Pali analyst Rich Greenfield has downgraded debt-stricken Charter to ‘neutral’ from ‘buy’ and trimmed both ’08 and ’09 estimates for the MSO, although he still believes Charter will "notably outperform its cable industry peers" this year and next. "With the risk of bankruptcy rising and CHTR’s pursuit of a massive debt for equity swap (enabling the company to finally be free cash flow positive) that would likely leave insignificant value for current equity holders," wrote Greenfield.

The Daily


Grand Slam: Solomon Talks Tennis Channel’s 20th, DTC Plans

We chatted with Ken Solomon about where the Tennis Channel has been and where it’s going as a division of Sinclair.

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