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Digest: Liberty Q4 loss grows
February 27, 2008 John Malone's Liberty Global reported a much-wider fourth-quarter loss of $197.2 million driven by big declines in value of some investments, but revenue and subscribers grew strongly. Shares of Mediacom Communications fell Tuesday after the cable operator posted a wider fourth-quarter loss on higher costs. Based on the results and the firm's outlook, Miller Tabak + Co. analyst David Joyce cut his stock rating from "buy" to "neutral" and his price target by $1.50 to $6.
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