Charter Communications, Inc.
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This Media Company has a Lot of Potential
By Anh HOANG - May 16, 2013 | Tickers: CHTR, LMCA, SIRI
In the first quarter of 2013, two famous investors, Mario Gabelli and Tom Gayner, initiated long positions in Liberty Media (NASDAQ: LMCA). While Tom Gayner bought only 42,000 shares in the company, Mario Gabelli purchased more than 850,000 shares in the first quarter. Let’s take a closer look to determine whether or not investors should own Liberty Media at its current trading price.
At the beginning of more »
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Contrarian Capital’s Best Contrarian Investments
By Meena Krishnamsetty - May 7, 2013 | Tickers: BAC, CHTR, LYB, NRG, RFP
As the name implies, Contrarian Capital invests in distressed securities. The fund is managed by Jon Bauer, who started the Distressed Securities Group at Oppenheimer & Co and currently has over $3 billion in total assets under management. Bauer has a smaller equity-only 13F portfolio, but it’s worth watching regardless. Clearly not every stock in this mini-portfolio is what we would consider “distressed,” but there are securities that have recently more »
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This Media Mogul Is Buying A Portion Of A Cable Company
By Mike Thiessen - April 18, 2013 | Tickers: CHTR, LMCA, SIRI
The first quarter of 2013 has seen a great deal of activity from Liberty Media Corporation (NASDAQ: LMCA). In January, the company gained a controlling interest in Sirius XM Radio, Inc. (NASDAQ: SIRI) and increased its holdings in Live Nation Entertainment, Inc. to 27 percent. During that same month, Liberty Media Corporation spun off Starz Entertainment, primarily known for its premium movie channels, into its own subsidiary. In March came more »
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Media Mogul Buying Portion Of Cable Company
By Mike Thiessen - April 16, 2013 | Tickers: CHTR, LMCA, SIRI
The first quarter of 2013 has seen a great deal of activity from Liberty Media Corporation (NASDAQ: LMCA). In January, the company gained a controlling interest in Sirius XM Radio, Inc. (NASDAQ: SIRI) and increased its holdings in Live Nation Entertainment, Inc. (LYV - NYSE) to 27 percent. During that same month, Liberty Media Corporation spun off Starz Entertainment, primarily known for its premium movie channels, into its own subsidiary. In more »
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The (Ma)lone Ranger Strikes Again
By Robert Hanley - March 26, 2013 | Tickers: CHTR, LMCA, SIRI
John Malone’s Liberty Media (NASDAQ: LMCA) empire has been doing deals at a feverish pace lately, with a recent spinoff of its Starz programming network and the acquisition of a majority stake in Sirius XM Radio (NASDAQ: SIRI). In its latest deal, the company’s founder returned to his roots with a $2.6 billion purchase of a major stake in regional cable provider Charter Communications (NASDAQ: CHTR). So more »
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Is John Malone's Return to Cable a Bullish Sign?
By Anh HOANG - March 25, 2013 | Tickers: CVC, CHTR, CMCSA
John Malone has returned to the cable industry. Should investors follow him into his newest investment at its current price? Let’s dig deeper to find out.
Malone's firm, Liberty Media, has bought a 27.3% stake in Charter Communications (NASDAQ: CHTR), one of the largest providers of cable service in the U.S. At around $95.50 per share, the deal has a total transaction value of around more »
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Tiger Cub Philippe Laffont’s New Stock Picks
By Meena Krishnamsetty - March 24, 2013 | Tickers: CBS, CHTR, EBAY, GRPN, NFLX
In February, Coatue Management- a hedge fund managed by Philippe Laffont, a former employee of legendary investor Julian Robertson’s Tiger Management- filed its 13F for the fourth quarter of 2012, disclosing many of its equity positions as of the end of December. We have found that even with this delay it is possible to use 13Fs to develop investment strategies, given that the most popular small cap stocks among more »
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Is Liberty Media Eyeing Full Control of Charter?
By Shas Dey - March 24, 2013 | Tickers: CHTR, LMCA, VIA
Trading in Charter Communications (NASDAQ: CHTR) shares was halted last Monday when the stock experienced an upward move of more than 8% on news of a possible purchase by John Malone’s Liberty Media (NASDAQ: LMCA). A formal announcement came the next day stating that Liberty Media will invest approximately $2.617 billion in Charter for a 27.3% stake.
Liberty Media will buy approximately 26.9 million shares at more »
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Billionaire Stephen Mandel's Top Moves
By Marshall Hargrave - March 22, 2013 | Tickers: AAPL, CHTR, DG, DLTR, FB
Billionaire Stephen Mandel of Lone Pine Capital was active last quarter, selling off his entire stake of the tech giant Apple (NASDAQ: AAPL), while also making big bets in the discount retail sector. -
Billionaire Howard Marks' Top Contrarian Investments
By Meena Krishnamsetty - March 20, 2013 | Tickers: CHTR, CIT, DLPH, XCO, FBP
Note: This post originally contained incorrect information regarding Oaktree's position in EXCO Resources. It has been edited to remove the error.
