Time Warner Cable Stock Slips; Broadband Adds Light
Time Warner Cable (TWC) shares were down nearly 7% in early trading Thursday after the company reported Q4 EPS above views but added fewer broadband customers than estimated, with revenue below analysts' forecast. Time Warner Cable said it earned $1.57 per share in Q4, up 14% from the year-earlier quarter. Revenue rose 9.9% to $4.485 billion. Analysts had expected $1.55 per share on revenue of $4.55 billion. TWC added only 75,000 broadband
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