The following corporate finance-related stories were reported by media: * Comcast may divest about 4 million subscribers after its merger with Time Warner Cable, and is working to reach an accord to sell a portion of those customers to Charter Communications, a source familiar with the matter said Tuesday.* Azul Linhas Aereas, Brazil's third-biggest airline, is set to announce a fleet expansion on Wednesday including an order for its first wide-body aircraft from European planemaker Airbus , according to two people with knowledge of the deal.
Charter Communications, Inc. (Charter) provides cable services in the United States, offering a range of entertainment, information and communications solutions to residential and commercial customers. Shares of CHTR traded higher by 2.71% or $3.35/share to $126.96. In the past year, the shares have traded as low as $99.41 and as high as $144.02. On average, 1705000 shares of CHTR exchange hands on a given day and today's volume is recorded at 1961667.
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 1.34% or $1.83/share to $138.43. In the past year, the shares have traded as low as $89.81 and as high as $147.28. On average, 3626330 shares of TWC exchange hands on a given day and today's volume is recorded at 4743316.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.2% or $-0.13/share to $64.92. In the past year, the shares have traded as low as $55.71 and as high as $70.77. On average, 5847680 shares of TWX exchange hands on a given day and today's volume is recorded at 3678366.
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