Deutsche Bank AG Reiterates “Buy” Rating for Time Warner Inc. (TWX)
Time Warner Inc. (NYSE:TWX)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank AG in a research report issued on Friday. They presently have a $108.00 price objective on the media conglomerate’s stock. Deutsche Bank AG’s price target would suggest a potential upside of 23.09% from the company’s current price.
A number of other analysts have also recently weighed in on TWX. FBR & Co raised shares of Time Warner from a “market perform” rating to an “outperform” rating and upped their target price for the company from $97.00 to $104.00 in a research note on Monday, October 31st. Bank of America Corp. reissued a “neutral” rating and issued a $84.00 target price (up previously from $79.00) on shares of Time Warner in a research note on Sunday, October 23rd. Credit Agricole SA cut shares of Time Warner from an “outperform” rating to an “underperform” rating in a research note on Wednesday, November 2nd. Albert Fried & Company reissued an “outperform” rating and issued a $90.00 target price on shares of Time Warner in a research note on Thursday, September 29th. Finally, Brean Capital reissued a “buy” rating and issued a $90.00 target price on shares of Time Warner in a research note on Friday, August 5th. One investment analyst has rated the stock with a sell rating, eighteen have given a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $95.04.
Shares of Time Warner (NYSE:TWX) opened at 87.74 on Friday. Time Warner has a one year low of $55.53 and a one year high of $94.44. The company’s 50-day moving average price is $81.17 and its 200 day moving average price is $77.43. The company has a market cap of $68.25 billion, a PE ratio of 17.46 and a beta of 1.08.
Time Warner (NYSE:TWX) last posted its quarterly earnings data on Wednesday, November 2nd. The media conglomerate reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.37 by $0.46. Time Warner had a net margin of 15.75% and a return on equity of 18.95%. The company had revenue of $7.20 billion for the quarter, compared to the consensus estimate of $6.92 billion. During the same quarter in the previous year, the firm posted $1.25 EPS. The business’s revenue was up 9.2% compared to the same quarter last year. Equities analysts forecast that Time Warner will post $5.72 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 15th. Stockholders of record on Wednesday, November 30th will be paid a dividend of $0.4025 per share. This represents a $1.61 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date is Monday, November 28th. Time Warner’s dividend payout ratio is presently 28.60%.
Read full story at https://www.thecerbatgem.com/2016/11/08/deutsche-bank-ag-reiterates-buy-rating-for-time-warner-inc-twx.html
AT&T-Time Warner could actually benefit from FCC review, analyst says
The prevailing wisdom is that FCC involvement in the AT&T-Time Warner deal could hurt chances of approval but, according to a new report (sub. req.) from MoffettNathanson analyst Craig Moffett, that may not be the case.
Two of the sources interviewed by the firm offered differing reasons why the FCC could help the AT&T-Time Warner deal along.
“The irony is that having the FCC review the proceeding may increase the chance of getting the deal done,” said one source. “The DOJ generally does not like behavioral remedies but has relied on existence of such conditions in an FCC order. If the FCC cannot condition the approval, the DOJ will have [fewer] tools to get to yes…”
Another source suggested one potential scenario where FCC intervention could turn into a win for AT&T and Time Warner.
“If [the FCC] doesn’t approve, it sets the application for a trial-type hearing before one or more Administrative Law Judges. The FCC and its staff haven’t done a trial-type hearing for decades and the staff is deathly afraid of being crushed and embarrassed by the applicants’ high-priced and very experienced trial lawyers,” the source wrote.
Of course, many of the sources interviewed for the report said it’s likely that more clarity on the deal’s chances won’t be easily attained until after the upcoming presidential election.
Read full story at http://www.fiercecable.com/broadcasting/at-t-time-warner-could-actually-benefit-from-fcc-review-analyst-says
Charter Communications’ profits jump in third quarter
STAMFORD — Cable provider Charter Communications tripled third-quarter profits and quadrupled revenues from the same period last year, gains that reflected the impact of its recent expansion.
The $189 million profit compared with a total of $54 million in the third quarter of 2015, according to the company’s latest earnings report released Thursday. Third-quarter revenues totaled about $10 billion, compared with $2.45 billion in the same period last year.
Charter officials attributed the increased profit to higher income since closing in May on a $55 billion acquisition of Time Warner Cable and a $10 billion buy of Bright House Networks. Those deals made Charter the No. 2 cable carrier in the country after Philadelphia-based Comcast.
