Spurred by both Time Warner Cable‘s promising 1Q results and positive comments from chmn Paul Allen and pres/CEO Neil Smit at its annual investor conference Tues, Charter is nearing NASDAQ compliance. The MSO’s shares have closed above $1/share for 2 straight days—gaining 10% since Mon. 8 more successive closings above the $1 floor are needed to maintain the market’s minimum bid requirement. Charter reports 1Q earnings May 12.

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