{"id":27599,"date":"2014-08-07T09:36:30","date_gmt":"2014-08-07T13:36:30","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=27599"},"modified":"2014-08-07T09:36:30","modified_gmt":"2014-08-07T13:36:30","slug":"time-warner-inc-nysetwx-is-optimistic-of-its-plans-and-desicions","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/time-warner-inc-nysetwx-is-optimistic-of-its-plans-and-desicions-27599","title":{"rendered":"Time Warner Inc (NYSE:TWX) Is Optimistic Of Its Plans And Desicions"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 08\/07\/2014 (wallstreetpr) \u2013 <b>Time Warner Inc. (NYSE:TWX)<\/b> reported $850 million in <a href=\"http:\/\/www.crainsnewyork.com\/article\/20140806\/MEDIA_ENTERTAINMENT\/140809929\/time-warner-tops-estimates-as-fox-drops-bid\">profits<\/a> in second quarter that beat analyst\u2019s estimates despite <b>Twenty-First Century Fox Inc (NASDAQ:FOX)<\/b> withdrew its $80 billion bid takeover of the company. Earnings excluding one time items were 98 cents a share compared to analysts\u2019 estimate of 84 cents a share. However, sales stood at $6.79 billion lower than average estimate of $6.88 billion. The company also plans to buy back $ 5 billion of its shares.<\/p>\n<p style=\"text-align: justify;\"><b>Time Warner\u2019s Little Interest <\/b><\/p>\n<p style=\"text-align: justify;\">Fox decided to stall its takeover bid of Time Warner Inc. (NYSE:TWX) for $80 billion, a deal which would have created a world largest media giant. Fox CEO stated that Time Warner\u2019s management and its board of director\u2019s unwillingness to negotiate a deal was the reason for the <a href=\"https:\/\/in.finance.yahoo.com\/news\/rupert-murdochs-fox-abandons-time-005536692.htm\">turnaround<\/a> of the bid. From the news of bid was out, the shares of Fox showed a fall reflecting investor sentiments of unattractiveness of the deal.<\/p>\n<p style=\"text-align: justify;\"><b>Looking Towards East<\/b><\/p>\n<p style=\"text-align: justify;\">Time Warner\u2019s HBO is now looking to <a href=\"http:\/\/www.ibtimes.com\/hbo-streaming-may-expand-countries-europe-asia-1647840\">Asian markets<\/a> like Japan and Turkey with developed broadband infrastructure to provide its trademark services. The programming and licensing fee in these countries is relatively small making them smart investments. Facing stiff competition from companies like <b>Netflix, Inc. (NASDAQ:NFLX)<\/b> and <b>Amazon.com, Inc. (NASDAQ:AMZN)<\/b>, HBO is showing relatively low interest in video streaming services on its line of television services in home country (U.S). HBO is rather content with its European operations where it is generating nearly $1.8 billion about one quarter of Time Warner\u2019s total revenue supported by some of the famous television series.<\/p>\n<p style=\"text-align: justify;\"><b>The Problem With Television Users<\/b><\/p>\n<p style=\"text-align: justify;\">Time Warner Inc. (NYSE:TWX)\u2019s Cable wing reported earnings that did not meet analysts\u2019 estimates. Due to <a href=\"http:\/\/www.detroitnews.com\/article\/20140731\/BIZ\/307310059\/1361\/Time-Warner-Cable-earnings-trail-estimates-on-drop-in-TV-users\">competition<\/a> from online video streaming companies like NetFlix, TV packages offered on smartphones or seasonal cut in connections, the Cable operators have been losing significant percentage of customers. The Cable wing posted second quarter earnings of 1.89 a share excluding some items, while analysts estimated value was $1.9 a share. However, Time Warner Cable is looking forward for impending merger with <b>Comcast Corporation (NASDAQ:CMCSA)<\/b> to turnaround the grim situation for the investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 08\/07\/2014 (wallstreetpr) \u2013 Time Warner Inc. (NYSE:TWX) reported $850 million in profits in second quarter that beat analyst\u2019s estimates despite Twenty-First Century Fox [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":22764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[1750,2118,3414,1666,717,910,7023,1385,2128,2119,1562,3080,4485,3763,7022],"stock_ticker":[],"class_list":["post-27599","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-amazon-com-inc-nasdaqamzn","tag-amazon-com-inc","tag-comcast-corporation","tag-comcast-corporation-nasdaqcmcsa","tag-nasdaqamzn","tag-nasdaqcmcsa","tag-nasdaqfox","tag-nasdaqnflx","tag-netflix-inc-nasdaqnflx","tag-netflix-inc","tag-nysetwx","tag-time-warner-inc-nysetwx","tag-time-warner-inc","tag-twenty-first-century-fox-inc","tag-twenty-first-century-fox-inc-nasdaqfox","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Time Warner Inc (NYSE:TWX) Is Optimistic Of Its Plans And Desicions - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/time-warner-inc-nysetwx-is-optimistic-of-its-plans-and-desicions-27599\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Time Warner Inc (NYSE:TWX) Is Optimistic Of Its Plans And Desicions - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Boston, MA 08\/07\/2014 (wallstreetpr) \u2013 Time Warner Inc. 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