Feelin' Good in Bethpage

Mon was a good day for Cablevision, after a gaudy 4Q earnings report that helped its shares rise 5%. Wall St analysts seemed giddy by the numbers, especially the MSO’s addition of 18K basic subs and an ARPU of $100+-the 1st time any MSO has hit triple digits. Still, Cablevision’s results didn’t stop the ever-present speculation. "We expect another offer for the systems from either a public cable operator or private equity group; and we expect an offer for the content assets given the upcoming restructuring of the entertainment industry," Oppenheimer’s Tom Eagan said. — For the Record: Revenue grew 16.1% to $909.6mln and EBITDA grew 16.6% to $378.9mln. It added 94K high-speed subs; and 130K telephony subs. S&P took Cablevision’s corp credit rating off of CreditWatch, raising it to "BB" with a "stable" outlook.