No more 'Time Warner' name confusion


Time Warner Inc. (NYSE: TWX) sold out of its holdings of Time Warner Telecom (NASDAQ: TWTC) quite some time ago. Interestingly enough, Time Warner Telecom has gotten a free ride for keeping its name. Along with the spinoff's earnings tonight, Time Warner Telecom disclosed that it was finally going to change its name:
  • Time Warner Telecom has the right to use its current name until the end of June 2008. The Company expects to spend $6 to $7 million in 2008 for branding related costs, which includes up to $2 million in capital expenditures associated with the name change.
The truth is that this will be a positive development for all involved. Just ask anyone who had a Roadrunner account and had to change. Clients have a hard time accepting change, and having the dual "Time Warner" names out there was probably confusing to everyone involved. With the even more-recent Time Warner Cable (NYSE: TWC), this probably confused the issue even more.

One year ago I asked "when would change its name?" Now I know. Finally!

Jon Ogg is an editor and partner at 247WallSt.com.

Reader Comments (Page 1 of 1)

Symbol Lookup
IndexesChangePrice
DJIA-109.1312,781.33
NASDAQ-17.792,909.44
S&P 500-9.401,342.55

Last updated: February 10, 2012: 01:03 PM

Hot Stocks

General Electric

18.895-0.235(-1.23)

Alcoa

10.34-0.30(-2.82)

Apple Inc

496.30+3.13(+0.63)

Google Inc 'A'

606.88-4.58(-0.75)

Bank of America

8.095-0.085(-1.04)

Wal-Mart Stores

61.49-0.47(-0.76)

Exxon Mobil Corp

83.66-1.22(-1.44)

Ford

12.425-0.265(-2.09)

Citigroup

32.97-0.69(-2.05)

IBM

191.71-1.42(-0.74)

Yahoo

16.245+0.245(+1.53)

Starbucks

48.85-0.35(-0.71)

Microsoft

30.605-0.165(-0.54)

Home Depot

45.21-0.06(-0.13)

DailyFinance Headlines

Benzinga Headlines

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

DailyFinance BlackBerry App

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

BioHealth Investor Headlines

Page Loaded in 1328897011627 ms.