“Charter, under the Spectrum brand, provides high-quality products and service at attractive prices, allowing us to grow our residential and business customer relationships,” Tom Rutledge, Charter’s CEO and chairman, said in a statement. "The integration of Time Warner Cable and Bright House Networks is on track.”
Stamford-based Charter now serves about 25.9 million residences and small- and medium-sized businesses, according to company data. In the past quarter, Charter grew its residential customer base by about 245,000, compared with 235,000 in the same period last year. The company’s contingent of small and medium-sized businesses increased by some 34,000 in the past quarter.
As it moves ahead in its expanded form, Charter is experiencing major changes. In late September, the company launched Charter Spectrum, a suite of video, internet and voice services, to customers in a number of existing Time Warner Cable and Bright House markets.
In early 2017, Charter plans to move ahead with all-digital initiatives in the Time Warner Cable and Bright House markets that still broadcast analog video signals. The digital push will allow Charter to provide more advanced products and services, according to company officials.
“We are beginning to implement the Spectrum brand with better products, pricing and packaging,” Rutledge said. “Improving our service operations in a way that allows consumers to recognize Spectrum as the best service provider will take time, but our proven operating strategies will work for customers, employees, shareholders and the communities we serve.”
The acquisitions of Time Warner Cable and Bright House have also led to personnel changes. The company announced in June that it would move by the end of the year an unspecified number of Time Warner Cable employees from Columbus Circle in Manhattan to Charter’s downtown Stamford headquarters. Time Warner Cable’s lease in the Manhattan building expires at the end of this year.
Read full story at http://www.newstimes.com/business/article/Charter-Communications-profits-jump-in-third-10591509.php
Time Warner’s Cable and Film Drive Growth; Guidance Raised
Time Warner Inc., which two weeks ago agreed to sell itself to AT&T Inc., raised its outlook for the year and reported solid third-quarter results, powered by growth in its cable TV and film businesses.
Revenue and profit came in ahead of Wall Street’s expectations.
AT&T late last month reached a deal to buy Time Warner for $85.4 billion, which would transform the phone company into a media giant. The companies anticipate the transaction—for $107.50 a share, evenly split between cash and stock—to close by the end of 2017.
The strong results highlight why AT&T was willing to pay such a high premium—36% above where Time Warner’s stock had been trading before news of the merger began to emerge. Wall Street remains skeptical that a deal will pass muster with regulators, with Time Warner shares trading about 17% below the current value of the offer.
Time Warner shares were down slightly to $88 in mid-morning trading.
On a call with analysts, Time Warner Chief Executive Jeff Bewkes pushed back against the notion of regulatory risk, saying the merger would have “competition-spurring” advantages by creating more types of TV packages available to consumers and more and better advertising options for marketers.
In particular, he argued that the merger would give advertisers more options amid “an increasing concentration of digital advertising in just a few companies,” namely, Facebook and Google. He added that both Time Warner and AT&T have a “very significant commitment” to meet conditions that might be placed on the merger by regulators.
Time Warner executives said they are still reviewing which Federal Communications Commission licenses would have to be transferred to AT&T as part of the merger—a process that would give the FCC jurisdiction to review whether such transfers are in the public interest.
“There aren’t what we would call material licenses that are the bedrock of our business,” said Paul Cappuccio, general counsel of Time Warner, on the call with analysts.
Mr. Bewkes declined to answer a question about whether Time Warner had received takeover interest from other companies besides AT&T, saying, “Let’s focus on AT&T.”
The combined business would pair the telecom giant’s millions of wireless and pay-television subscribers with Time Warner’s deep media lineup, which includes networks such as CNN, TNT, the prized HBO channel and Warner Bros. film and TV studio. It furthers AT&T’s bet that television and video can drive growth in a saturated wireless market.
Like all media companies, New York-based Time Warner has been grappling with subscriber declines as more people cut the cable cord and opt for online streaming. In an effort to turn the tide, Time Warner last year launched HBO Now, its stand-alone streaming service for the channel featuring popular shows such as Game of Thrones.
But this quarter’s results show how, so far, Time Warner is managing to offset subscriber declines by hiking the prices it charges pay-TV distributors for carriage of its networks. Those fee increases are generally baked into long-term contracts.
