Key Developments: Time Warner Cable Inc (TWC)
97.27USD
21 May 2013
$0.63 (+0.65%)
$97.95
$96.81
$97.82
$96.62
941,486
2,712,804
$102.00
$73.52
Latest Key Developments (Source: Significant Developments)
Time Warner Cable Inc Updates FY 2012 EPS Guidance To A Range Above Analysts' Estimates-Conference Call
Time Warner Cable Inc announced that for fiscal 2012, it expects diluted earnings per share (EPS), which includes the gains, to be in the $6.50-$6.75. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $5.65 for fiscal 2012. Full Article
Time Warner Cable Inc Declares Quarterly Dividend
Time Warner Cable Inc announced that it has declared a quarterly dividend of $0.56 per share on the Company’s Common Stock, payable in cash on December 17, 2012 to stockholders of record at the close of business on November 30, 2012. Full Article
Time Warner Cable To Offer 46.4 Million Shares of Clearwire Class A Common Stock
Clearwire Corp announced the commencement of an underwritten public offering of 46.4 million shares of its Class A common stock by certain affiliates of Time Warner Cable Inc., which represents approximately 7.8% of the total outstanding Class A common stock and approximately 3.2% of the total outstanding Class A common stock and Class B common stock. Credit Suisse Securities (USA) LLC is acting as the sole underwriter for the offering. Clearwire will not receive any proceeds from the sale of the shares being sold by the selling stockholders. Full Article
Time Warner Cable Inc And Viacom Partner To Provide More `TV Everywhere`
Time Warner Cable Inc announced that customers have another way to enjoy Viacom programming anytime, anywhere. In addition to watching Viacom networks via TWC TV, which brings live TV at no additional cost to customers on their computers, iOS and Android devices within the home, they can access an expanded lineup of full-length episodes from BET, COMEDY CENTRAL, MTV, Nickelodeon, Spike and VH1 wherever and whenever they want on the Web. Full Article
Time Warner Cable Inc Prices $1.25 Billion Debt Offering
Time Warner Cable Inc announced that it has priced an underwritten public offering of $1.25 billion aggregate principal amount of 4.5% debentures due 2042. The net proceeds from the issuance of the debentures are expected to be used for general corporate purposes, which may include the repayment of debt. The issuance and sale of the debentures is expected to close on August 10, 2012. The debentures will be issued by Time Warner Cable Inc. and guaranteed by its subsidiaries TW NY Cable Holding Inc. and Time Warner Entertainment Company, L.P. BNP Paribas Securities Corp., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are the active joint book-running managers. Full Article
Time Warner Cable Inc Announces Debt Offering
Time Warner Cable Inc announced that it has commenced an underwritten public offering of one series of debt securities with a 30-year maturity. The net proceeds from the issuance of the debt securities are expected to be used for general corporate purposes, which may include the repayment of debt. The debt securities will be issued by Time Warner Cable Inc. and guaranteed by its subsidiaries TW NY Cable Holding Inc. and Time Warner Entertainment Company, L.P. BNP Paribas Securities Corp., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are the joint book-running managers. Full Article
Time Warner Cable Inc Reaffirms FY 2012 EPS Guidance-Conference Call
Time Warner Cable Inc announced that for fiscal 2012, it expects diluted earnings per share (EPS) including Insight to be in the upper range of $5.25-$5.50. Full Article
Time Warner Cable Inc Declares Quarterly Dividend
Time Warner Cable Inc announced that the board of directors have declared a quarterly dividend of $0.56 per share on the Company’s Common Stock, payable in cash on September 17, 2012 to stockholders of record at the close of business on August 31, 2012. Full Article
Time Warner Cable Inc Prices GBP650 Million Debt Offering
Time Warner Cable Inc announced that it has priced an underwritten public offering of GBP650 million aggregate principal amount of 5.250% notes due 2042. The net proceeds from the issuance of the notes are expected to be used for general corporate purposes, which may include the repayment of debt. The issuance and sale of the notes is expected to close on June 27, 2012. The notes will be issued by Time Warner Cable Inc. and guaranteed by its subsidiaries TW NY Cable Holding Inc. and Time Warner Entertainment Company, L.P. Barclays Bank PLC, Deutsche Bank AG, London Branch, The Royal Bank of Scotland plc, Lloyds TSB Bank plc and UBS Limited are the book-running managers. Full Article
Time Warner Cable Inc Announces Sterling Debt Offering
Time Warner Cable Inc announced that it has commenced an underwritten public offering of sterling denominated notes with a 30 year maturity. The net proceeds from the issuance of the notes are expected to be used for general corporate purposes, which may include the repayment of debt. Full Article
Time Warner profit rises on cable network strength
- Time Warner Inc posted a higher first-quarter profit on Wednesday, as growth in its cable networks offset declines in the film, TV entertainment and publishing units.
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