NEW YORK (TheStreet) -- Shares of Cablevision Systems Corp. (CVC) are up by 1.12% to $18.99 at the start of trading on Monday morning, following a report from Page Six of the New York Post suggesting company CEO James Dolan has a team of bankers exploring the possibility of acquiring the New York Daily News.

Dolan is interested in the paper as part of a natural extension of Cablevision's current ownership of Newsday, sources told Page Six.

Dolan and The Madison Square Garden Co. (MSG) - Get Report, where Dolan is the executive chairman of the board, have been feuding with the Daily News since 2005 when the publication supported former mayor Bloomberg's plan to build the West Side Stadium.

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Dolan and as an extension Cablevision was opposed to the move as a new stadium would have been in direct competition with MSG.

In 2012, the feud was made worse after Dolan released a statement saying the Daily News smeared him, following his refusal of a proposal by Daily News owner Mort Zuckerman to merge Newsday's printing presses and other operations with theirs, Page Six added.

On Thursday, the Post reported that Zuckerman announced he was looking into the option of a sale as the publication continues to generate losses. Zuckerman is the co-founder, executive chairman and former CEO of Boston Properties (BXP) - Get Report as well as the owner and publisher of the New York Daily News and U.S. News & World Report. 

Shares of MSG are up by 1.23% to $79.30 this morning. 

Separately, TheStreet Ratings team rates CABLEVISION SYS CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate CABLEVISION SYS CORP (CVC) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year and good cash flow from operations. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good."

Highlights from the analysis by TheStreet Ratings Team goes as follows:

• Despite its growing revenue, the company underperformed as compared with the industry average of 6.5%. Since the same quarter one year prior, revenues slightly increased by 3.0%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
• The stock price has risen over the past year, but, despite its earnings growth and some other positive factors, it has underperformed the S&P 500 so far. Looking ahead, our view is that this company's fundamentals will not have much impact in either direction, allowing the stock to generally move up or down based on the push and pull of the broad market.
• The gross profit margin for CABLEVISION SYS CORP is rather high; currently it is at 51.69%. Regardless of CVC's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, CVC's net profit margin of 3.43% is significantly lower than the industry average.
• The company, on the basis of net income growth from the same quarter one year ago, has underperformed when compared to that of the S&P 500 and greatly underperformed compared to the Media industry average. The net income increased by 8.0% when compared to the same quarter one year prior, going from $51.84 million to $55.98 million.
• You can view the full analysis from the report here: CVC Ratings Report