At the Turner cable networks division, subscription revenues were up 12%, as higher rates in the U.S. and international growth offset a decline in U.S. subscribers and foreign-exchange impacts. Overall, Turner’s revenue increased 9%, helped in part by a blockbuster election season at CNN.
Read full story at http://www.wsj.com/articles/time-warner-posts-strong-quarter-raises-guidance-1478086488
ZANESVILLE - Time Warner Cable is looking to fill 40 customer service jobs at its call center in Zanesville.
Interviews will take place from 2 to 7 p.m. Nov. 2 and from 8 a.m. to 2 p.m. Nov. 3 at 3940 Northpointe Dr., Zanesville. Applicants must apply online and complete an assessment at jobs.timewarnercable.com/job using Req. #181453BR.
During the event, candidates will meet with customer care leaders while learning about hours, pay and training. If candidates meet qualifications and are interested in pursuing a career with Time Warner Cable, face-to-face interviews will be conducted at the event.
Read full story at http://www.zanesvilletimesrecorder.com/story/news/local/2016/11/01/time-warner-cable-looking-fill-jobs/93132806/
Could AT&T's Purchase of Time Warner Crush Netflix?
When AT&T (NYSE:T) announced its plans to buy Time Warner (NYSE:TWX), many people expected Netflix (NASDAQ:NFLX) -- a fierce opponent of Comcast's (NASDAQ:CMCSA) attempted purchase of Time Warner Cable -- to oppose the merger. After all, merging a major internet, wireless, and pay TV provider with a media powerhouse could hurt Netflix with all sorts of bundling strategies.
But during a recent Wall Street Journal Live conference, Netflix CEO Reed Hastings expressed surprising support for the deal, stating that AT&T's creation of a "national competitor to all of the cable companies" could actually "be in the consumer's interest."
However, Hastings emphasized that he would only support the deal if it didn't "give an unfair advantage to HBO" and that "Netflix's bits" and "HBO's bits" were treated equally across AT&T's networks. "The key thing is whether there is going to be net neutrality," Hastings stated, "which hasn't been AT&T's favorite topic."
But that could be wishful thinking on Hastings' part, since AT&T has repeatedly taken shots at Netflix long before the Time Warner deal was announced. Could buying Time Warner finally give AT&T the power to throttle Netflix's growth?
Why would AT&T take aim at Netflix?
Netflix relies heavily on fast and reliable internet connections to deliver its streaming videos to its customers. But the more the quality of those streaming videos improve, the more data they consume on telecom companies' networks.
To counter that growing data usage, which increases their expenses, telcos started capping home internet data plans and asking companies to sign "paid peering" deals for direct access to their networks. That move enables companies to sidestep the congestion on the regular networks, while partially subsidizing the higher data usage expenses. Netflix opposed those deals on grounds that they violated net neutrality, but nonetheless signed them with AT&T, Verizon (NYSE:VZ), and Comcast in 2014.
Over the following two years, those ISPs adopted additional strategies to throttle Netflix's growth and discourage cord cutters from reducing their pay TV revenues. Comcast introduced strict data caps for home internet use, but "zero-rated" (excluded from data consumption limits) data from its own streaming platform, Stream TV.
Read full story at http://www.fool.com/investing/2016/10/30/could-atts-purchase-of-time-warner-crush-netflix.aspx
Spectrum Center Officially Replaces Time Warner Cable Arena As Name of Hornets' Home Arena in Uptown Charlotte
Hornets Sports & Entertainment and Charter Communications today announced that Spectrum Center has officially replaced Time Warner Cable Arena as the name of the Hornets’ home arena in Uptown Charlotte. The new name follows Time Warner Cable’s merger with Charter Communications and reflects the brand name of Charter’s all-digital TV, internet and voice offerings.
The venue’s new website is spectrumcentercharlotte.com. The updated social media handles for the arena are Facebook.com/spectrumcentercharlotte, @spectrumcenter on Twitter and @spectrumcenter on Instagram.
Over the last several months, Spectrum branding replaced that of Time Warner Cable throughout the building, including exterior and interior signage, the playing court and the new state-of-the-art scoreboard.
Time Warner Cable entered into an agreement in 2008 for naming rights of the uptown Charlotte arena, which is operated by Hornets Sports & Entertainment. In addition to being the home of the Hornets, Spectrum Center hosts approximately 150 events annually, including professional and collegiate sports, major concerts, family shows and conventions. Since opening on Oct. 21, 2005, the arena has hosted nearly 15 million visitors at nearly 1,700 events.
