A Mixed Picture
OPERATING CASH STOCK STOCK FLO/AVERAGE (SYMBOL) PRICE* ASSETS TIME WARNER (TWX) 38 1/4 11.4% Closing the Turner deal helped lift the stock at yearend. WALT DISNEY (DIS) 69 3/8 26.3 It's having difficulty digesting ABC, but the company is still among the best-run in the sector. NEWS CORP. (NWS) 20 1/4 9.6 Rupert Murdoch's buccaneering style turned investors off. VIACOM (VIA) 36 1/8 9.1 Chairman Sumner Redstone installed himself as CEO in January. The stock has yet to recover. TCI (TCOMA) 12 5/8 3.4** Beleaguered CEO John Malone tries slashing capital expenditures and staff. *Dec. 16 close DATA: BLOOMBERG FINANCIAL MARKETS; VERONIS, SUHLER & ASSOCIATES INC.
Updated June 13, 1997 by bwwebmaster
Copyright 1996, Bloomberg L.P.