Bill Ackman, who is betting $1.16 billion that Herbalife is a fraud, spent $264,000 in 2013 on lobbyists to press his case against the company.» Read More
CBS will air eight Thursday night National Football League games during the 2014 season.
Feb 5- Time Warner Inc reported better-than-expected quarterly profit and revenue on Wednesday, helped by the success of the space thriller "Gravity" released by its movie studio, and shed light on the performance of its cable units. Time Warner Chief Executive Jeff Bewkes said in a statement that HBO recorded its biggest gain in domestic subscribers in 17 years.
U.S. stock index futures signaled a lower open on Wednesday, as Wall Street considered the ADP employment report.
Some of the names on the move ahead of the open.
Feb 5- Time Warner Inc reported better-than-expected quarterly profit and revenue, helped by the success of the space thriller movie "Gravity" released by its Warner Bros movie studio. Time Warner, which also benefited from growth in its Home Box Office premium TV service in the fourth quarter, forecast a 2014 profit of $3.51 per share, excluding Time Inc..
Time Warne reported a better-than-expected 5 percent rise in revenue, helped by growth in its movie studio business and Home Box Office.
Feb 5- Time Warner Inc reported a better-than-expected 5 percent rise in quarterly revenue, helped by growth in its Warner Bros movie studio business and premium TV service Home Box Office. Revenue rose to $8.56 billion in the fourth quarter, from $8.16 billion a year earlier.
Time Inc is reorganizing itself and consolidating oversight as it prepares to spin off from its corporate parent Time Warner, according to a memo to staff.
NEW YORK, Feb 4- Time Inc Chief Executive Officer Joe Ripp is reorganizing the structure of the world's largest magazine publisher and consolidating oversight as it prepares to spin off from its corporate parent Time Warner, according to a memo to staff on Tuesday.
In his new book, "Get Rich Carefully," CNBC's Mad Money host Jim Cramer tells how to find value stocks in hot industry, tech and service sectors.
The likely bump reflects feedback from Time Warner Cable investors Charter has received in its two-week roadshow, that person added. Time Warner shares were up 2 percent in after-hours trading at $136 following Reuters' report on the higher bid possibility. Representatives for Charter, Comcast and Time Warner Cable declined to comment.
Traders await Friday's jobs report and watch emerging markets to see if the selloff can be contained.
Talking Squawk, the "Squawk Box" blog, provides tidbits, insights and sarcastic reflections on the WEEK THAT WAS and the WEEK TO COME.
Apologies to Harry Potter fans, but J.K. Rowling doesn't belong on the CNBC list of the top 25 business movers and shakers over the last 25 years.
When asked about Charter's $132.50 rejected bid earlier in January, Marcus reiterated that Time Warner Cable is only interested in an offer above $160 per share, and would be "willing to engage" if a deal drives more shareholder value than the company can create on its own.
CEO Rob Marcus, who took over Jan. 1, kicked off the conference call saying he is committed to creating shareholder value and that Charter's recent bid to acquire Time Warner Cable significantly undervalues our company. Marcus also dismissed the notion that Time Warner Cable is behind Charter in any way.
Jan 30- Time Warner Cable Inc, which recently rejected a takeover offer from Charter Communications Inc, posted better-than-expected quarterly results as its high-speed data subscribers opted for expensive plans.
In meetings with Time Warner Cable shareholders, Rutledge, 60, and his management team have pledged to revive the fortunes of the second-largest U.S. cable operator. Time Warner Cable suffers from one of the industry's poorest customer service records, has lost subscribers at a higher rate than other large operators, and lags in the rollout of new technology.
It is a landmark location and will be kind of the heart of New York, says Stephen Ross, The Related Companies founder & chairman discussing the development of Hudson Yards in New York City.
Jan 28- Comcast Corp on Tuesday reported that it added more video subscribers than expected in the fourth quarter and beat cash flow estimates at its NBC Universal media unit, sending shares up more than 1 percent.