time warner cable posts
FeedPosted Nov 2nd 2010 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Boeing Co (BA), Analyst Initiations, Marvell Technology Group (MRVL), Time Warner Cable (TWC), DreamWorks Animation (DWA)
Analyst Upgrades
- Time Warner Cable (TWC) was upgraded to outperform from market perform at Bernstein.
- Citigroup upgraded MEMC Electronic (WFR) and Skilled Healthcare (SKH) to buy from hold at Citigroup.
- Administaff (ASF) was upgraded to buy from hold at Roth Capital.
- The Buckle (BKE) was upgraded to buy from hold at KeyBanc.
- BofA/Merrill upgraded DreamWorks (DWA) to neutral from underperform.
- Corrections Corp. (CXW) was upgraded to buy from neutral at SunTrust.
- Marvell Technology (MRVL) was upgraded to positive from neutral at Susquehanna.
Continue reading Analyst Calls: ARO, BA, BKE, DWA, MRVL, SGEN, TWC, WFR ...
Posted Oct 19th 2010 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Starwood Hotels Worldwide (HOT), Marriott Intl'A' (MAR), Analyst Initiations, Time Warner Cable (TWC)
Analyst Upgrades
- JPMorgan upgraded Dollar Tree (DLTR) to neutral from underweight and $48 price target.
- Credit Suisse upgraded Time Warner Cable (TWC) to outperform from neutral and raised its price target to $70 from $59, citing growth in wireline HST demand.
- Needham upgraded NetScout (NTCT) to buy from hold with a $29 price target, citing channel checks that indicate industry spending on network monitoring software may be improving.
- Nstar (NST) was upgraded to buy from neutral at BofA/Merrill.
- Novo Nordisk (NVO) was upgraded to hold from sell at Societe Generale.
- Air France-KLM (AFLYY) was upgraded to neutral from underperform at Credit Suisse.
Continue reading Analyst Calls: DLTR, FLR, H, HOT, MAR, NTCT, NVO, RNOW, TWC, VECO, VMC ...
Posted May 10th 2010 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst Initiations
Analyst Upgrades
- Susquehanna upgraded Yahoo! (YHOO) to positive from neutral. The firm, which has a $19 price target on the stock, cites the steep decline in shares for the upgrade.
- UBS upgraded Time Warner Cable (TWC) to buy from neutral. The firm believes fears regarding FCC reclassification of broadband are "overblown" and that industry fundamentals are bullish. The firm has a $57 target on the stock.
- Keefe Bruyette upgraded Stifel Financial (SF) to outperform from market perform on valuation following the recent pullback in shares. The firm has a $64 price target for the stock.
- Boeing (BA) was upgraded to conviction buy from neutral at Goldman.
- RBC Capital upgraded Southern Union (SUG) to sector perform from underperform.
- Rubicon Technology (RBCN) was upgraded to outperform from perform at Oppenheimer.
Continue reading Analyst Calls: BA, GR, MCO, RAX, SF, SSNC, SXE, TWC, WAG, YHOO ...
Posted Nov 10th 2009 2:00PM by Tom Taulli (RSS feed)
Filed under: Competitive Strategy, Google (GOOG), Sprint Nextel Corp (S)
The vision of Clearwire (CLWR) is definitely ambitious: to "give you faster Internet at home, at work and on the go, so that people everywhere will have the magic of the Internet with them all the time." This means building a sophisticated network across the country, which does not come cheap.
Tuesday, Clearwire announced yet another financing round, which comes to $1.56 billion. The investors include Sprint Nextel (S), Comcast (CMCSA), Time Warner Cable (TWC), Intel (INTC), Eagle River Holdings LLC, and Bright House Networks LLC.
