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Dish Network 3Q earnings climb 30 percent

Dish Network Corp. posted another loss of subscribers from its slowly dwindling satellite-TV business, even as larger competitor DirecTV adds to its base. Investors, however, were cheered by the announcement of a $2 per share special dividend. Dish shares rose 80 cents, or 3.4 percent, to $24.28 in morning trading Monday after rising as high… Continue Reading Dish Network 3Q earnings climb 30 percent

Dish Network Corp. said today that it won the auction for Blockbuster Inc. with a bid valued at $228 million in cash. As of Tuesday, the satellite TV company, billionaire investor Carl Icahn and a group of debt holders were the three remaining bidders for the Dallas movie-rental chain, which filed for Chapter 11 bankruptcy… Continue Reading Dish Network acquiring Blockbuster for $228M

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 Lone Tree-based DISH Network has agreed to pay $5.99 million to 46 states to settle allegations the satellite television provider and its third-party retailers engaged in unfair and deceptive sales practices. Colorado will receive $125,000 from the multistate settlement, according to Attorney General John Suthers. Also as part of the settlement, DISH Network has agreed… Continue Reading DISH Network agrees to $5.99 million settlement

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