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Progressive Following on Cablevision Systems Corporation.

Publication: M2 Presswire
Publication Date: 29-FEB-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 February 2008-MarketMinute: Progressive Following on Cablevision Systems Corporation(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:29022008

InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a stock related question, then why not ask 50,000 individual members? Are you a shareholder of Cablevision Systems Corporation (NYSE:CVC) Join the many members engaged in this stock right now. Come see for yourself at www.investorim.com for your complimentary subscription.

Cablevision Systems Corporation (NYSE:CVC) traded up 2% on Thursday, later in the afternoon, with average volume, and $1.00 above its previous close.

Today (Feb 28th 2008) Cablevision Systems Corporation (NYSE:CVC) reported financial results for the fourth quarter and full year ended December 31, 2007. Fourth quarter consolidated net revenue grew 10.8% to $1.842 billion compared to the prior year period, reflecting solid revenue growth in Telecommunications Services, Rainbow and Madison Square Garden. Consolidated adjusted operating cash flow ("AOCF")1 increased 20.4% to $610.2 million and consolidated operating income grew 62.9%...

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