Cablevision: Buyback, Separate "Content" Stock Coming?

August 15, 2008 at 12:46 pm PT

U.S. cable operator Cablevision’s (CVC) announcement this morning that it will pay a quarterly dividend of 10 cents a share does not preclude the company from doing a large share buyback, says Collins Stewart analyst Thomas Eagan in a note to clients this morning.

As [fellow Tech Trader Daily writer] Eric Savitz noted yesterday, the Dolan family that controls Cablevision has taken what some consider a more “shareholder-friendly” stance of late, perhaps because activist investor Harbinger has taken a 5 percent stake in the company.

Read the rest of this post

Tagged with: Apple, Barrons, Cablevision, Collins Stewart, Dolan, Facebook, frontpage, Google, Harbinger, Tech Trader Daily, Thomas Eagan, Tiernan Ray

comments so far. Add yours.

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Web Sites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other Web sites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Voices is edited by Beth Callaghan.