Wednesday, January 7, 2009

Time Warner Cable reduces value of cable franchise rights - Lincoln Journal Star

Time Warner Cable reduces value of cable franchise rights - Lincoln Journal Star
Time Warner Cable Inc. said Wednesday it expects to record a $15 billion noncash impairment charge on its cable franchise rights in the fourth quarter, which means it will lose money for 2008. An impairment charge means it’s reducing the value of

Fitch: BofA Enhances Global Franchise with Merrill Buy; IDR Affirmed - Businesswire.com
CHICAGO--( BUSINESS WIRE )--Bank of America Corporation's (BAC) completed acquisition of Merrill Lynch & Co., Inc., (MER) enhances the bank's already global presence in capital markets activities, investment banking, large corporate lending, real

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