Shares of U.S. cable companies rose at the end of the week on continued talk that media mogul
Time Warner Cable's stock advanced 3.9% to $112.48 at the close of trading in New York on Friday, after jumping 4.4% Thursday.
Ever since Malone's
But though Wall Street is cheering, it remains to be seen whether Time Warner Cable is on board with the idea. The company has declined to comment publicly on all the talk, and insiders there have indicated there is little enthusiasm for a combination with Charter.
Time Warner Cable isn't the only pay-TV distributor Charter may be eying.
Cablevision shares rose 3.3% to $16.81 Friday, building on Thursday's gain of 5.6%.
The speculation also boosted shares of