Business/Finance
By
| July 2, 2008
JPMorgan initiated multichannel coverage with a "bullish" cable outlook and a "cautious" outlook for the cable/satellite coupling. The firm gave "overweight" tags to Comcast, Cablevision, and Outdoor Channel Holdings, and "neutral" tags to Charter, Liberty Media and Liberty Ent. Collins Stewart also initiated cable coverage, assigning Cablevision a "buy" rating and Comcast and Time Warner Cable "hold" ratings. — Scripps Net Interactive completed its 1st day of NYSE trading Tues with a 4% gain to $39.75. Sibling E.W. Scripps slid 6% to $3.01.