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Wednesday, December 3, 2014

U.S. FCC restarts clock on Comcast-TWC, AT&T-DirecTV mergers, (NASDAQ: DTV), (NYSE: T), (NYSE: TWC), (NYSE: TWX)

U.S. Federal Communications Commission on Wednesday restarted its informal 180-day countdown to review the proposed mergers between Comcast Corp and Time Warner Cable Inc, and AT&T Inc and DirecTV.The FCC's self-imposed, non-binding "shot clock" will restart at Day 70 for the AT&T-DirecTV merger and Day 85 for the Comcast-Time Warner Cable merger, the agency said.The agency had paused the clock on the reviews as it figured out how to properly consider and allow the public to review sensitive documents related to agreements with media companies.The FCC will now restart its collection of public comments on various aspects of the merger, allowing some reviewers to access highly confidential information that is not related to video programming agreements.

DIRECTV is a provider of digital television entertainment in the United States and Latin America. Shares of DTV fell by 0.48% or $-0.42/share to $86.51. In the past year, the shares have traded as low as $64.62 and as high as $89.46. On average, 2752040 shares of DTV exchange hands on a given day and today's volume is recorded at 651861.

AT&T Inc. (AT&T), is a holding company. The Company is a provider of telecommunications services. Shares of T fell by 0.25% or $-0.085/share to $34.20. In the past year, the shares have traded as low as $31.74 and as high as $37.48. On average, 21218600 shares of T exchange hands on a given day and today's volume is recorded at 12996652.

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 fell by 0.3% or $-0.45/share to $148.84. In the past year, the shares have traded as low as $128.78 and as high as $155.32. On average, 2906580 shares of TWC exchange hands on a given day and today's volume is recorded at 290190.

Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.73% or $-0.62/share to $83.86. In the past year, the shares have traded as low as $58.22 and as high as $88.13. On average, 5405960 shares of TWX exchange hands on a given day and today's volume is recorded at 1523923.



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