While the FCC and cable companies battle over what kind of standard will replace the cable box rental model, some related news broke on Friday: The 2nd Circuit Court of Appeals affirmeda lower court’s ruling throwing out an antitrust case against Time Warner Cable (or TWC, now part of Charter) over its set top box rental procedures.
Investors who took positions in shares of Time Warner Inc. (NYSE:TWX) are riding high as the stock has performed solidly over the past few months, marking a 2.69% increase for the quarter. Drilling down, the stock is 4.00% for the past month and -1.70% for the week. Jim O’brien increased its stake in Time Warner Cable Inc (NYSE:TWC) by 59.06% based on its latest 2016Q2 regulatory filing with the SEC. Napier Park Global Capital Us Lp bought 81,811 shares as the company’s stock 0.00% . The hedge fund run by Jim O’brien held 220,328 shares of the television services company at the end of 2016Q2, valued at $45.08M, up from 138,517 at the end of the previous reported quarter. Napier Park Global Capital Us Lp who had been investing in Time Warner Cable Inc for a number of months, seems to be bullish on the $ market cap company. The stock last traded at $0 per share. It is down 6.00% since August 2, 2016 and is uptrending. It has underperformed by 9.57% the S&P500. Time Warner Cable is looking to fill 50 customer-service jobs at its call center in Zanesville. Interviews will take place from 2 to 7 p.m. Wednesday, Aug. 31, at 3940 Northpointe Dr., in Zanesville. Goldentree Asset Management LP Increased Time Warner INC (NYSE:TWX) by $15.40 Million as Shares Rose8/29/2016 Steven Tananbaum increased its stake in Time Warner Inc (NYSE:TWX) by 74.26% based on its latest 2016Q2 regulatory filing with the SEC. Goldentree Asset Management Lp bought 213,850 shares as the company’s stock rose 11.75% with the market. The hedge fund run by Steven Tananbaum held 501,807 shares of the television services company at the end of 2016Q2, valued at $36.41 million, up from 287,957 at the end of the previous reported quarter. Goldentree Asset Management Lp who had been investing in Time Warner Inc for a number of months, seems to be bullish on the $61.36 billion market cap company. The stock decreased 0.71% or $0.57 during the last trading session, hitting $79.24. About 3.22M shares traded hands. Time Warner Inc (NYSE:TWX) has risen 13.61% since January 25, 2016 and is uptrending. It has underperformed by 0.32% the S&P500. Time Warner Inc (TWX) : Mrj Capital Inc added new position in Time Warner Inc during the most recent quarter end. The investment management firm now holds 44,400 shares of Time Warner Inc which is valued at $3,576,420 , the company said in a statement filed on Aug 11, 2016 with the SEC.Time Warner Inc makes up approximately 2.34% of Mrj Capital Inc’s portfolio. Time Warner Inc. (NYSE:TWX)‘s stock had its “buy” rating restated by research analysts at Jefferies Group in a research note issued to investors on Thursday. A double-header on Sept. 1 in the Carrier Dome will start Time Warner Cable Sport's 2016 high school football television schedule. Kickoff Classic games featuring Henninger vs. Cicero-North Syracuse (5 p.m.) and Marcellus vs. Westhill (8 p.m.) begin a season which will usually involve weekly game telecasts on Thursday and Friday nights. Suicide Squad has generated over $500 million in worldwide grosses since its Aug. 5 debut. Credit: Warner Bros. For all the talk about box office failures for Time Warner, Inc. (NYSE: TWX), you'd think the stock would be sinking like a stone. Instead, it's soaring like an eagle. Shares of the DC Comics parent are up nearly 25% year to date on positive trends in the business -- though you wouldn't know it to look at the second-quarter results. CHARLOTTE, NC (WJZY) - Say goodbye to Time Warner Cable Arena, the home of the Charlotte Hornets is receiving a new name. Hornets Sports & Entertainment and Charter Communications made the announcement Wednesday that the arena in Uptown will be renamed “Spectrum Center.” |