DIRECTV (NASDAQ:DTV) continues its upward trajectory, again flirting with its 52-week high and posting higher figures than Wall Street had expected. DIRECTV (NASDAQ:DTV) stock opened at $75.70 in last session, and closed at $75.02, while the day range of DTV stock is $74.97 – $75.73. The stock showed a positive weekly performance of 4.24%.
EchoStar has just reached agreement with DISH Network Corp (NASDAQ:DISH) for a strategic transaction, effective 1 March 2014 whereby it and its subsidiaries will receive five satellites along with related liabilities for in-orbit incentive payments to the manufacturers of some of those satellites, and approximately $11 million in cash from DISH in exchange for two issues of preferred tracking stock. DISH Network Corp (NASDAQ:DISH) stock opened at $58.88, in last session and closed at $57.92, by gaining 1.49%. The 52 week range of DISH is $33.79 – $59.95. Company’s market capitalization is $26.52billion.
A proposed $45 billion mega-merger between Comcast and Time Warner Cable Inc (NYSE:TWC) has been touted as beneficial to customers because it will bring innovation and efficiencies to the market, as well as making business sense. We have many doubts about the former and none regarding the latter. Time Warner Cable Inc (NYSE:TWC) stock decreased -0.79% and finished the last session at $140.54. The EPS of the stock remained 6.68. Company’s market capitalization is $39.06billion.
Charter Communications Inc. (NASDAQ:CHTR) recently launched a high definition Auto Tune feature in Minnesota. The Auto Tune feature automatically takes customers to available high-def or HD channels. Charter Communications, Inc. (NASDAQ:CHTR) stock opened the session at $132.02, and closed the session at $125.08. The 52 week range of the CHTR stock remained $76.25 – $144.02 and the day range was $124.00 – $132.02.
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