The premier destination for sports and entertainment in the Carolinas, Spectrum Center will host 17 events in 33 days starting with tomorrow’s Kellogg’s Tour of Gymastics Champions and Saturday’s Hornets Home Opener against the Boston Celtics. The stretch includes 10 Hornets games, three concerts, two comedy performances, the Kellogg’s Tour of Gymnastics Champions and WWE Monday Night Raw.
Read full story at http://www.nba.com/hornets/press-releases/spectrum-center-officially-replaces-time-warner-cable-arena-name-hornets-home-arena
AT&T-Time Warner: Is there anything in it for you?
AT&T (T) Chief Executive Randall Stephenson, whose planned $85.4 billion acquisition of Time Warner (TWX) stunned Wall Street and aroused concerns in Congress, has already started laying out his case for why the megadeal won’t hurt consumers.
It’s aimed at the mostly young consumers known as cord-cutters who are quitting traditional pay TV. Critics across the political spectrum and some Wall Street analysts, however, remain skeptical and wonder whether consumers will benefit from one of the biggest transactions in recent years.
“From my observations over the years, megamergers of this kind almost never benefit average people,” wrote Dan Gilmore, a professor at Arizona State University’s Walter Cronkite School of Journalism and Mass Communications, in an email. “The people who benefit the most are executives, investment bankers and shareholders [of the acquired company]. I doubt this will be any different, assuming it’s permitted to proceed.”
AT&T’s acquisition of Time Warner is known as a vertical deal because it would bring together the distribution of the largest satellite-TV provider and the second-largest wireless company with the content produced by the HBO premium cable channel and the Warner Bros. film studios. It’s similar to Comcast’s (CMCSA) 2011 acquisition of the NBC Universal media and entertainment conglomerate.
AT&T and rival Verizon (VZ) have expanded into original content as growth in their core wireless markets withered. However, Verizon’s acquisition of AOL for $4.4 billion and its planned $4.8 billion purchase of Yahoo (YHOO) are modest by comparison. Government regulators have blocked other avenues for growth, including AT&T’s attempted $39 billion purchase of T-Mobile (TMUS) in 2011 and Comcast’s proposed $45 billion acquisition of Time Warner Cable.
“A lot of these companies are so big that the only way that they can legally merge is if they do it vertically,” said Christopher L. Sagers, a professor of law at the Cleveland-Marshall School of Law. “The companies themselves say we ought to be able to do vertical mergers because everybody thinks that vertical mergers are less likely to harm consumers.”
Read full story at http://www.cbsnews.com/news/at-t-time-warner-is-there-anything-in-it-for-you/
No, Time Warner Cable isn't part of AT&T merger and here's why
While there's plenty of chatter about whether AT&T and Time Warner's merger will pass regulatory muster, part of the deal is not in dispute — Time Warner Cable is not part of the merger. In fact, it's not part of the same company.
If the merger goes through, Time Warner would gain a distribution arm again through AT&T. It would provide the library of content, and AT&T would deliver it to customers through subscription packages, including cable service U-verse, satellite TV provider DirecTV and new mobile-first streaming options like DirecTV Now.
Since AT&T's acquisition of DirecTV last year, it's become the largest provider of pay TV.
Read full story at http://www.dallasnews.com/business/technology/2016/10/24/hold-sec-time-warner-cable-part-att-deal
Meag Munich Ergo Kapitalanlagegesellschaft MBH Buys Shares of 312,064 Time Warner Inc. (TWX)
Meag Munich Ergo Kapitalanlagegesellschaft MBH bought a new stake in shares of Time Warner Inc. (NYSE:TWX) during the second quarter, according to its most recent filing with the SEC. The institutional investor bought 312,064 shares of the media conglomerate’s stock, valued at approximately $22,793,000. Time Warner makes up 2.1% of Meag Munich Ergo Kapitalanlagegesellschaft MBH’s holdings, making the stock its 7th largest position.
