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Tuesday 8 September 2015
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News Recap - Alcoa Inc. (NYSE:AA) The Coca-Cola Company (NYSE:KO) Cablevision Systems Corporation (NYSE:CVC)

On Friday, Shares of Alcoa Inc. (NYSE:AA), surged 6.21% to $9.41.

Alcoa has earned a “BB+” credit rating from analysts at Morningstar. The firm’s “BB+” rating suggests that the company is an above-average default risk. They also gave their stock a five star rating.

Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina worldwide. The company operates through four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions.

Shares of The Coca-Cola Company (NYSE:KO), inclined 0.46% to $39.45, during its last trading session.

The Coca-Cola Company declared that James Quincey, President and Chief Operating Officer, will present at 11:15 a.m. EDT, Wednesday, Sept. 9, 2015 during the Barclays Global Consumer Staples Conference being held in Boston.

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages comprise nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters.

Finally, Cablevision Systems Corporation (NYSE:CVC), ended its last trade with 4.78% gain, and closed at $25.21.

Cablevision Systems Corporation and CBS Corporation declared a broad-based multi-year content carriage agreement. The new deal covers retransmission consent for CBS-owned stations, and the continued carriage of SHOWTIME®, CBS Sports Network, and Smithsonian Channel™. Financial terms were not revealed.

As part of the new agreement, Cablevision is the first cable or satellite provider to declare plans to distribute CBS All Access and SHOWTIME Internet services to its Optimum Online customers. Pricing plans, timing, and other particulars will be offered at a later time.

“We are happy with this new agreement that meets all of our economic and planned aims,” said Ray Hopkins, president, television networks distribution, CBS Corporation. “Cablevision has long been a terrific partner and we once again look forward to providing CBS and SHOWTIME programming to the viewers we share for years to come.”

Cablevision Systems Corporation, together with its auxiliaries, owns and operates cable systems in the United States. The company operates through three segments: Cable, Lightpath, and Other.

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