DIRECTV (NASDAQ:DTV) chief executive Mike White says the Weather Channel is worth only “one quarter of the price” the channel wants the satellite operator to pay, underlining how far apart the companies are in the fee dispute that has blacked the channel out on the satellite service for 10 days. DIRECTV (NASDAQ:DTV) stock opened at $70.34 in last trading session, and closed at $69.35, trading in the range of $69.15 – $70.34. The stock showed a negative weekly performance of -3.48%.
Cablevision Systems Corporation (NYSE:CVC) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Monday, Analyst Ratings Network reports. The firm currently has a $18.20 price target on the stock. Zacks‘ price target would suggest a potential upside of 7.82% from the company’s current price. Cablevision Systems Corporation (NYSE:CVC) shares closed at $15.87 on last trade day, by losing -2.22%. Stock 52 week range is $13.62 – $20.16. Company’s market capitalization is $4.25 billion.
Comcast Corp. is much more likely to work with Charter Communications Inc. on a bid for Time Warner Cable Inc (NYSE:TWC). than to pursue an offer on its own, said a person familiar with the situation, a major boost to Charter’s hopes of winning the takeover battle. Time Warner Cable Inc (NYSE:TWC) stock decreased -0.63% and finished the last session at $133.70. The EPS of the stock remained 6.46. Company’s market capitalization is $38.21 billion.
Shares of TiVo Inc. (NASDAQ:TIVO), the San Jose-based maker of iconic DVR technology, sank more than 2 percent Thursday and is lagging still Friday on a report that the company was planning to wind down its hardware business. The news was first reported late Wednesday by Wired. The report said five industrial designers had been laid off, reducing TiVo’s hardware division to almost nil. TiVo Inc. (NASDAQ:TIVO) stock opened at $12.37 in last trading session and closed at $12.23. The 52 week range of the stock is $10.47 – $14.25 and the day range was $12.17 – $12.53.