Other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its position in Time Warner by 0.5% in the first quarter. Geode Capital Management LLC now owns 6,398,087 shares of the media conglomerate’s stock valued at $463,236,000 after buying an additional 34,327 shares in the last quarter. Legal & General Group Plc increased its stake in Time Warner by 1.6% in the first quarter. Legal & General Group Plc now owns 3,617,316 shares of the media conglomerate’s stock worth $262,434,000 after buying an additional 57,278 shares during the last quarter. UBS Asset Management Americas Inc. increased its stake in Time Warner by 2.0% in the first quarter. UBS Asset Management Americas Inc. now owns 2,664,921 shares of the media conglomerate’s stock worth $193,340,000 after buying an additional 51,715 shares during the last quarter. Adage Capital Partners GP L.L.C. increased its stake in Time Warner by 50.2% in the first quarter. Adage Capital Partners GP L.L.C. now owns 1,807,086 shares of the media conglomerate’s stock worth $131,104,000 after buying an additional 603,700 shares during the last quarter. Finally, New York State Teachers Retirement System increased its stake in Time Warner by 0.5% in the second quarter. New York State Teachers Retirement System now owns 1,549,724 shares of the media conglomerate’s stock worth $113,967,000 after buying an additional 8,371 shares during the last quarter. 80.68% of the stock is currently owned by hedge funds and other institutional investors.
Time Warner Inc. (NYSE:TWX) traded up 0.85% during midday trading on Tuesday, reaching $79.51. 2,581,424 shares of the company’s stock traded hands. The stock has a market cap of $61.85 billion, a PE ratio of 15.82 and a beta of 1.21. The stock’s 50 day moving average price is $78.07 and its 200-day moving average price is $76.30. Time Warner Inc. has a one year low of $55.53 and a one year high of $81.33.
Time Warner (NYSE:TWX) last issued its quarterly earnings results on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share for the quarter, beating the consensus estimate of $1.16 by $0.13. Time Warner had a return on equity of 17.33% and a net margin of 14.54%. The firm earned $7 billion during the quarter, compared to the consensus estimate of $7.12 billion. During the same period last year, the company earned $1.25 earnings per share. The company’s revenue was down 5.4% on a year-over-year basis. Equities analysts predict that Time Warner Inc. will post $5.42 earnings per share for the current year.
Read full story at http://baseballnewssource.com/markets/meag-munich-ergo-kapitalanlagegesellschaft-mbh-buys-shares-of-312064-time-warner-inc-twx/159239.html
Time Warner’s (TWX) Hold Rating Reaffirmed at Needham & Company LLC
Needham & Company LLC reaffirmed their hold rating on shares of Time Warner Inc. (NYSE:TWX) in a report issued on Thursday morning.
Time Warner (NYSE:TWX) traded up 0.49% during trading on Thursday, hitting $79.79. 456,490 shares of the company’s stock traded hands. The firm’s 50-day moving average price is $78.09 and its 200 day moving average price is $76.14. Time Warner has a 12-month low of $55.53 and a 12-month high of $81.33. The stock has a market cap of $62.06 billion, a P/E ratio of 15.88 and a beta of 1.21.
Time Warner (NYSE:TWX) last announced its earnings results on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.16 by $0.13. Time Warner had a net margin of 14.54% and a return on equity of 17.33%. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $7.12 billion. During the same quarter last year, the business earned $1.25 earnings per share. Time Warner’s revenue was down 5.4% compared to the same quarter last year. Analysts anticipate that Time Warner will post $5.42 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 15th. Investors of record on Wednesday, August 31st were issued a $0.4025 dividend. The ex-dividend date of this dividend was Monday, August 29th. This represents a $1.61 dividend on an annualized basis and a dividend yield of 2.03%. Time Warner’s payout ratio is currently 32.01%.
In related news, insider Karen Magee sold 14,240 shares of the business’s stock in a transaction that occurred on Thursday, August 25th. The shares were sold at an average price of $79.97, for a total value of $1,138,772.80. Following the sale, the insider now directly owns 7,461 shares in the company, valued at approximately $596,656.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul T. Cappuccio sold 56,595 shares of the business’s stock in a transaction that occurred on Wednesday, September 7th. The stock was sold at an average price of $78.24, for a total transaction of $4,427,992.80. Following the completion of the sale, the executive vice president now owns 157,877 shares in the company, valued at $12,352,296.48. The disclosure for this sale can be found here. 0.16% of the stock is currently owned by corporate insiders.
