Time Warner Cable Zips Higher and Other #Stocks2Watch


Published February 13, 2014

| FOXBusiness

Time Warner Cable Zips Higher and Other #Stocks2Watch

#Stocks2Watch: Time Warner Cable Zips Higher

Time Warner Cable shares roared higher in early action after Comcast said it would buy the cable company for $45.2 billion. 

Time Warner Cable [TWC]

Triple Play: Comcast said it will buy Time Warner Cable in an all-stock deal valued at $45.2 billion. Time Warner shares are surging 12% in the pre-market, Comcast is up 2%. Meanwhile, Charter Communications, which previously made a bid for TWC, is tumbling some 6%. 

Cisco [CSCO]

Cisco posted better-than-expected quarterly results after the bell Wednesday. However, the networking giant posted a gloomy current-quarter outlook and warned about the choppy economic recovery. The shares are down 3.8% in the pre-market.

Whole Foods Market [WFM]

Whole Foods Market revealed worse-than-expected quarterly results after the closing bell Wednesday, and narrowed its full-year outlook. Shares of the wholesome food retailer are tumbling 7.5% in the pre-market.

American International Group [AIG]

American International Group is set to post its quarterly earnings after the close on the day. Shares of the insurance behemoth are trading just mildly lower in early action. 

NVidia [NVDA]

NVidia saw its fiscal-fourth quarter profits slide 16%, but a better-than-expected current-quarter sales view is sending shares of the electronic component maker zipping higher by 3% in pre-market action.