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Comcast And Time Warner Work To Save Merger
2015-04-21 00:41:12| Telecom - Topix.net
David L. Cohen, Executive Vice President of Comcast, and Robert D. Marcus, Chairman and CEO of Time Warner Cable, prepare to take their seats prior to the start of a House Judiciary Committee hearing on the proposed merger of Time Warner Cable and Comcast, on Capitol Hill, May 8, 2014 in Washington, D.C. The proposed merger would combine the two largest U.S. cable companies and give Comcast about 30 million subscribers in the United States. This week, Comcast and Time Warner will sit down with Justice Department officials in the hopes of keeping their $45.2 billion merger alive.
Earnings Time Bomb For 9 Stocks: A 'Weighty Matter'
2015-04-20 17:10:41| Air Courier - Topix.net
As of January 2015, a new dimensional weight pricing model was adopted by two dominate e-commerce parcel shipping companies . Some private company CEOs are saying prices are up as much as 30% which includes an average 4.9% annual rate high, various residential and fuel cost surcharges.
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earnings
Hasbro excels in a hard time for toymakers, Transformers help overcome forces of strong dollar
2015-04-20 14:43:57| Toys - Topix.net
The toymaker, weighed down by the strong U.S. currency and battling a shift toward video games and other non-traditional toys, topped Wall Street expectations and shares jumped almost 8 percent before the opening bell Monday. Hasbro reported a 17 percent drop in profit to $26.7 million, or 21 cents per share, compared with $32.1 million, or 24 cents a share, a year earlier.
US DoJ may veto Comcast bid for Time Warner Cable - report
2015-04-20 08:01:00| Telecompaper Headlines
(Telecompaper) Staff attorneys at the US Justice Department's antitrust division are nearing a recommendation to block Comcast's bid to buy Time Warner Cable, people familiar with the matter told Bloomberg. Attorneys who are investigating Comcast's USD 45.2 billion proposal to create a nationwide cable giant are leaning against the merger out of concern that consumers would be harmed, the report said. They plan to submit their review of the takeover within the next week, and it will then be up to the division's senior official to decide whether to file a federal lawsuit seeking to block the tie-up. The Justice Department lawyers have been contacting outside parties in the last few weeks to shore up evidence to support a potential case against the merger, one of the people said. Furthermore, officials at the antitrust division and the Federal Communications Commission, which is also reviewing the deal, aren't negotiating with Comcast about conditions to the merger that would resolve concerns, such as selling parts of its business or changing practices, said two people familiar with the situation.
USGA to allow cellphones at U.S. Open for first time
2015-04-20 07:08:47| Wireless - Topix.net
The U.S. Golf Association will allow the use of cellphones at the 2015 U.S. Open at Chambers Bay, a policy that will be enacted for the first time in the event's history. Mobile devices less than 7 inches in length will be permitted on the grounds - including cellphones and PDAs - but must be on a silent or vibrate setting.
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