgan Chase& Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter said. Representatives for Comcast and JPMorgan declined to comment.
Increased online grocery shopping presents a problem for producers of the candy, magazines and drinks.
*Exposed firms include Nestle, Mondelez, Coke, Pepsi, Time Warner. LONDON/ BERLIN, Nov 27- For consumers, one of the great things about shopping online is bypassing the queue to check out. In Britain, the country where e-commerce is most popular, about 13 percent of people do all or most of their grocery shopping online.
Nov 22- Time Warner Inc moved another step closer to spinning off its magazine assets as Time Inc, the publisher of People, Fortune and the eponymous newsweekly Time, filed with regulators on Friday to list itself as a standalone company. Following the spin off, Time Warner will own no equity interest in Time Inc..
Nov 22- Comcast Corp and Charter Communications have held preliminary talks to discuss a joint bid for No. 2 cable operator Time Warner Cable, Bloomberg reported on Friday, citing anonymous sources. Representatives from Comcast did not respond to requests for comments while a Charter spokesman and a Time Warner Cable spokeswoman declined to comment.
NEW YORK, Nov 22- U.S. stocks edged higher on Friday in the absence of economic data and ahead of a holiday-shortened week in the United States, a day after the Dow industrials closed above 16,000 for the first time.
NEW YORK, Nov 22- U.S. stocks were little changed on Friday amid a dearth of data and ahead of a holiday-shortened week in the United States, a day after the Dow industrials broke 16,000 for the first time.
Comcast shareholders are encouraging management to consider a Time Warner Cable deal, these sources told CNBC. Shares of Time Warner Cable jumped 7.3 percent to $129.71 in morning trading, while Comcast was up 3 percent at $48.85. Time Warner Cable prefers Comcast to buy it, the report said.
*Time Warner Cable up as Charter nears bank deal for bid. NEW YORK, Nov 22- U.S. stocks were set to tick up at the open on Friday after the Dow industrials closed above 16,000 for the first time, amid a dearth of data and ahead of a holiday-shortened week in the United States.
*Time Warner Cable up as Charter nears bank deal for bid. NEW YORK, Nov 22- U.S. stock index futures were little changed on Friday as investors paused after the Dow industrials closed above 16,000 for the first time, amid a dearth of data and ahead of a holiday-abbreviated week in the United States.
Talking Squawk showcases your favorite bands, the Obamacare mess and top stock pickers, while providing tidbits, insights and sarcastic reflections.
Billionaire value investor Mario Gabelli told CNBC Thursday that he sees big opportunities in media stocks, specifically Time Warner, News Corp, Viacom, and Discovery.
Tribune Co plans to cut 700 jobs, or about 6 percent of its workforce, mainly at its newspaper division.
Chief Executive Mike Perlis, in a memo to employees on Friday, said the company had hired Deutsche Bank to explore a sale of the company founded by financial newspaper columnist B.C. Forbes in 1917..
For Comcast subscribers, it would provide a way to purchase movies they can watch anytime through a TV, computer or mobile devices.
Nov 14- Viacom Inc reported a nearly 9 percent rise in fiscal fourth-quarter revenue on Thursday, driven by strong advertising growth at its cable networks and improved television ratings, but forecast weaker ad performance in the current quarter.
Nov 14- Viacom Inc reported a nearly 9 percent rise in fiscal fourth-quarter revenue on Thursday, driven by strong advertising growth at its cable networks and improved television ratings. Analysts noted that ratings at Viacom's Nickelodeon, MTV, Spike, BET and Comedy Central networks all increased in the quarter.
Nov 12- Dish Network Corp is closer to reaching a large-scale programming deal with Disney that would help the satellite TV provider avoid a possible blackout of popular networks such as ABC and ESPN, Chairman Charlie Ergen said on Tuesday.