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Altice USA Inc (ATUS.N)

ATUS.N on New York Stock Exchange

29.40USD
13 Sep 2019
Change (% chg)

$0.33 (+1.14%)
Prev Close
$29.07
Open
$29.10
Day's High
$29.57
Day's Low
$29.10
Volume
3,197,269
Avg. Vol
1,254,845
52-wk High
$29.89
52-wk Low
$14.50

Latest Key Developments (Source: Significant Developments)

Court Orders Dolan Case Against Altice Will Go To Trial
Monday, 1 Jul 2019 

July 1 (Reuters) - The Dolan Family::COURT ORDERS DOLAN CASE AGAINST ALTICE WILL GO TO TRIAL.THE DOLAN FAMILY - ON JUNE 27, U.S. COURT IN DELAWARE RULED THAT LAWSUIT AGAINST ALTICE USA REGARDING NEWS 12 NETWORKS MAY PROCEED TO TRIAL.THE DOLAN FAMILY - U.S. COURT IN DELAWARE DENIED ALTICE'S APRIL 22 MOTION TO DISMISS DOLAN FAMILY'S BREACH OF CONTRACT & PROMISSORY ESTOPPEL CLAIMS.  Full Article

Altice USA Says BCP And CPPIB Together Own Approximately 7.4% Of Co
Friday, 7 Jun 2019 

June 7 (Reuters) - Altice Europe NV ::ALTICE USA STATEMENT ON TRANSACTIONS BY BC PARTNERS AND CANADA PENSION PLAN INVESTMENT BOARD.ALTICE USA INC - FUNDS ADVISED BY BC PARTNERS (BCP) AND CANADA PENSION PLAN INVESTMENT BOARD (CPPIB) ELECTED TO SELL 25 MILLION ALTICE USA CLASS A SHARES.ALTICE USA INC - FOLLOWING TRANSACTIONS, BCP AND CPPIB TOGETHER OWN APPROXIMATELY 7.4% OF ALTICE USA..ALTICE USA INC - COMPANY ELECTED TO PURCHASE APPROXIMATELY 6 MILLION OF SHARES FOR A TOTAL CONSIDERATION OF APPROXIMATELY $150 MILLION.  Full Article

Altice Usa To Acquire Cheddar
Tuesday, 30 Apr 2019 

Altice USA Inc ::ALTICE USA TO ACQUIRE CHEDDAR.ALTICE USA INC - DEAL FOR $200 MILLION.ALTICE USA INC - CHEDDAR FOUNDER AND CEO JON STEINBERG WILL JOIN ALTICE USA TO LEAD ALTICE NEWS, INCLUDING CHEDDAR, NEWS 12 AND I24NEWS.ALTICE USA INC - TRANSACTION DOES NOT MATERIALLY IMPACT ALTICE USA'S LEVERAGE RATIO AND HAS NO IMPACT ON ITS PLANNED SHARE REPURCHASES FOR 2019.  Full Article

Altice Europe To Bring Portuguese Asset Sale Program To Its Conclusion In Q2 - Executive
Thursday, 28 Mar 2019 

March 28 (Reuters) - Altice Europe NV ::ALTICE EUROPE TO BRING PORTUGUESE ASSET SALE PROGRAM TO ITS CONCLUSION IN Q2 - EXECUTIVE.  Full Article

Dolan vs Altice Lawsuit Amended Asking Court To Require Altice To Restore Staffing Levels
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Dolan Family::DOLAN VERSUS. ALTICE LAWSUIT AMENDED ASKING COURT TO REQUIRE ALTICE TO RESTORE STAFFING LEVELS AND APPOINT MONITOR TO OVERSEE COMPLIANCE.DOLAN FAMILY SAYS IN AMENDED COMPLAINT PLAINTIFFS ASKED COURT TO REQUIRE ALTICE USA TO RESTORE STAFFING LEVELS AT NEWS 12 TO 462 FOR 5-YEAR PERIOD.  Full Article

Altice Usa Inc - Fourth Quarter Earnings Per Share $0.30
Friday, 22 Feb 2019 

Feb 21 (Reuters) - Altice Usa Inc ::ALTICE USA REPORTS FOURTH QUARTER AND FULL YEAR 2018 RESULTS.SEES FY 2019 REVENUE UP 2.5 TO 3 PERCENT.Q4 REVENUE $2.45 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.46 BILLION.FOR FULL YEAR 2019 ALTICE USA EXPECTS SHARE REPURCHASES OF $1.5 BILLION (EX-M&A).QTRLY EARNINGS PER SHARE $0.30.  Full Article

The Dolan Family Says U.S. Court Ordered Altice To Maintain "Status Quo" Staffing Levels At News 12 For Remainder Of Lawsuit
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Altice Europe NV ::THE DOLAN FAMILY - IN COURT ORDER DATED FEB. 13, U.S. COURT ORDERED ALTICE USA TO MAINTAIN "STATUS QUO" STAFFING LEVELS AT NEWS 12 FOR REMAINDER OF LAWSUIT.THE DOLAN FAMILY SAYS RULING PROHIBITS ALTICE FROM REDUCING POSITIONS FOR NEWS 12 STAFF UNTIL MATTER IS RESOLVED BY COURT.THE DOLAN FAMILY SAYS IN A SEPARATE ACTION ON FEB. 13, U.S. COURT SCHEDULED A HEARING FOR APRIL 22 REGARDING ALTICE USA MOTION TO DISMISS CASE.  Full Article

Altice USA Announces Successful Pricing Of New Term Loan
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Altice USA Inc ::ALTICE USA ANNOUNCES SUCCESSFUL PRICING OF NEW TERM LOAN.ALTICE USA INC - UNIT PRICED A NEW $1 BILLION 8.25-YEAR SENIOR SECURED TERM LOAN B MATURING ON APRIL 15, 2027.  Full Article

Altice USA Unit Enters Into Seventh Amendment To Credit Agreement
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Altice USA Inc ::ALTICE USA INC SAYS ON JAN 24, CO'S UNIT ENTERED INTO A SEVENTH AMENDMENT TO CREDIT AGREEMENT - SEC FILING.ALTICE USA INC - SEVENTH AMENDMENT AMENDS AND SUPPLEMENTS BORROWER'S CREDIT AGREEMENT, DATED AS OF OCTOBER 9, 2015.ALTICE USA - SEVENTH AMENDMENT PROVIDES FOR IN AGGREGATE PRINCIPAL AMOUNT OF $2,170.0 MILLION WITH AN EXTENDED MATURITY UNTIL JANUARY 2024.  Full Article

Altice Usa Announces Pricing Of $1,500 Million Senior Guaranteed Notes Due 2029
Friday, 25 Jan 2019 

Jan 25 (Reuters) - Altice USA Inc ::ALTICE USA ANNOUNCES SUCCESSFUL PRICING OF $1,500 MILLION SENIOR GUARANTEED NOTES DUE 2029.ALTICE USA INC - SUBSIDIARY CSC HOLDINGS PRICED AN OFFERING OF $1,500.0 MILLION OF ITS SENIOR GUARANTEED NOTES DUE 2029.  Full Article

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U.S. Justice Dept staff recommends blocking T-Mobile-Sprint deal, sources say

WASHINGTON The U.S. Justice Department's antitrust division staff has recommended the agency block T-Mobile US Inc's $26 billion acquisition of smaller rival Sprint Corp, according to two sources familiar with the matter. | Video