Cablevision Systems Corp (CVC.N)
29 Aug 2014
|Market Cap (Mil.):||$5,018.67|
|Shares Outstanding (Mil.):||271.13|
(The following statement was released by the rating agency) CHICAGO, August 11 (Fitch) Fitch Ratings has affirmed the 'BB-' Issuer Default Rating (IDR) assigned to Cablevision Systems Corporation (CVC) and its wholly owned subsidiary CSC Holdings, LLC (CSCH). In addition, Fitch has affirmed specific issue ratings assigned to CSCH and upgraded CVC's senior unsecured notes to 'B+' as outlined below. The Rating Outlook for CVC and CSCH's ratings has been revised to Stable from Negative. As o
- Cablevision Systems Corp's subscriber losses doubled in the second quarter from the previous quarter as it cut down on promotions, sending its shares down as much as 7.8 percent.
(Adds EPS from continued operations, updates share movement)
(Corrects first paragraph to say revenue grew 3.7 percent, not 5.5 percent)
NEW YORK - A federal judge on Friday rejected Viacom Inc's VIAB.O effort to dismiss Cablevision Systems Corp's CVC.N antitrust lawsuit accusing it of forcing cable providers and subscribers to buy channels they do not want.
NEW YORK, June 20 - A federal judge on Friday rejected Viacom Inc's effort to dismiss Cablevision Systems Corp's antitrust lawsuit accusing it of forcing cable providers and subscribers to buy channels they do not want.
(Corrects quotation in paragraph 2 to read "anticompetitive effects" instead of "anticompetitive efforts")
(The following statement was released by the rating agency) CHICAGO, May 21 (Fitch) Fitch Ratings has assigned a 'BB' rating to CSC Holdings LLC's (CSCH) $750 million issuance of 5.25% senior unsecured notes due 2024. Fitch expects the proceeds from the issuance will be used to repay a portion of the company's existing credit facility. Outside of an extension of CSCH's maturity profile, the company's credit profile has not substantially changed. CSCH is a wholly owned subsidiary of Cablevis
May 8 - Cablevision Systems Corp reported better-than-expected quarterly revenue as more advertising and higher cable subscription rates offset the impact of a fall in the number of video customers, sending its shares up as much as 7 percent.
May 7 - Cablevision Systems Corp reported a rise in quarterly revenue, as higher advertising and increased cable prices offset a fall in video subscribers.
Earnings vs. Estimates
Analyst Research Reports
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Cablevision Systems Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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