Howard Marks was a founder of Oaktree Capital Management in 1995, along with a group of individuals who worked at TCW Group. Before he began managing Oaktree at inception, Marks worked at TCW, overseeing distressed debt, high yield bonds and convertible securities. Oaktree, meanwhile, now manages close to more »
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Apple Is Amongst This $3 Billion Fund’s Top Picks
By Meena Krishnamsetty - January 22, 2013 | Tickers: ACT, ABC, AAPL, CHTR, MIC
Established in 2008, Senator Investment Group was faced with extreme market conditions in its infancy, but that didn’t stop founders Douglas Silverman and Alexander Klabin from accumulating almost $3bn in assets under management. The two investors worked at York Capital Management prior to opening their fund, honing their skills in value, event-driven, and special situation/distressed investing. We at Insider Monkey recently took a peek at their latest 13F more »
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Billionaire Julian Robertson’s Favorite Services Stocks
By Meena Krishnamsetty - December 12, 2012 | Tickers: CHTR, LBTYA, MA, SIRI, V
Julian Robertson became a billionaire through his success at Tiger Management, and also had an enormous effect on the financial world by identifying and grooming a pack of “Tiger Cubs” who are now successful hedge funds managers- and, in some cases, billionaires- themselves. While he no longer manages Tiger for outside investors, he reports many of his long equity positions in quarterly 13F filings (find Robertson's favorite stocks). We more »
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Billionaire Julian Robertson’s 5 Favorite Mid Cap Stocks
By Meena Krishnamsetty - November 22, 2012 | Tickers: CVC, CHTR, OCN, TRIP, VRSN
Legendary investor Julian Robertson of Tiger Management retired some time ago, but his enormous success running the fund- not to mention his ability to produce several successful “Tiger Cub” managers to carry on his legacy- makes him a good investor to follow. We have already processed Robertson’s 13F filing for the third quarter, a document which discloses many of his long equity positions as of the end of September more »
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Billionaire Robertson Slashed Banks for Gold in Q3, Should You?
By Meena Krishnamsetty - November 15, 2012 | Tickers: ABX, CHTR, GS, JPM, OCN
Julian Robertson is quite the legend in the hedge fund space. Robertson stopped managing money for clients a decade ago, but is still widely followed in the media and his comments attract a lot of attention. Robertson returned 31.7% per year after fees between 1980 and 1998, beating the S&P 500's 12.7% annual return by a huge margin. Robertson has bred many hedge fund managers, dubbed more »
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This Cable Company Missed Earnings, But is it a Good Buy?
By Meena Krishnamsetty - November 7, 2012 | Tickers: CHTR, CMCSA, DTV, DISH, TWC
Time Warner Cable (NYSE: TWC) saw its stock drop almost 6% on the news that the cable-television company missed 3Q earnings estimates, with EPS coming in at $1.41, below the consensus of $1.43 a share. The miss comes as the second largest U.S. cable operator saw a greater than expected loss of subscribers, losing some 140,000 video subscribers versus estimates of 128,000.
Despite the decline more »
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Will Google Gobble Cable?
By Pam Peerce-Landers - November 1, 2012 | Tickers: CVC, CHTR, CMCSA, GOOG, TWC |
On February 10, 2010, Google (NASDAQ: GOOG) announced its experimental ultrafast broadband service, soliciting requests for information (RFI's) from interested municipalities and individuals. Over 1,100 communities and 194,000 individuals entered the contest to win Google Fiber. Topeka, Kansas even “renamed” itself, Google, Kansas in their attempt to woo Google. In the end, Google chose Kansas City, Kansas and Missouri. Why did Google do this? In its words more »
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5 Stock Picks from the Best Performing Hedge Fund
By Meena Krishnamsetty - October 25, 2012 | Tickers: BAC, CHTR, GM, LYB, UAL
By tracking the positions that hedge funds report in their 13F filings, and then calculating the changes in value of the stocks that they owned since the end of the quarter, we can make an educated guess as to what their performance has been. Of course, these funds may have bought or sold shares over the course of the quarter- meaning our figures aren’t precisely accurate- and our returns more »
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Apple Keen to Bust into the Living Room with Its Set-Top Box
By Vishal Ingole - August 18, 2012 | Tickers: AAPL, CHTR, CMCSA, GOOG, MSFT, TWC
If the latest business intentions of Apple Inc. are any indication, then we will probably have an iSet-top box within the next few months!
Diversification is a Steve Jobs legacy that Apple seems determined to carry on. Personal computers, computer software that ranges from operating systems and browsers to image editing and music production tools, mobile phones, and an array of other hand-held devices—Apple’s repertoire is indeed impressive more »
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Contrarian Capital's High Conviction Picks
By Meena Krishnamsetty - February 17, 2012 | Tickers: BAC, CHTR, CMCSA, GM
Jon Bauer co-founded Contrarian Capital with Janice Stanton and Gil Tenzer in 1995. The trio had worked together managing funds and capturing opportunities in distressed companies at Oppenheimer & Co. Bauer was actually the founder and head of the Distressed Securities Group there. Today, Contrarian still keeps its focus on distressed investing.
Contrarian Capital has to report only a small fraction of its holdings – in a 13F filed on February 14 more »
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What's Going On at Cablevision?
By Amanda Alix - December 23, 2011 | Tickers: CVC, CHTR, CMCSA, TWC, VZ
The recent quick departure of COO Tom Rutledge from Cablevision (NYSE: CVC) and equally speedy resurfacing of same in the CEO slot over at Charter (NASDAQ: CHTR) did not do the ailing communications company any good. Regarded as one of the most capable cable executives around, his loss spurred a 14% decrease in share value the day after the news broke. Truth be told, however, this latest blow to the more »