Cox shares slide on downgrade
Wednesday, Jan. 5, 2000 | 11:02 a.m.
ATLANTA -- Shares of Cox Communications Inc., the No. 5 U.S. cable operator, fell as much as 16 percent this morning after a Morgan Stanley Dean Witter & Co. analyst downgraded the stock to "neutral" from "strong buy."
Shares of Atlanta-based Cox, which had risen 30 percent from July through Tuesday, aren't expected to continue their rise, Morgan Stanley analyst Richard Bilotti said in a report.
Cox operates the main cable system in Las Vegas.
archive
Most Popular
- Viewed
- Discussed
- E-mailed
- Small-business owners say they’re drowning under new water surcharge
- Strip Scribbles exclusives: ‘DWTS’ extended; LFL in Australia; Earl of Sandwich at Palms
- At rally, Romney slams Obama’s Las Vegas comments from 3 years ago
- Ralston: Time for Mitt Romney to fire Donald Trump
- David Itkin tells L.V. Philharmonic officials he’s on his way out







Facebook Connect