Continue reading Clearwire nabs $1.5 billion
Posted Jul 1st 2009 4:20PM by Steven Mallas (RSS feed)
Filed under: Television, General Electric (GE), Walt Disney (DIS), CBS Corp 'B' (CBS), Comcast Cl'A' (CMCSA), News Corp'B' (NWS), Time Warner Cable (TWC), Media World

Julia Boorstin covered an interesting topic over at
CNBC.com the other day. The Supreme Court, by electing not to review a case involving
Cablevision (NYSE:
CVC), essentially said that cable companies such as
Comcast (NASDAQ:
CMCSA) and
Time Warner Cable (NYSE:
TWC) can pursue digital video recorder (DVR) storage on cable-system servers. By doing this, a perceived barrier to entry for subscribing to DVR has been eliminated: you don't have to deal with a clunky box. Cable should theoretically see an increase in customers who adopt DVR technology if remote storage is exploited.
Well, as Boorstin rightly points out, CBS (NYSE: CBS), Disney's (NYSE: DIS) ABC, General Electric's (NYSE: GE) NBC, and News Corp.'s (NASDAQ: NWS) Fox do need to worry. These DVR technologies basically translate to a drop in the economic value of advertising. Let's face it: who watches commercials when they don't have to?
Continue reading DVR and content companies: What should the broadcasters do?
Posted Mar 30th 2009 6:00PM by Beth Gaston Moon (RSS feed)
Filed under: Google (GOOG), Viacom (VIA), AT and T (T), Comcast Cl'A' (CMCSA), Verizon Communications (VZ), Time Warner Cable (TWC)

Right now, over at
Hulu.com -- a joint project of
News Corp. (NYSE:
NWS) and
General Electric Company's (NYSE:
GE) NBC Universal, viewers can check out recent editions of, for example,
The Daily Show or
Man Caves, among many other programs normally viewed on cable networks such as Comedy Central or the DIY Network. Viewers need a computer and a high-speed Internet connection to catch these programs, but they
don't need a cable subscription (or even a television!).
Continue reading Cable companies working to curb free online TV
Posted Feb 17th 2009 2:51PM by Beth Gaston Moon (RSS feed)
Filed under: Time Warner (TWX), Time Warner Cable (TWC)

Thanks to Jason Voorhees and Jennifer Aniston, Time Warner (NYSE:
TWX) had a very successful weekend at the box office,
as Steven Mallas
pointed out earlier. It was a different story, however, for Time Warner Cable (NYSE:
TWC), which quickly saw a nice offer unravel into a customer-service nightmare.
For Valentine's weekend, the company had
offered its Southern California customers a so-called "1 Cent Love N' Movies Deal," featuring 40 movies on demand for a penny each. Titles included romantic favorites such as
Eternal Sunshine of the Spotless Mind, Sixteen Candles, and
Love Actually, along with some newer titles including
Burn After Reading.
So what's the problem?
According to the
OC register, the promotion "attracted three times more viewers than the company anticipated," leading to movies that were unable to be watched. Angered customers can call customer service and receive a coupon good for one one-penny movie. But, as the
register points out, the coupon will only be sent to those proactive enough to call in.
Additionally, this fiasco puts the promotion into the news, likely prompting Midwesterners and East-Coasters to wonder why they, too, weren't deemed worthy of such "special" treatment?
Beth Gaston Moon works for WeSeed.com. The above comments are not intended as trading or investment advice.Posted Feb 3rd 2009 5:00PM by Michael Fowlkes (RSS feed)
Filed under: Earnings Reports, Yahoo! (YHOO), Time Warner (TWX), Marketing and Advertising, Employees, Time Warner Cable (TWC), Technology, Recession
Time Warner (NYSE:
TWX) will be announcing earnings for its fourth quarter tomorrow before the market opens. Analysts expect to see the company show earnings of $0.27 per share, which would be slightly lower than the $0.29 a share that the company posted for the same period last year.
Last month the company issued a profit warning, and predicted an operating loss for Q4 and full year 2008. The company stated that it expects to have roughly a $25 billion write down on its cable, publishing and AOL assets. Of this $25 billion, $15 billion is related to its spin off of
Time Warner Cable (NYSE:
TWC) and the remaining $10 billion will be associated with its publishing and AOL division.
Continue reading Earnings Preview: Can Time Warner (TWX) show strong earnings in Q4?
Posted Nov 22nd 2008 2:10PM by Lita Epstein (RSS feed)
Filed under: Management, Law, Television, Time Warner Cable (TWC)
This post is part of a feature in which he wonder whatever happened to some notorious financial felons. See all 17.
