Time Warner Boosts Speed and 4 Media Titans Make Waves
AOL, Inc. (NYSE:AOL): Today, the company stated that its Chairman and Chief Executive Officer Tim Armstrong intends to be part of the Citi Global Entertainment, Media & Telecommunications Conference on January 7, 2013 at the Bellagio Hotel in Las Vegas. Mr. Armstrong’s presentation should commence at about 4:30PM Pacific Standard Time. A live audio webcast should be offered online at http://ir.aol.com.
Time Warner Cable Inc. (NYSE:TWC) intends to increase the maximum download speed for standard Internet service by as much as 50 percent, which raises the speed from 10 to 15 megabits per second nationwide. Standard Internet customers should get the speed boost automatically as it becomes provided in their divisions, according to a blog post by Time Warner. Users will have the ability to upgrade immediately by pressing their modem’s reset button, or unplugging and replugging it.
Catalysts are critical to discovering winning stocks. Check out our newest CHEAT SHEET stock picks now.
DIRECTV, Inc. (NASDAQ:DTV) added a several new video-on-demand names to its TV Everywhere platform from A+E Networks, Scripps Networks Interactive, Showtime, Smithsonian Channel and Viacom, which adds up to over 30 new networks. DirecTV customers are able to view the content either online or through iOS devices, Android phones, and tablets.
Dish Network Corp. (NASDAQ:DISH) and Schurz Communications, which is the parent company of Anchorage NBC affiliate KTUU, were able to come to an agreement on Thursday afternoon preventing a blackout of the network on the satellite service’s subscribers in Anchorage and the surrounding area. A deal was required by by 8 p.m. on Thursday for there to be no service interruption, and shortly after 7 p.m., Dish sent a press release that the two came to an agreement on a deal.
SIRIUS XM Radio Inc. (NASDAQ:SIRI): The lengthy Neutral recommendation for the company was affirmed after it showed robust Q3 2012 results. The company’s bottom line reached the Zacks Consensus Estimate, and the top line surpassed the same.