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Tuesday 23 June 2015
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Pre-Market News Alert on: Charter Communications, (NASDAQ:CHTR), Glu Mobile (NASDAQ:GLUU), Atwood Oceanics, (NYSE:ATW)

On Thursday, Charter Communications, Inc. (NASDAQ:CHTR)’s shares inclined 0.05% to $171.33.

Charter Communications, Inc. (CHTR) said it will offer the Los Angeles Dodgers-owned cable channel to its customers in Southern California starting Tuesday, ending a 14-month TV blackout that’s left thousands of baseball fans fuming.

The first broadcast will be the second of a three-game series against the Arizona Diamondbacks at Dodger Stadium. Charter has some 300,000 subscribers in the Los Angeles region.

The move comes less than two weeks after Charter unveiled a nearly $57-billion deal to acquire Time Warner Cable, which until now had been the only major pay-TV operator to carry SportsNet LA. Charter was motivated to start offering the games as it seeks to build goodwill for a projected takeover that would make it the largest pay-TV company in Southern California.

The Stamford, Conn., company didn’t want to antagonize Southern California customers who have expressed concerns about the stalemate. There has also been sharp criticism from key government officials, counting members of Congress and the Federal Communications Commission.

Charter’s shift represents the first break in a more than yearlong log jam that has prevented hundreds of thousands of homes in the region from receiving the channel. Charter had been one of the primary pay-TV company holdouts that refused to carry SportsNet LA, which is among the most expensive sports networks in the nation.

Charter Communications, Inc., through its auxiliaries, provides entertainment, information, and communications solutions to residential and commercial customers in the United States. The company offers cable video programming services, counting basic and digital video, premium channels, on-demand, pay-per-view, high definition television, and digital video recorder services, in addition to Charter TV App, which enables video customers to search and discover content on various devices, counting the iPhone, iPad, iPod Touch, and Android based tablets.

Glu Mobile Inc. (NASDAQ:GLUU)’s shares dropped -0.15% to $6.67.

Glu Mobile Inc. (GLUU) declared the availability of Terminator Genisys: Revolution on the App Store and Google Play. In partnership with Skydance Productions, Glu has developed the official mobile game in conjunction with the new Terminator Genisys film planned for U.S. theatrical release from Paramount Pictures on July 1, 2015.

Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, casual, racing, and sports genre mobile games. It creates games based on its own brands, counting Blood & Glory, Contract Killer, Deer Hunter, Diner Dash, Eternity Warriors, Frontline Commando, Gun Bros, Heroes of Destiny, Racing Rivals, and Tap Sports: Baseball, in addition to based on third-party licensed brands, such as Kim Kardashian: Hollywood, Robocop: The Official Game, and Hercules: The Official Game. Glu Mobile Inc. markets, sells, and distributes its games primarily through direct-to-consumer digital storefronts worldwide.

At the end of Thursday’s trade, Atwood Oceanics, Inc. (NYSE:ATW)‘s shares dipped -2.89% to $29.87.

Atwood Oceanics, Inc. (ATW) declared that Mark W. Smith has been designated as the Company`s Senior Vice President and Chief Financial Officer. Mr. Smith will report directly to Rob Saltiel, President and Chief Executive Officer, and will have responsibility for the company`s global financial operations. The appointment has been approved by Atwood`s Board of Directors and was effective June 3, 2015.

On May 27, 2015, Mr. Smith was designated as Chief Financial Officer on an interim basis. Prior to this, he served as Vice President, Chief Accounting Officer and Controller since May 2014 and in other finance and administrative roles since joining the Company in February 2009. Counting his service to the Company, Mr. Smith has over 20 years` experience in the financial, consulting and energy industries.

Atwood Oceanics, Inc., an offshore drilling contractor, engages in the drilling and completion of exploratory and developmental oil and gas wells worldwide. As of November 10, 2014, it owned a fleet of 13 mobile offshore drilling units, in addition to 3 ultra-deepwater drill ships under construction. The company was founded in 1968 and is headquartered in Houston, Texas.

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