Time Warner Cable (TWC) drops 4.2% after releasing Q2 results. The market isn't pleased with the...

|By:, SA News Editor

Time Warner Cable (TWC) drops 4.2% after releasing Q2 results. The market isn't pleased with the loss of 130k residential video subscribers, below analyst estimates, as competition from AT&T (T) and Verizon (VZ) takes its toll. Comcast (CMCSA -1.2%), Cablevision (CVC -0.8%), and Charter (CHTR -1.9%) are moving lower in sympathy. (PR) (transcript)