Cable company Charter buying Time Warner

Cable company Charter buying Time Warner

The deal comes a month after Comcast walked away from a bid for Time Warner Cable after intense pressure from regulators. Providers are beginning to lose TV subscribers, costs for TV, sports and movies are rising and they are facing more pressure from online video services such as Netflix and Hulu. The deal for Time Warner Cable was backed by John Malone's Liberty Broadcast Corp, giving the cabl…

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    Banks are becoming less free and easy with their investor home loans, and that could cool the property market a little and give the RBA less reason to lift interest rates. In a report on Tuesday, ANZ Bank economists David Cannington and Felicity Emmett say it is difficult to calculate exactly how much these changes will affect the supply of mortgages.

  • NSW premier stands by ICAC laws AAP - 5 hours ago
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  • $A slides as greenback strengthens AAP - 6 hours ago

    The Australian dollar has fallen below 78 US cents against a strengthening US dollar. The greenback continues to rally on speculation the US Federal Reserve will raise its interest rate sooner rather than later. "The Australian dollar fell against the greenback, but experienced mixed results against other major currencies," Morningstar analysts said.

  • Bonds firmer in quiet trade AAP - 7 hours ago

    The bond market is firmer following the release of poor consumer sentiment numbers. The strength came after a quiet night of trade as markets in the US and most of Europe were closed for public holidays. ...

  • AGL shares rally on asset sales AAP - 8 hours ago
    AGL shares rally on asset sales

    AGL announced the asset sales and cost cutting plans on Tuesday as part of a wide ranging restructure that will also see it focus heavily on solar energy and smart metering. AGL aims to sell off around $1 billion worth of assets by the end of the 2016/17 financial year, and IG market strategist Evan Lucas said the company's controversial Gloucester coal seam gas project in New South Wales is likely to be cast off.

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  • Fortescue shares surge on Chinese whispers AAP - 8 hours ago
    Fortescue shares surge on Chinese whispers

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    This week economists will receive an important report card on Australia's progress on Thursday. The quarterly survey of business investment plans has always been important, but never more crucial to Australia's economic outlook than it is now. ANZ economists Daniel Gradwell and Felicity Emmett said the previous survey, done in January/early February, was "not pretty".

  • OzForex shares plunge despite profit rise AAP - 8 hours ago

    OzForex shares have dropped sharply despite the currency trader announcing a 52 per cent increase in full year profit. The company made a $24.3 million profit for the year to March 31, which was up from $16 million a year ago but still shy of expectations. OptionsXpress market analyst Ben Le Brun said the market had been looking for a profit above $25 million, which has substantial future growth priced into its share price.

  • New CEO for Cochlear AAP - 9 hours ago

    Hearing implants maker Cochlear has promoted the head of its North American operations, Chris Smith, to be its next chief executive. Mr Smith will become deputy chief executive from July 1 before replacing long standing CEO Chris Roberts on September 1. The Cochlear board had been discussing succession plans for some time, chairman Rick Holliday-Smith said.

  • Stocks to watch on Tuesday AAP - 9 hours ago

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  • Aust shares close higher AAP - 9 hours ago

    The Australian share market has closed higher, with a strong performance by the big four banks. At the close on Tuesday, the benchmark S&P/ASX200 index was 51.9 points, or 0.91 per cent, higher at 5,773.4, ...

  • MONEY TALKS: Who saves the KiwiSavers? BusinessDesk - 9 hours ago

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    ![CDATA[ By Suze Metherell May 26 (BusinessDesk) - New Zealand shares rose, led by Tower, after the general insurer lifted its dividend. Dual-listed stocks such as Fletcher Building and a2 Milk Co advanced ...

New Zealand Markets

Company Finances

  • McDonald's CEO 'proud' of pay hike AAP - Fri, May 22, 2015 11:05 AM NZST
    McDonald's CEO 'proud' of pay hike

    McDonald's CEO Steve Easterbrook says he's "incredibly proud" of a recent decision to bump pay for some workers, even as hundreds of protesters outside called on the company to do more ahead of its annual shareholder meeting. Easterbrook, who stepped into his role in March, is fighting to revive sluggish sales and convince people that McDonald's is a "modern, progressive burger company". Easterbrook said at the meeting in Oak Brook, Illinois, that he was proud of the decision announced last month to raise pay for workers at company-owned stores to $1 above the local minimum wage, as well as offer help with college tuition to workers at all stores.

  • 5 of the Most Controversial Ads in Recent History Entrepreneur - Fri, May 22, 2015 8:24 AM NZST
    5 of the Most Controversial Ads in Recent History

    From puppy mills to beauty standards, the themes of these commercials provoked polarizing reactions.

  • 5 Uncomfortable Questions Asked at McDonald's Company Shareholders' Meeting Entrepreneur - Fri, May 22, 2015 6:40 AM NZST
    5 Uncomfortable Questions Asked at McDonald's Company Shareholders' Meeting

    Like to complain about McDonald's? You'd fit right in at the company's shareholders' meeting.

  • McDonald's CEO faces shareholders amid protests, sales woes Associated Press - Fri, May 22, 2015 2:16 AM NZST
    McDonald's CEO faces shareholders amid protests, sales woes

    McDonald's CEO Steve Easterbrook is set to make his debut before shareholders at the company's annual meeting Thursday at a time when the chain is facing declining sales and ongoing protests over worker ...

  • Uniroyal celebrates 50th anniversary of giant tire Associated Press - Thu, May 21, 2015 11:48 AM NZST
    Uniroyal celebrates 50th anniversary of giant tire

    Generations of motorists have passed by the world's largest tire, which sits alongside a busy stretch of Detroit-area freeway. On Wednesday, however, dozens of visitors enjoyed a different vantage point ...

  • House panel votes to repeal country-origin meat labeling law Associated Press - Thu, May 21, 2015 8:35 AM NZST
    House panel votes to repeal country-origin meat labeling law

    A House committee has voted to get rid of labels on packages of meat that say where the animals were born, raised and slaughtered. The House Agriculture Committee voted 38-6 to repeal a "country-of-origin" ...

  • What you need to know about the Takata air bag recall Associated Press - Thu, May 21, 2015 8:34 AM NZST
    What you need to know about the Takata air bag recall

    A recall of air bags made by Japanese auto parts supplier Takata Corp. now has the dubious distinction of being the largest in U.S. history. The number of vehicles in the U.S. being recalled because of ...

  • This New Virtual Reality Headset Tracks Your Eye Movements Entrepreneur - Thu, May 21, 2015 7:50 AM NZST
    This New Virtual Reality Headset Tracks Your Eye Movements

    FOVE has launched a Kickstarter campaign to fund production and manufacturing of its headset.

  • Target beating Wal-Mart in race for turnaround Associated Press - Thu, May 21, 2015 5:58 AM NZST
    Target beating Wal-Mart in race for turnaround

    Target is beating Wal-Mart in the race to beef up sales. Target Corp. on Wednesday reported a nearly 52 percent surge in its first-quarter profit on strong sales of more profitable items like fashion and ...

  • Toyota recalls 181,000 cars AAP - Wed, May 20, 2015 8:13 PM NZST
    Toyota recalls 181,000 cars

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