UBS lowered AT&T and Verizon to "neutral" from "buy," saying it believes the weak economy is pressuring wireline fundamentals. "Uverse and FiOS growth should continue but the contribution remains too small to offset expected weakness in core residential revenues," UBS told clients Mon. — Time Warner Cable has commenced an underwritten public offering of debt securities with maturities ranging from 5-30 years, the net proceeds from which are expected to partly finance the MSO’s 1-time dividend related to its planned separation from Time Warner. Fitch Ratings has assigned a ‘BBB’ rating to the notes.

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Honoring Juneteenth

BET is celebrating Juneteenth with a programming slate as part of its “Content for Change” initiative. Saturday at noon, the network will deliver social justice-themed episodes of series, inspirational

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