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As junk bonds wilt, new Charter deal shines

2016-02-06 09:33:24| Telecom - Topix.net

Charter Communications gave the sputtering US junk-bond market a welcome boost this week by selling a US$1.7bn issue that was mostly driven by reverse enquiry from investors. The deal underscored that the buyside is still keen on higher-quality paper in a tumultuous market that has of late locked many lower-rated potential borrowers out.

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Charter Communications, Inc. (CHTR) Sets New 1-Year Low After Earnings Miss

2016-02-06 00:20:48| Telecom - Topix.net

Charter Communications, Inc. shares hit a new 52-week low during trading on Friday following a dissappointing earnings announcement, AnalystRatings.NET reports. The stock traded as low as $160.20 and last traded at $165.56, with a volume of 1,662,634 shares.

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The headquarters building of Charter Communications at 400 Atlantic Street in Stamford, Conn.

2016-02-04 18:00:49| Telecom - Topix.net

During a week in which small bands of protesters picketed Charter Communications headquarters in Stamford over the company's record on diversity, the company reported on Thursday a 5.6 percent increase in its customer base during 2015, as it makes its final push to becoming the second largest cable carrier in the nation via the $57 billion acquisition of Time Warner Cable. Charter lost $122 million in the fourth quarter, or $1.09 a share, compared to $48 million or 44 cents a year earlier.

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Charter adds 29,000 residential video customers in 4Q 2015

2016-02-04 14:30:07| Digital TV News

Charter Communications has reported results for the three and twelve months ended December 31, 2015. Residential video customers increased by 29,000 in the fourth quarter of 2015, versus a loss of 3,000 in the year-ago period.

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FCC and Charter Face $10 Billion Racial Discrimination Lawsuit

2016-02-01 02:01:45| Telecom - Topix.net

According to reports , both the Federal Communications Commission and Charter Communications are being sued for $10 billion in federal court by Byron Allen's Entertainment Studios and the National Association of African-American Owned Media for "racial discrimination in contracting for television channel carriage." "President Obama and the Democratic Party have completely excluded the African-American community when it comes to economic inclusion," Allen said in a statement Wednesday.

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