TITLE

Cable Stocks Just Can't Win for Losing

AUTHOR(S)
Farrell, Mike
PUB. DATE
January 2006
SOURCE
Multichannel News;1/9/2006, Vol. 27 Issue 2, p33
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on the financial performance and stock prices of several cable television operators in the U.S. as of January 9, 2006. Leading the list of stock decliners was Charter Communications Inc., which saw its stock dropped 45.3% ($1.01 per share) between January 3, 2005 and December 30, 2005 followed by Comcast, Mediacom Communications Corp. (-14.9%), Time Warner Inc. (-10.2%) and Cablevision (-5.8%). Insight Communications Co., which completed its plans to go private on December 16, 2005 was the sole MSO to show a gain for the year, up 26.2%.
ACCESSION #
19374434

 

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