Time Warner Cable Inc, the second-largest U.S. cable operator, posted a 19.5 percent rise in quarterly profit as its residential subscriber trends improved through the quarter. Net income attributable to common shareholders rose to $479 million, or $1.70 per share, in the first quarter ended March 31, from $401 million, or $1.34 per share, a year earlier.Excluding items, the company earned $1.78 per share - above analysts' average expectation of $1.68 per share, according to Thomson Reuters I/B/E/S.Revenue rose 2 percent to $5.58 billion. Analysts were expecting $5.64 billion. The company said it lost 34,000 residential video customers in the quarter on a net basis.Time Warner Cable will be acquired in a $45.2 billion deal by Comcast once regulators approve the transaction.
Thomson Reuters Corporation (Thomson Reuters), is a provider of information for the world?s businesses and professionals. Shares of TRI fell by 0.81% or $-0.28/share to $34.41. In the past year, the shares have traded as low as $31.38 and as high as $38.73. On average, 840058 shares of TRI exchange hands on a given day and today's volume is recorded at 532137.
Shares of TRI fell by 0.89% or $-0.34/share to $37.92. In the past year, the shares have traded as low as $33.02 and as high as $42.10. On average, 974842 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 662766.
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 1.04% or $1.44/share to $139.87. In the past year, the shares have traded as low as $89.81 and as high as $147.28. On average, 3623580 shares of TWC exchange hands on a given day and today's volume is recorded at 2533863.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX traded higher by 1.66% or $1.08/share to $66.00. In the past year, the shares have traded as low as $55.71 and as high as $70.77. On average, 5847280 shares of TWX exchange hands on a given day and today's volume is recorded at 6905527.
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