Cablevision Q1 Profits Miss; Hikes Dividend; Shares Slump
Posted on May 06, 2010 at 10:08 AM EDT
Cablevision (CVC) shares are trading lower this morning on disappointing Q1 results. For the quarter, the cable company posted revenue of $1.75 billion, up from $1.67 billion a year ago, and ahead of the Street at $1.73 billion. But diluted EPS from continuing operations of 26 cents a share was short [...]