DirecTV, TWC: Media Stock Winners & Losers

DirecTV shares are falling as the company plans to raise its TV package rates in February, 2011.
By Theresa McCabe ,

NEW YORK (

TheStreet

) --

DirecTV

(DTV)

shares are down after the company announced it plans to raise its rates in February, 2011.

Shares of the pay-TV provider are down more than 1% today to $39.50 after the company said that most of

its TV packages will see a 4% price hike

in 2011. It also said that its optional services will also see higher prices next year.

The company said it is being forced it to adjust customer pricing as TV channel and program providers increase their carrying costs.

>>2010 Pay-TV Stock Winners and Losers

Time Warner Cable

(TWC)

shares are up today after an analyst at Argus Research upped his price target of the company to $75.

Shares of the cable TV and Internet provider are rising more than 1% today to above $66.05, to the high end of it 52-week share price range of $41 to $66.77.

The Argus analyst believes that the company will benefit from the economic recovery and maintained his buy rating on the stock.

-- Written by Theresa McCabe in Boston.

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Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

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