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Despite Disappointing Forecast Micron Prospects Look Bright

2015-04-06 00:13:01| Electronics - Topix.net

In my view, the fact that Micron offered lower than expected Q3 guidance, due to its willingness to hold inventory, demonstrates its belief in its high-growth prospects. In my opinion, the recent decline in its price offers an excellent opportunity to buy MU's stock at a very cheap price.

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Nike Free Virtuous "Bright Crimson"

2015-04-03 02:12:38| Footwear - Topix.net

Nike has already revealed a number of colorways of its brand new women's Free Virtuous silhouette, but the "Bright Crimson" version seen here is definitely the boldest yet. The neoprene mesh upper is presented in a vibrant infrared hue, offset by a navy blue translucent ankle and heel support.

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Charter nabs Bright House in latest pay-TV deal

2015-03-31 21:56:32| Telecom - Topix.net

Companies want to merge as costs for channels like ESPN have shot up, while their video subscribers have dipped and online video providers like Netflix become more popular. Combining gives them more negotiating power against programmers such as The Walt Disney Co.

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Charter Communications buying Bright House Networks

2015-03-31 15:47:12| Telecom - Topix.net

Charter Communications Inc. is buying fellow cable operator Bright House Networks LLC in a deal valued at $10.4 billion. The business will be conducted through a partnership, with Charter owning 73.7 percent and Advance/Newhouse - the parent company of Bright House - owning 26.3 percent.

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Charter to buy Bright House Networks for USD 10.4 billion

2015-03-31 14:38:00| Telecompaper Headlines

(Telecompaper) Charter Communications announced an agreement to acquire Bright House Networks from media group Advance/Newhouse for USD 10.4 billion. Bright House is the sixth-largest cable operator in the US and will give Charter another 2 million customers in central Florida, Alabama, Indiana, Michigan and California. Advance/Newhouse will take a 26.3 percent stake in a new partnership set up to run Bright House, in which Charter will hold 73.7 percent. Advance/Newhouse will receive common and preferred shares in the partnership as well as USD 2 billion cash from Charter. Advance/Newhouse will have the right to convert its shares in the partnership into shares of Charter. Completing the deal remains subject to a number of factors, including Charter shareholder approval, the expiry of Time Warner Cable's right of first offer for Bright House, the close of Charter's previously-announced transactions with Comcast and regulatory approval. Bright House was previously run as a partnership between Time Warner and Advance/Newhouse, and TWC still handles many of Bright House's carriage agreements. Charter meanwhile is waiting for regulatory clearance of Comcast's planned takeover of TWC, part of which will include the merged company selling some assets to Charter. 

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