TWC

Market Update

Stocks Near Session Highs

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Stocks have extended their gains in mid-day trading, with all three major indexes currently near session highs. Stocks have been pushed higher by better than expected pending home sales data, which more than offset a weak report on the labor market front. At last check, the Dow Jones was trading 0.72% higher at 13,184.91, the S&P 500 was trading 0.49% higher at 1,397.54, and the Nasdaq was trading 0.51% higher at 3,045.05. Energy stocks are leading the gains in the S&P 500 in trading currently. At last check, Energy stocks were trading 1.16% higher. Services stocks have also risen sharply in trading today. At last check, the sector was trading 0.74% higher. Technology stocks are up sharply for a second straight day. At last check, Technology stocks were trading 0.56% higher. Transportation stocks have been the worst performers in the S&P 500 today, down 0.42% currently. Basic Materials stocks are […]

Dividend Stocks

SOMH, LYTS, TWC, CLP, ETN Dividend Stocks Update

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Somerset Hills Bancorp (NASDAQ:SOMH) has declared a new dividend of $0.07 . The dividend record date is set for Wednesday, February 15, 2012 with a pay date being announced as Wednesday, February 29, 2012 and the ex-date is Monday, February 13, 2012. SOMH’s current dividend yield is about 3.3% with SOMH priced at 7.91 and they have paid 5 dividends in the last year. Bank of the Somerset Hills is a holding company for Somerset Hills Bank, which provides commercial banking services mainly in Somerset, Morris, and Union Counties, New Jersey. LSI Industries Inc. (NASDAQ:LYTS) has declared a new dividend of $0.06 . The dividend record date is set for Tuesday, February 07, 2012 with a pay date being announced as Tuesday, February 14, 2012 and the ex-date is Friday, February 03, 2012. LYTS’s current dividend yield is about 3% with LYTS priced at 6.82 and they have paid 5

Market Update

Stocks in Red in Late Trading

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Stocks are down in late trading today, with all three major indexes currently in red. Earlier today, all three major indexes had risen sharply as investors reacted positively to the Federal Reserve’s pledge to keep interest rates low until late 2014. However, a weak housing market report has weighed down investors’ sentiment. At last check, the Dow Jones was trading 0.13% lower at 12,740.65, the S&P 500 was trading 0.54% lower at 1,318.83, and the Nasdaq was trading 0.45% lower at 2,805.64. Energy stocks are leading the losses in the S&P 500 in late trading. At last check, Energy stocks were trading 0.81% lower. Financials have also fallen sharply in late trading. At last check, Financials were trading 0.65% lower. Industrials are currently trading 0.22% lower. Basic Materials and Transportation stocks are holding on to their gains in late trading. At last check, Basic Materials stocks were trading 0.41% higher,

Hot Stocks to Watch

Top Losers in After-hours Today, Dec-2

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These are the stocks dropping the most in after-hours trading on, Friday, December 02, 2011. Be sure to check out our After Hours section of TheStockMarketWatch. Tii Network Technologies Inc. (NASDAQ:TIII) is currently trading at $1.31 down -5.8% in after-hours on 3650 shares traded. TIII is trading -20.43% below its 50 day moving average and -41.41% below its 200 day moving average. TIII is -65.42% below its 52-week high and 10.32% above its 52-week low. TIII’s PE ratio is 6.32 and their market cap is $20.39M. TII Network Technologies, Inc. and its subsidiaries designs, manufactures and sells products to the service providers in the communications industry for use in its networks. Vicor Corp. (NASDAQ:VICR) is currently trading at $7.5 down -4.5% in after-hours on 7800 shares traded. VICR is trading -12.65% below its 50 day moving average and -39.67% below its 200 day moving average. VICR is -55.98% below its

Business News

Time Warner Cable Loses Subscribers

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The well known cable operator in United States, Time Warner Cable Inc. (NYSE:TWC) failed to keep up with the forecasts made by the Wall Street pushing the shares down by around 10 percent . Time Warner Cable Inc. lost a large chunk of video customers than it had expected. The company also experienced a loss of phone customers for the first time. The increasing cost of programming along with a drop in subscription of premium video packages are attributed to the reduced profits in the third quarter which failed to meet the expectations , said the second largest cable operator in the united states in a report earlier today. It is not just Time Warner, but even its rivals have been constantly losing subscribers for video over phone and also satellite providers due to the tough economy and slow housing market which has led to a slowdown of the overall

Recent Events

Customers to Lose Cable

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Certain customers are set to lose some of their favorite channels, as early as today, due to disputes between Time Warner Cable Inc. (NYSE:TWC) and their affiliated channels. This is not the first time as customer lost the Fox network channel, earlier this year, due to disputes between Cablevision and the Fox Network. This problem generally comes about because of royalty payment disputes between cable companies and network channels. Network channels are claiming that they are simply not being paid enough for their programs and as a result, cable distributors like Time Warner are making a huge profit. Losing a channel for certain customers could mean a loss for cable companies. There are several cable providers and if one of them is unable to provide a favorite channel, customers are known to take their business elsewhere. This in turn can end up being a loss for cable companies if they