TITLE

Q3 Results at No. 1 Operator Send Cable Stocks Tumbling

AUTHOR(S)
Farrell, Mike
PUB. DATE
October 2007
SOURCE
Multichannel News;10/29/2007, Vol. 28 Issue 43, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the cable operators stock survey as the lowest point since 2002 in the U.S. Time Warner Cable which is scheduled to release earnings on November 7, 2007 has encountered a problem in integrating the acquired systems from Adelphia Communications. Moreover, Time Warner Inc. has hit a 52-week low which dipped to $17.60 per share before closing to $17.71. The downturn has started after Comcast has revealed that it has lost 65,000 basic customers in the period.
ACCESSION #
27338230

 

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