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06.12.2009 11:48 am

One bankrupt carmaker = 60 bankrupt cable firms

St. Louis Post-Dispatch

General Motors and Charter Communications are very different companies. According to the plans that both companies are pursuing in bankruptcy court, however, their shares will end up in the same place: worthless.

It’s hard, then, to explain the very different trading…

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04.20.2009 9:51 am

St. Louis still has 7, maybe 8, companies in Fortune 500

St. Louis Post-Dispatch

We all know that Anheuser-Busch doesn’t qualify for Fortune 500 status any more, but it isn’t as if all the big headquarters have vanished. St. Louis officially has seven companies on the new list, and can claim eight if you…

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02.20.2009 12:21 pm

Stimulus tax break may benefit Charter’s Paul Allen

St. Louis Post-Dispatch

In the debate over the economic-stimulus bill, much attention was paid to the money that would go into energy-saving projects, bridges and tax breaks for ordinary Americans. Now, it turns out that a big chunk of the money may find its…

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01.05.2009 11:44 am

Commerce, Esco shares join the gainers for 2008

St. Louis Post-Dispatch

A year-end rally meant that six St. Louis companies saw their stock prices rise in 2008, up from the four I highlighted in a previous post. Commerce Bancshares and Esco Technologies eked out gains to join the four solid performers…

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12.23.2008 5:08 pm

Just four St. Louis stocks are ahead for the year

St. Louis Post-Dispatch

With five trading days left in 2008, it looks like only a handful of St. Louis companies will make money for their investors. At the moment, only four have share prices that are up for the year: Panera Bread, up 40%;…

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12.01.2008 11:20 am

Rival executive says Charter isn’t cheap to buy

St. Louis Post-Dispatch

Time Warner Cable’s chief financial officer, Rob Marcus, made some interesting remarks today about competitor Charter Communications. Reuters has the report:

“Charter is an example of a situation when you really have to look at more than the stock price,” CFO Rob Marcus…

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10.21.2008 4:55 pm

Nasdaq waiver will help Charter and TLC

St. Louis Post-Dispatch

The stock market plunge has created a lot of new penny stocks, and now the Nasdaq wants to let them hang around a while. Normally, stocks that trade for under $1 are in danger of being delisted, but the exchange is…

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04.21.2008 9:41 pm

Our Fortune 500 count? Depends who’s counting

St. Louis Post-Dispatch

Fortune magazine gives St. Louis credit for eight companies in the new Fortune 500 list. That’s the same number as last year, which isn’t bad in this era of corporate consolidation. The Regional Chamber and Growth Association, though, wants to boost our number…

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03.19.2008 2:49 pm

For Charter, more capital = more DVRs

St. Louis Post-Dispatch

Neil Smit, chief executive of Charter Communications, told a St. Louis RCGA audience this morning that raising $1 billion last week in the “very difficult debt market” was an important accomplishment for Charter. He said Charter now has 85 percent of…

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03.17.2008 2:15 pm

Charter’s Smit gets $7 million worth of stock

St. Louis Post-Dispatch

Charter Communications paid its chief executive, Neil Smit, $6.3 million last year, according to a proxy statement filed with the Securities and Exchange Commission. Smit got a salary of $1.2 million, which was unchanged from 2006, plus a cash incentive payment of $1.6…

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