Cablevision (CVC -15.2%) shares continue their descent in the wake of the surprise resignation...

|About: Cablevision Systems Corpora... (CVC)|By:, SA News Editor

Cablevision (CVC -15.2%) shares continue their descent in the wake of the surprise resignation of COO Tom Rutledge. No cable company was "as exposed to key-man risk as Cablevision," Ber... Craig Moffett writes, hailing Rutledge as "the hands-down best executive in the industry." The news is a particular concern given CVC's operational challenges in recent quarters, Wells Fargo says. (earlier)