S&P revised its outlook on Charter [CHTR] to "positive" from "developing," based on the MSO’s improved maturing profile following its April ’04 refinancing. Operating improvement and a slowing rate of basic sub losses also factored into the revision. "Nevertheless, the ratings are still dominated by very high financial risk from elevated leverage, negative discretionary cash flow, and pressure from rising debt maturities, including $588mln in convertible debt due in ’05," S&P said.

The Daily


Doing Good

T-Mobile is donating $1.25 million towards causes that are advancing educational equity for LGBTQ+ youth. A sum of $1 million will be directed towards the Human Rights Campaign Foundation ’s new financial

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