The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Now that Comcast Corp has sealed a deal to purchase Time Warner Cable Inc for $45.2 billion in stock, its top executives face a new challenge: clearing formidable regulatory hurdles. The government review is likely to be lengthy and could touch on everything from cable prices to the way web traffic is prioritized. ()* Americans cut spending last month on a broad swath of retail goods including cars, furniture and clothing, raising fresh doubts about the economy's ability to gain speed this year. ()
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC traded higher by 7.02% or $9.5/share to $144.81. In the past year, the shares have traded as low as $84.57 and as high as $146.19. On average, 3290400 shares of TWC exchange hands on a given day and today's volume is recorded at 26664442.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.71% or $-0.46/share to $64.60. In the past year, the shares have traded as low as $51.62 and as high as $70.77. On average, 5095120 shares of TWX exchange hands on a given day and today's volume is recorded at 5307848.
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