Financial News from Closing Bell from 6/24/2009

“… Watch videos online would consider ending their cable subscriptions within about five years. Maria, a number of other cable companies and providers are expected to join time warner and COMCAST to announce more tests they are working on this. >> julia, thank you very much. >>> up next, we’ll tell you what else, besides the weekly jobless claims numbers will move for …” – CMCSA on Closing Bell

“… Users, about one-third of tv about one-third of people who watch videos online would consider ending their cable subscriptions within about five years. Maria, a number of other cable companies and providers are expected to join TIME WARNER and comcast to announce more tests they are working on this. >> julia, thank you very much. >>> up next, we’ll tell you what else, besides the weekly jobless claims numbers will move for …” – TWX on Closing Bell

“… >> reporter: time warner is anxious to protect cable subscription fees, a significant predictable source of profits still strong despite the COMCAST wants to keep customers from dropping cable in return for high speed internet access. Hulu attracted 4 million unique …” – CMCSA on Closing Bell

“… And high promotional spending. Shares down 12% tonight. >>> the cable tv industry making its first attempt to stave off the effects of the internet. Julia has the story. >> reporter: TIME WARNER and comcast announced a partnership for tv everywhere to distribute cable tv content through subscribers through the web. The nation’s largest cable provider will test on demand online, giving 5,000 comcast subscribers online access to shows from TIME WARNER’s tnt and tbs. >> they want to prove that awe tent kags can work to keep the piracy issue mitigated and that the content owner is still going to get paid for the viewage — the viewership of their content >> reporter: TIME WARNER is anxious to protect cable subscription fees, a significant predictable source of profits still strong despite the comcast wants to keep customers …” – TWX on Closing Bell

“… Shares down 12% tonight. >>> the cable tv industry making its first attempt to stave off the effects of the internet. Julia has the story. >> reporter: time warner and COMCAST announced a partnership for tv everywhere to distribute cable tv content through subscribers through the web. The nation’s largest cable provider will test on demand online, giving 5,000 COMCAST subscribers online access to shows from time warner’s tnt and tbs. >> they want to prove that awe tent kags can work to keep the piracy issue mitigated and that …” – CMCSA on Closing Bell

“… That’s because of the recent dreamliner skwlet. Both firms cutting the earnings expectations. The company was down nearly 6% >>> casino operator easing at MGM mirage. The company said its recent stock offering and amends credit agreement have removed substantial doubt about its ability to continue as a going MGM raised more than $1 billion from last month’s public offering of nearly 165 million the stock today up a sharp >>> super value warned its first quarter profit will come in …” – MGM on Closing Bell

“… A look at the other stories on the closing bell ticket. Morgan stanley cutting boeing’s stock from equal weight to overweight. And OPPENHEIMER reduced its weight on the stock from underperform to perform. That’s because of the recent dreamliner skwlet. Both firms cutting the earnings expectations. …” – OPY on Closing Bell

“… >>> welcome back now. A look at the other stories on the closing bell ticket. Morgan stanley cutting BOEING’s stock from equal weight to overweight. And oppenheimer reduced its weight on the stock from underperform to perform. That’s because of the recent …” – BA on Closing Bell

“… >>> welcome back now. A look at the other stories on the closing bell ticket. MORGAN STANLEY cutting boeing’s stock from equal weight to overweight. And oppenheimer reduced its weight on the stock from underperform to perform. That’s because of the recent …” – MS on Closing Bell

“… >> nice to have you on the program. We so appreciate you joining us. Stay with us at the nyse. Up next on "closing bell," we’ll tell you how time warner and COMCAST are teaming up trying to keep cable customers from fleeing to free online content. …” – CMCSA on Closing Bell