John Rigas used Adelphia, which at one time was the fifth largest broadcasting and cable TV company, as his personal piggy bank, ultimately driving the company into bankruptcy. He founded the company with his son, Timothy Rigas, who was also charged in the scheme. The Rigases stole $100 million from the company so they could buy luxurious personal residences, trips, and other items to enable them to live a life of luxury on the purse strings of the shareholders.
In 2004, John and Timothy Rigas were found guilty of concealing $2.3 billion in loans, which were hidden in small companies left off Adelphia's books. The SEC charged them with hiding that debt and inflating Adelphia's earnings to meet Wall Street expectations between 1998 and 2002. They also were charged with falsifying company statistics and concealing blatant self-dealing with members of the Rigas family, which had a controlling interest in Adelphia. In 2005, John Rigas was sentenced to 15 years in prison and Timothy Rigas was sentenced to 20 years. At the time of the sentencing John Rigas was 80 years old and Timothy Rigas was 49 years old.
Continue reading Financial Felons: John Rigas
Posted Aug 31st 2008 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Economic Data
While the earnings crunch for this quarter is all but over, there is still plenty of action in the earnings arena this coming week. For instance, analysts surveyed by Thomson Financial are expecting America's Car Mart Inc. (NASDAQ: CRMT) and Campbell Soup Co. (NYSE: CPB) to be among this week's top earnings gainers.
Bentonville, Ark.-based America's Car Mart is expected to post net income of 38 cents per share (up 52.6% from the same period a year ago) on revenue of $73.8 million (up 25.8%). The used car dealer chain has tended in recent quarters toward positive surprises -- by 21 cents per share, or 73.5%, in the previous quarter. The long-term EPS growth forecast is 15%, about the same as the S&P 500. The consensus recommendation of analysts is to buy CRMT.
Campell is tentatively scheduled to report this week, and the world's biggest soup maker is expected to post net income of 25 cents per share (up 44.0% from a year ago) on revenue of $1.7 billion (up 7.5%). The Camden, N.J.-based company has just missed earnings estimates in the past three quarters. Its long-term EPS growth forecast is 7.5%, which is less than the industry average, but about the same as rivals Kraft Foods (NYSE: KFT) and Heinz (NYSE: HNZ). The analysts' consensus recommendation is currently to buy Campbell.
Other anticipated double-digit earnings gainers scheduled to report this week include brand name apparel maker Guess Inc. (NYSE: GES), mining equipment maker Joy Global (NASDAQ: JOYG), and chip maker National Semiconductor (NYSE: NSM). And Take-Two Interactive Software (NASDAQ: TTWO) is expected to swing to a profit.
Continue reading The week in preview: Have consumers turned to comfort food and used cars?
Posted Aug 6th 2008 10:25AM by Peter Cohan (RSS feed)
Filed under: Earnings Reports, Time Warner (TWX)
The Associated Press reports that BloggingStocks' parent, Time Warner (NYSE: TWX), beat Wall Street expectations by a penny a share. But its profit was still down -- 26% thanks to declining subscriber fees at AOL and lower advertising revenues at magazines like Time and Sports Illustrated.
But after adjusting for one-time gains, Wall Street was expecting Time Warner to make 23 cents a share and it actually earned a penny more. In addition, revenues rose 5% to $11.6 billion, 1.2% more than expected.
The bad news is that AOL's subscription revenue fell 29% which drove a 36% decline in operating income. As I posted, the 2006 change in strategy to emphasize advertising over subscriptions has not been able to make up for $2 billion in lost revenue. Advertising revenue rose a mere 2% to $530 million -- not enough to make up the difference.
What does the future hold? Time Warner is selling the 84% of its cable operations that it still owns to shareholders later in 2008. Cable's revenues grew 7% on "increases in cable, Internet phone and video-on-demand fees." And it is trying to sell the dial-up portion of AOL to Earthlink (NASDAQ: ELNK).
Continue reading Time Warner beats expectations, but stock falls as investors wonder where growth will come from
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