Time Warner Cable Earnings Miss; Charter Deal Seen

By | April 30, 2015

Scalper1 News

Time Warner Cable (TWC) posted Q1 earnings early Thursday that missed views though it added 30,000 video subscribers, as Morgan Stanley speculated that Charter Communications could pay up to $185 per share to acquire TWC. No. 2 cable firm TWC’s proposed takeover by No. 1 Comcast (CMCSA) was called off last week on opposition from the Department of Justice antitrust regulators. Time Warner Cable said Q1 earnings fell 7% from the year-earlier period Scalper1 News

Scalper1 News