Comcast recently announced plans to purchase Time Warner Cable Inc (NYSE:TWC) for $45 billion in a transaction that would combine the two largest cable companies in the United States. Time Warner Cable Inc (NYSE:TWC) stock opened at $139.25 in last session, and closed at $140.35, while the day range of stock is $139.14 – $141.51. The stock showed a positive weekly performance of 0.59%.
Benchmark Co. increased their target price on shares of CBS Corporation (NYSE:CBS) from $69.00 to $73.00 in a research note issued on Thursday, Analyst Ratings News reports. Benchmark Co.’s price target would suggest a potential upside of 10.51% from the company’s current price. CBS Corporation (NYSE:CBS) stock opened at $66.41, in last session and closed at $67.08, by gaining 1.02%. The 52 week range of the stock is $42.80 – $67.46. Company’s market capitalization is $39.80 billion.
TiVo Inc. (NASDAQ:TIVO) reported mixed fourth-quarter results. Although, earnings per share beat the Zacks Consensus Estimate, revenues missed the same. Management provided optimistic guidance. The company continues to innovate and its strong product pipeline is a major positive going forward. TiVo Inc. (NASDAQ:TIVO) stock decreased -1.32% and finished the last session at $13.50. The EPS of the stock remained 1.84. Company’s market capitalization is $1.65 billion.
Trade-Ideas LLC identified YOU On Demand Holdings Inc. (NASDAQ:YOD) as a “dead cat bounce” candidate. You On Demand Holdings, Inc. (NASDAQ:YOD) stock opened the session at $5.48, and closed the session at $5.28. The 52 week range of the stock remained $1.14 – $7.35 and the day range was $5.22 – $5.69.