Read full story at http://dailyquint.com/2016-10-15-time-warners-twx-hold-rating-reaffirmed-at-needham-company-llc/
Jefferies Group Analysts Boost Earnings Estimates for Time Warner Inc. (TWX)
Time Warner Inc. (NYSE:TWX) – Analysts at Jefferies Group boosted their FY2016 earnings per share estimates for shares of Time Warner in a research report issued to clients and investors on Monday. Jefferies Group analyst J. Janedis now forecasts that the firm will post earnings per share of $5.46 for the year, up from their previous estimate of $5.45. Jefferies Group has a “Buy” rating on the stock. Jefferies Group also issued estimates for Time Warner’s Q1 2017 earnings at $1.46 EPS.
TWX has been the subject of a number of other research reports. Brean Capital restated a “buy” rating and set a $90.00 price objective on shares of Time Warner in a research report on Friday, August 5th. Albert Fried & Company restated an “outperform” rating and set a $90.00 price objective on shares of Time Warner in a research report on Thursday, September 29th. Vetr upgraded Time Warner from a “buy” rating to a “strong-buy” rating and set a $83.96 price objective for the company in a research report on Monday, September 19th. Wedbush boosted their price objective on Time Warner from $82.00 to $88.00 and gave the company an “outperform” rating in a research report on Friday, July 29th. Finally, Goldman Sachs Group Inc. restated a “buy” rating on shares of Time Warner in a research report on Wednesday, July 6th. One research analyst has rated the stock with a sell rating, nine have given a hold rating, twenty-four have issued a buy rating and one has given a strong buy rating to the stock. Time Warner presently has a consensus rating of “Buy” and an average price target of $86.11.
Time Warner (NYSE:TWX) opened at 79.91 on Tuesday. The stock has a 50 day moving average price of $78.12 and a 200-day moving average price of $76.12. Time Warner has a 12 month low of $55.53 and a 12 month high of $81.33. The stock has a market cap of $62.16 billion, a PE ratio of 15.90 and a beta of 1.21.
Time Warner (NYSE:TWX) last announced its quarterly earnings results on Wednesday, August 3rd. The media conglomerate reported $1.29 earnings per share for the quarter, beating analysts’ consensus estimates of $1.16 by $0.13. Time Warner had a return on equity of 17.33% and a net margin of 14.54%. The business earned $7 billion during the quarter, compared to analysts’ expectations of $7.12 billion. During the same quarter last year, the business posted $1.25 earnings per share. The business’s revenue for the quarter was down 5.4% on a year-over-year basis.
Institutional investors have recently bought and sold shares of the company. BB&T Securities LLC boosted its position in Time Warner by 514.5% in the first quarter. BB&T Securities LLC now owns 478,589 shares of the media conglomerate’s stock valued at $34,721,000 after buying an additional 400,711 shares during the period. OMERS ADMINISTRATION Corp purchased a new position in Time Warner during the first quarter valued at approximately $595,000. NWQ Investment Management Company LLC boosted its position in Time Warner by 19.3% in the first quarter. NWQ Investment Management Company LLC now owns 962,948 shares of the media conglomerate’s stock valued at $69,862,000 after buying an additional 155,799 shares during the period. AMF Pensionsforsakring AB boosted its position in Time Warner by 32.8% in the first quarter. AMF Pensionsforsakring AB now owns 1,291,207 shares of the media conglomerate’s stock valued at $93,677,000 after buying an additional 318,570 shares during the period. Finally, Motley Fool Wealth Management LLC boosted its position in Time Warner by 9.4% in the first quarter. Motley Fool Wealth Management LLC now owns 18,896 shares of the media conglomerate’s stock valued at $1,371,000 after buying an additional 1,624 shares during the period. 80.67% of the stock is owned by institutional investors and hedge funds.
Read full story at http://baseballnewssource.com/markets/jefferies-group-analysts-boost-earnings-estimates-for-time-warner-inc-twx/149582.html
Today's Top Gainers in the Market Time Warner Inc. (NYSE:TWX) from Services
Today’s top gainers include the company Time Warner Inc. (NYSE:TWX) which is in the industry Entertainment – Diversified, gaining 0.48% today. In the last week its performance is 0.05%, and 1.92% for the past quarter. Currently, Time Warner Inc., TWX has a target price of 87.85, so today’s gain of 0.48% is a significant step towards its target price. The GAP today is therefore 0.44%.
Time Warner Inc. (NYSE:TWX), has a market cap of 62261.09, and is based in USA. Insider ownership is at 0.10%, and institutional ownership is 82.60%.
