Stox unfazed by cable law

Despite Congress’ vote to regulate the cable industry on Monday, the set-back had little effect on the company stocks.

Top cabler, Tele-Communications Inc., closed up 1/2 to 17 7/8, while Time Warner, the second-largest MSO, nudged up an eighth to 23 1/2. Turner Broadcasting, the cable programming giant, closed unchanged at 19 1/2.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety