Cablevision: Cord Cutting Overshadows Earnings Beat

Cablevision Systems (CVC) profit topped expectations and revenue met forecasts, as the cable provider added about 5,000 subscribers in the second quarter. Still, cord-cutting fears are hitting investors. At a recent $26.05, the shares fell almost 2% in morning market action. Cablevision had its strongest growth in high-speed data customers in more than two years. [...]