Financial Results, New Services, Stock Repurchase Programs, and New Appointments - Research Report on Comcast, CBS, Time Warner Cable, Viacom, and Charter Communications
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NEW YORK, August 5, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Comcast Corporation (NASDAQ: CMCSA), CBS Corporation (NYSE: CBS), Time Warner Cable Inc. (NYSE: TWC), Viacom, Inc. (NASDAQ: VIAB) and Charter Communications, Inc. (NASDAQ: CHTR). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Comcast Corporation Research Report
On July 31, 2013, Comcast Corporation (Comcast) reported it for Q2 2013 financial results. Consolidated revenues increased 7.0% YoY to $16.3 billion. Net income attributable to Comcast was $1.7 billion or $0.65 per diluted share, in Q2 2013, compared to net income attributable to Comcast of $1.3 billion or $0.50 per diluted share, in Q2 2012. Brian L. Roberts, Chairman and CEO of Comcast, said, "Cable had outstanding growth, particularly in high-speed Internet, and NBCUniversal had strong performance across all of its businesses. Our focus on delivering innovative products and a superior customer experience is driving our success, including stronger video, voice and business services results in cable. NBCUniversal has real momentum, with solid growth in revenue and double-digit cash flow growth." The Full Research Report on Comcast Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/ba4f_CMCSA]
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CBS Corporation Research Report
On July 31, 2013, CBS Corporation (CBS) reported its Q2 2013 financial results. Revenues increased 11.1% YoY to $3.7 billion. Net earnings were $472 million or $0.76 per diluted share, in Q2 2013, compared to net earnings of $427 million or $0.65 per diluted share, in Q2 2012. Leslie Moonves, President and CEO of CBS, said, "Across the board, CBS's world-class content continues to drive our results. From Under the Dome, which is changing the face of summer programming on network television, to Ray Donovan, which has refilled the pipeline at Showtime in a big way, new owned content continues to flourish throughout our Company. As a result, our base business is thriving, and our non-advertising revenue sources are having a bigger impact on our results all the time." The Full Research Report on CBS Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/22c7_CBS]
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Time Warner Cable Inc. Research Report
On July 25, 2013, Time Warner Cable Inc. (Time Warner Cable) announced that the Company's Board of Directors has renewed its share repurchase authorization to $4 billion with effect from the announcement date. The Company said that the timing of purchases will be based on market conditions and other factors. Further, Time Warner Cable approved a quarterly dividend of $0.65 per share on the Company's Common Stock, payable on September 16, 2013, to stockholders of record at the close of business on August 30, 2013. Commenting on the news, Glenn Britt, Time Warner Chief Executive Officer, said, "Today's announcement is yet another signal of our confidence in our business. We remain committed to returning capital to our shareholders while we continue to invest in the long-term growth of our business." The Full Research Report on Time Warner Cable Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b260_TWC]
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Viacom, Inc. Research Report
On July 31, 2013, Viacom, Inc. (Viacom) announced that Karim Mawji has been promoted to the newly created position of Senior Vice President of Digital Platform for its Music & Entertainment Ad Sales group. Viacom said that in this new role, Mawji will bring the critical strategic connection between Viacom's Music and Entertainment Ad Sales group and the digital portfolio it supports, which includes the web, app, mobile and social properties of CMT, COMEDY CENTRAL, MTV, MTV2, mtvU, SPIKE, TV Land, VH1, VH1 Classic and Palladia. The Company added that he will work closely with digital leadership to drive sales strategy that aligns with digital product and editorial initiatives at each brand. Viacom stated that prior to the promotion, Mawji served as Vice President of Digital Ad Sales for the Nickelodeon Group. The Full Research Report on Viacom, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b922_VIAB]
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Charter Communications, Inc. Research Report
On July 25, 2013, Charter Communications Inc. (Charter Communications) announced Charter Wi-Fi, which can be accessed from all wireless devices via Charter's Wi-Fi router. According to the Company, the Charter Wi-Fi uses high-powered radios to provide better range, besides featuring dual band concurrent operation to enable customers to take advantage of the less congested 5.0GHz frequency band while simultaneously operating a network on the 2.4GHz band to ensure older devices that are not 5.0GHz capable can still connect. Rich DiGeronimo, Charter Senior Vice President said, "Fast internet, combined with high performance Wi-Fi technology, means Charter delivers the best in-home Wi-Fi experience in the vast majority of our footprint." Charter Communications informed that customers may subscribe to one of Charter's current Plus (30Mbps) or Ultra (100Mbps) Internet speed tiers. A one-time $39.99 activation fee will be charged and then a $3 monthly fee. Further, a standard professional installation fee of $30.0 for all services installed during the service visit will also be charged from the customer. The Full Research Report on Charter Communications, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/2863_CHTR]
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