February 14, 2014 |
Comcast Corp. and Time Warner Cable Inc. formally announced Thursday that the two cable giants would merge in an all-stock transaction valued at $45.2 billion. Comcast will control the combined entity in a deal that values Time Warner shares at $158.82 a share. Comcast chief executive Brian Roberts said on Thursday morning in a conference call with analysts that a merger with Comcast and Time Warner Cable will create a "near national platform" for its cable-TV and broadband businesses with exposure in 43 of the nations top 50 TV markets.
May 2, 2015 |
Lawrence S. Smith, 67, of Worcester Township and Jupiter, Fla., an executive who helped build Comcast Corp. from a small regional company into an industry leader in cable television, died Tuesday, April 28, at the Hospital of the University of Pennsylvania of complications from aplastic anemia. "Larry was unique and a role model for everyone on how to enjoy all that life offers," said Brian Roberts, the company's chairman and CEO. "His time on Earth seems way too short, and we are so saddened today.
May 23, 2014 |
Comcast Corp. held an uneventful shareholders meeting Wednesday, during which chief executive Brian Roberts reiterated his sentiment that he was "extremely excited" about a proposed merger with Time Warner Cable Inc., and unionized Comcast technicians pressured the company to improve its treatment of them. The Chicago union, one of the few recognized by Comcast, is negotiating a new contract. Roberts said the meeting was not the venue for bargaining. After the meeting at the Kimmel Center, about 50 antimerger protesters on the sidewalk chanted "Comcast has the tower and the people have the power," calling it a peoples' vote on the merger.
October 25, 2014 |
Third-quarter revenue at Comcast Corp. rose 4 percent, to $16.8 billion, and net income soared 50 percent, to $2.6 billion, as the company added 315,000 high-speed Internet customers and shed 81,000 TV customers, the cable giant reported Thursday. When adjusted for a tax gain and $77 million in expenses associated with the proposed acquisition of Time Warner Cable Inc., net income rose 10.6 percent, the company said. Shares of Comcast, in addition to those of acquisition target Time Warner Cable, jumped in morning trading on a broad surge on Wall Street.
September 21, 2007 |
Nick Markakis scored the go-ahead run on an error in the 10th inning as the visiting Baltimore Orioles beat the Texas Rangers, 6-3, last night, in their first meeting since the Rangers scored an AL record 39 runs in a doubleheader sweep last month. Melvin Mora added an RBI single and Brian Roberts hit a three-run homer off Wes Littleton, but the Orioles had to hang on as Fernando Carbrera gave up two runs in the 10th. Jamie Walker (2-2), the fifth of six Baltimore pitchers, struck out three in 1 2-3 innings.
October 13, 2005 |
As a reward for guiding the Baltimore Orioles through the most tumultuous 2-month stretch in franchise history, Sam Perlozzo had the "interim" label removed from his job title yesterday and signed a 3-year contract as manager. Perlozzo takes control of a team that has suffered through eight straight losing seasons, the longest such run since the Orioles moved from St. Louis in 1954. Perlozzo was promoted from bench coach to interim manager on Aug. 4, taking over for Lee Mazzilli after the Orioles lost 16 of 18 to sink into fourth place in the AL East.
May 17, 2013 |
About a dozen tea party activists from the Philadelphia area gathered outside the Kimmel Center on Wednesday - site of Comcast Corp.'s annual shareholders' meeting - to protest the company's ownership of the liberal-leaning MSNBC 24-hour cable news channel. Inside the meeting, shareholders peppered Comcast chief executive officer Brian Roberts about the company's decision to ban local gun-shop advertisements. There were also complaints about the Rev. Al Sharpton, host of PoliticsNation on MSNBC.
February 14, 2008 |
Ryan Dempster plans to move from closer to starter for the Chicago Cubs this season. On the first day of spring training yesterday in Mesa, Ariz., he took on another role: prognosticator. "I think we are going to win the World Series. I really do," Dempster said. That's a bold prediction before the start of a season that marks the 100th anniversary of the Cubs' last World Series winner. The Cubs did make it to the postseason last season, winning the NL Central before being swept in three games by Arizona in the first round.
May 5, 2004 |
Alex Rodriguez made history last night. A-Rod hit his 350th career homer, becoming the youngest player in major league history to reach the mark as the visiting New York Yankees beat the Oakland Athletics, 10-8. Rodriguez, the Yankees' third baseman, is the 70th player to hit 350. He did it at 28 years, 282 days. Ken Griffey Jr. hit his 350th at 28 years, 308 days. Rodriguez's three-run shot off Mark Mulder in the seventh to left-center also gave the reigning American League MVP 1,001 RBI. In other games: At Toronto, the Blue Jays overcame a shaky start by Pat Hentgen to beat the Kansas City Royals, 5-4, and win only their second home game of the season.
July 31, 2012
The Padres and their all-star closer, Huston Street, have agreed to a $14 million, two-year contract through 2014. The deal announced Sunday includes $7 million salaries for each of the next two seasons and a $7 million team option for 2015. Street, who turns 29 on Thursday, is 2-0 with a 0.91 ERA and has converted all 17 save opportunities in his first season with the Padres. "You find a place that you're comfortable with, obviously success makes you feel more comfortable, but also the team, my teammates, wanting to be a teammate with these guys for an extended period of time," Street said.