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Time Warner Cable Rejects Charter's 'Low-Ball' $61.3 Billion Offer
Tuesday, January 14, 2014 - 3:28pm | 604Read More...After Time Warner Cable (NYSE: TWC) CEO Rob Marcus called a Charter Communications (NASDAQ: CHTR) $61.3 billion, $132.50 a share acquisition bid a “low-ball offer,” the nation’s number three cable operator rejected the bid Monday, according to Bloomberg. Instead, Marcus said, the company was...
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Stifel Downgrades Sprint
Friday, January 3, 2014 - 10:29am | 296Read More...In a morning research summary published Monday, Stifel analyst Christopher King downgraded shares of Sprint (NYSE: S) to Sell. King noted the recent run-up in shares, up 30% in the past four weeks and up 71% during the 2013 fourth quarter. The analyst further commented on his skepticism of the...
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Stifel Downgrades Sprint
Friday, January 3, 2014 - 8:47am | 242Read More...In a report published Friday, Stifel analyst Christopher King downgraded Sprint (NYSE: S) to Sell, with a $7.50 price target, as King remains skeptical of the company's near-term m&a prospects. “Although we would view a merger between S and TMUS [T-Mobile U.S.] as a positive for the domestic...
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UPDATE: Stifel Upgrades FairPoint Communications as 2014 Catalysts Await
Friday, December 6, 2013 - 9:44am | 93Read More...In a report published Friday, Stifel analyst Christopher King upgraded the rating on FairPoint Communications (NASDAQ: FRP) from Hold to Buy, and named a $14.00 price target. In the report, Stifel noted, “With the industry-low valuation, M&A potential, best-of-breed operating metrics,...
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UPDATE: Stifel Downgrades TIM Participacoes SA Following Recent Run
Wednesday, September 25, 2013 - 9:32am | 195Read More...In a report published Wednesday, Stifel analyst Christopher King downgraded the rating on TIM Participacoes SA (NYSE: TSU) from Buy to Hold, and removed the $25.00 price target. In the report, Stifel noted, “Following TSU's 9.9% run-up yesterday (S&P500 down 0.3%) and a 25% increase MTD (S...
