Time Warner Customers to See Rate Increase and 4 Media Titans Making Waves
AOL, Inc. (NYSE:AOL): Current price $37.94
Shares of tech media company AOL closed strong on Monday, but can they maintain that momentum? The stock was up slightly today in pre-market trading at $36.25 after an impressive finish yesterday that resulted in a 7% boost. Marketwatch reported that the rise in shares is attributed to RBC Capital Markets analyst Mark Mahaney who raised his rating on the stock.
Netflix, Inc. (NASDAQ:NFLX): Current price $176.58
Netflix is basing at a higher level and still looks good. The stock needs to continue to hold $170-173 for it to be able to get back in motion above $182.
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Coinstar, Inc. (NASDAQ:CSTR): Current price $50.92
Coinstar has reported their fourth quarter results. Their revenue increased 8.4% to $564.1 million for the fourth quarter of 2012 versus the previous year’s same period.
Time Warner Cable Inc. (NYSE:TWC): Current price $87.93
The average customer who buys programming, Internet and telephone services from Time Warner Cable will see an increase of about 3% in their next monthly bill. That does not include, for the time being, those who are locked into promotional packages. The new rates go into effect on the March statements, according to a notification letter mailed out in bills this month.
Comcast Corporation (NASDAQ:CMCSA): Current price $38.92
Comcast Corporation and Fox Networks (NASDAQ:NWSA) announced that they have reached an agreement for a new distribution pact to deliver Fox Broadcasting’s and Fox Television Stations’ content to Comcast Xfinity TV customers across televisions, computers, smartphones, tablets, gaming consoles and Internet-enabled televisions.
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