At the current price of 79.36, it has a dividend yield of 2.03%, and its target price is 87.85. This is with a profit margin of 14.50%, and total debt/equity of 1.02. Time Warner Inc. (NYSE:TWX) has a P/E of 15.93, as well as a forward P/E of 13.14.
With a current EPS of 4.98, and a forecasted EPS growth for next year at 11.36%,Time Warner Inc. (NYSE:TWX) has had a EPS growth for the past five years at 15.30%. For the next five years EPS growth is projected to be 14.42%.
Performance for the year is 10.95%. Since its IPO date on 3/19/1992, the total performance to date is 24.77%.
Volume today for Time Warner Inc. (NYSE:TWX), is 1716100, while its average volume is 3528.82. Whilst the total gain today was 0.48%, it did have a day high of -1.92%.
Volatility for this week has been at 1.09%, and 1.51% for the month. The 52-week low for Time Warner Inc., TWX has been 45.31%, while the 52-week-high has reached -1.92%.
Looking at its return of investments, which is 11.00%, and its return on assets is 6.40%. Time Warner Inc. (NYSE:TWX) has an operating margin of 25.30%. With a sales growth of -52.00% quarter over quarter. Bearing in mind that Time Warner Inc., TWX is in the sector Services, its long-term debt/equity is 1.02, and has a current ratio of 1.9 and 1.6 for quick ratio.
So what is the value of Time Warner Inc.? Well its PEG is 1.1, and the P/S is 2.23, along with a P/B of 2.61. Meanwhile it has a p/cash of 24.94.
Read full story at http://thedailyleicester.com/todays-top-gainers-in-the-market-time-warner-inc-nysetwx-from-services-16/
How has Time Warner Inc.:(NYSE:TWX) performed recently?
Time Warner Inc. (NYSE: TWX) is a large market cap stock with a market cap of 62438.35. It is in the Entertainment – Diversified industry and sector Services, with a current P/E of 15.97, a forward P/E of 13.18 and EPS of 4.98. At a stock price of 79.59 (0.52%) it has a dividend yield of 2.02%.
For performance, Time Warner Inc. the past week has seen a gain of 1.31%. For the last month performance for Time Warner Inc. is 1.53%. While the last quarter is 5.11% and half year, 10.33%. Finally for the year, performance is 13.89%.
The 52-week high for Time Warner Inc., is at -1.64%, and for the 52-week low it comes to a value of 45.73%. The 20-day simple moving average is 1.76% and 9.43% for the 200-day simple moving average.
Volatility for the week is at 1.22%, and for the month it is 1.54%. Time Warner Inc., has a target price of 87.85.
In terms of debt, long term debt/equity is 1.02, and for total debt/equity Time Warner Inc. has 1.02. The gross margin is 43.60%, while operating margin is 25.30%, the profit margin is 14.50%. The current ratio is 1.9 and the quick ratio is 1.6.
Read full story at http://thedailyleicester.com/how-has-time-warner-inc-nysetwx-performed-recently-10/
Is Time Warner Inc.(NYSE: TWX), a large market cap stock a smart buy?
With a market cap of has a large market cap size. Time Warner Inc. (NYSE: TWX) has been on the stock market since its IPO date on the 3/19/1992. Time Warner Inc. is in the Entertainment – Diversified industry and Services sector. Average volume for Time Warner Inc., is 3617.55, and so far today it has a volume of 2887600. Performance year to date since the 3/19/1992 is 24.71%.
To help you determine whether Time Warner Inc. is undervalued the following values will help you decide. P/E is 15.92 and forward P/E is 13.13. PEG perhaps more useful shows that Time Warner Inc. has a value for PEG of 1.1. P/S ratio is 2.23 and the P/B ratio is 2.6. The P/Cash and P/Free cash flow is 24.93 and 26.23 respectively.
At the current price Time Warner Inc. is trading at, 79.32 (-0.36% today), Time Warner Inc. has a dividend yield of 2.03%, and this is covered by a payout ratio of 29.70%. Earnings per share (EPS) is 4.98, and this is looking to grow in the next year to 11.36% after growing 4.10% this past year. EPS growth quarter over quarter is -47.50%, and -52.00% for sales growth quarter over quarter.
The number of shares outstanding is 784.5, and the number of shares float is 776.94. The senior management bring insider ownership to 0.10%, and institutional ownership is at 82.70%. The float short is 1.49%, with the short ratio at a value of 3.21. Management has seen a return on assets of 6.40%, and also a return on investment of 11.00%.
