Charter Communications (CHTR) provides cable, broadband, and telephony services to more than 10 million customers.
The chairman and largest beneficial shareholder is Microsoft co-founder Paul Allen. There have been ongoing investigations by the FBI, the U.S. Department of Justice, and the SEC for fraudulent accounting and inflated subscriber counts.
Cramer indorsed Charter Communications now with the stock trading at […]
Yahoo Inc.’s third-quarter profit were down slightly compared to the same period last year but their is hope that co-founder Jerry Yang will deliver on his promise to turn around the slumping Internet powerhouse.Gross revenue rose 12 percent to $1.77 billion. Excluding payments to advertising partners, revenue rose 14 percent. Sales on its own […]
Brent Thill, a Citi analyst, downgraded Nuance Communications Inc., which makes speech and imaging products because he stated that the share price is too high. The stock has gained 92 percent year-to-date and is now approaching the $22 mark. Thill said the company’s performance reflects strong demand for its products, and he expects positive fourth-quarter results. What seems […]
Microsoft Corp. announced the final updates to the fall release of its Live Search service, introducing a broad array of new services and features to its local and mobile search offerings. The new features and enhancements are designed to make it easier for people to find what they need at home or on the […]
Cramer has gone on the record as saying SIRI could get to $5.00. He was on Stop Trading today saying buy Sirius. Our conservative projections for both the companies yield DCF-based target prices of $4 for Sirius and $16.50 for XM at 2008 year-end. Further analysis suggests the synergies would be worth about $5 billion at […]
Citigroup Inc., Bank of America Corp., and JPMorgan Chase & Co., at the prodding of the Treasury Department, will buy distressed debt from markets roiled during the summer’s financial crisis. The joint effort is the result of more than a month of talks mediated by the government. The nation’s three largest banks said Monday […]
