Marci Ryvicker News
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Time Warner Cable Inc., the second- largest U.S. cable-television operator, fell the most in almost four years after its 2013 earnings forecast missed estimates.
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Dish Network Corp., the second- largest U.S. satellite-TV provider, gained the most in more than four months after a Wells Fargo & Co. analyst said investors are being overly bearish on the stock.
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Comcast Corp.’s NBC Universal entertainment business is near an agreement to sell its 15.8 percent stake in A&E Networks for about $3 billion, according to a person with knowledge of the talks.
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Dish Network Corp. gained after Chairman Charlie Ergen said the second-largest U.S. satellite TV company and its larger rival DirecTV should consider a merger to address a slowing pay-TV market.
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Comcast Corp.’s NBC Universal entertainment unit agreed to sell its 15.8 percent stake in A&E Networks to the venture’s co-owners, Walt Disney Co. and Hearst Corp., for $3.03 billion.
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Time Warner Cable Inc. , the second- largest U.S. cable-television operator, boosted its quarterly dividend 20 percent and posted a profit that beat analysts’ estimates by adding customers and selling pricier products.
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Comcast Corp. , the cable company that took control of NBC Universal Inc. last month, reported fourth-quarter profit and sales that beat analysts’ estimates and plans to boost its dividend and stock buyback program.
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Dish Network Corp., the satellite- TV company seeking government approval for mobile-phone service, will probably avoid the interference concerns that thwarted a similar plan by LightSquared Inc., executives and analysts said.
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Dish Network Corp., the second- largest U.S. satellite-television operator, lost about 10,000 net subscribers in the second quarter, fewer than some analysts’ estimates.
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Cablevision Systems Corp., the New York-area cable TV operator, reported second-quarter profit that topped analysts’ estimates as it added more phone and broadband subscribers.
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