The ability for Time Warner Inc., to deal with debt, means it current ratio is 1.9, and quick ratio is 1.6. Long term debt/equity is 1.02 and total debt/equity is 1.02. In terms of margins, Time Warner Inc. has a gross margin of 43.60%, with its operating margin at 25.30%, and Time Warner Inc. has a profit margin of 14.50%.
Read full story at http://thedailyleicester.com/is-time-warner-inc-nyse-twx-a-large-market-cap-stock-a-smart-buy-11/
The signs and service trucks at Time Warner Cable's East El Paso headquarters don't show the change yet, but El Paso's long-time cable-TV and cable-internet provider this month began selling its new brand of service packages as part of its new owner's Texas product launch and rebranding.
Spectrum is the brand replacing Time Warner for cable TV, Internet, and phone services in El Paso.
"Over coming months you will see Time Warner" signs and logos changed to Spectrum, said Brian Anderson, regional spokesman in Fort Worth for Charter Communications. "New Spectrum packages are now available. But that doesn't mean you have to take any action if your are a (current) Time Warner customer and are happy with your (products) package."
Charter, based in Stamford Conn., in May completed its acquisition of Time Warner, the nation's second-largest cable-TV and cable-internet operator, and Bright House Networks, the nation's sixth-largest cable operator.
The deal, in which Charter paid more than $70 billion for both companies, according to published reports, makes Charter the nation's second-largest cable provider behind Philadelphia-based Comcast.
One of Charter's first moves was to boost its starting internet speed from 50 megabits per second to 60 megabits in El Paso, and to 100 megabits in Dallas, Austin, San Antonio, and Waco, where it has the capabilities to offer the higher speed, Anderson said.
Spectrum TV, internet, and phone packages do not have contracts as was the case with Time Warner product packages, he said.
Spectrum offers TV, internet, and phone service for $30 each in El Paso if bundled together, Anderson said. Separately, the packages cost much more. Basic internet service with home WiFi with a 60 megabits per second speed is $45 per month, plus a one-time $10 WiFi activation fee, according to Spectrum's Web site.
Read full story at http://www.elpasotimes.com/story/money/business/2016/09/30/el-paso-cable-tv-internet-company-acquisition/91348968/
Jessica Holscott Appointed Head of Investor Relations for Time Warner Inc.
NEW YORK – Time Warner Inc. Chief Financial Officer Howard Averill today announced that Jessica Holscott has been appointed to lead Time Warner’s Investor Relations group and serve as the company's principal day-to-day contact with the investment community. Ms. Holscott joined Time Warner in March of this year to work closely with and ultimately succeed Mike Kopelman, who served as head of the IR group for the past three years. Mr. Kopelman is joining Home Box Office as Senior Vice President, Finance - Strategic Planning.
In making the announcement Mr. Averill said: “With nearly two decades of experience under her belt and extensive knowledge of financial operations, Jessica is the right person to lead our investor relations efforts. In her previous role at Delphi, Institutional Investor ranked Jessica and her group at Delphi as being the top Investor Relations officer and Investor Relations team respectively in their industry. And in the months since she has joined Time Warner, she has already become an integral part of the Company's corporate management team.”
Regarding Mr. Kopelman, he added: “Mike has done a terrific job developing and executing the Company's investor relations efforts and has served as a partner in helping us chart the strategic course that has led to our industry leading operating and financial performance. We look forward to his continuing contributions in his new role at HBO, as he takes the next step in his impressive career at Time Warner.”
At Delphi, where Ms. Holscott was Vice President of Investor Relations and Treasurer, she was responsible for communicating the company's strategy, growth prospects and financial performance to investors and analysts. Additionally in her role as Delphi's Treasurer, she was also responsible for optimizing Delphi's capital structure, maximizing liquidity and managing foreign exchange and commodity risk.
Before joining Delphi, Ms. Holscott spent 16 years at General Electric Company working her way up to Chief Financial Officer of GE Asset Management, where she led all financial operations for what is one of the largest managers of institutional assets in the world. During her time at GE, she also served as Senior Vice President and Chief Financial Officer for the NBC Universal TV Stations Division.
Read full story at http://www.timewarner.com/newsroom/press-releases/2016/09/29/jessica-holscott-appointed-head-of-investor-relations-for-time