|Bid||33.00 x 500|
|Ask||33.35 x 800|
|Day's range||33.10 - 33.79|
|52-week range||32.74 - 44.00|
|PE ratio (TTM)||6.99|
|Earnings date||25 Apr 2018|
|Forward dividend & yield||0.76 (2.29%)|
|1y target est||46.81|
Comcast and Charter today announced that the two companies have formed a 50/50 operating platform partnership focused on the development and design of backend systems that support Comcast’s Xfinity Mobile and Charter’s Spectrum Mobile service. The new partnership is the result of the continuing collaboration between Comcast and Charter in the mobile space, as each company continues to develop their respective mobile brands, products, and services. Through the agreement, Charter and Comcast will work together to cost-effectively develop an efficient and scalable software platform, and related backend systems, which will power each company’s mobile-related customer sales and support platforms, device logistics and warehousing, and billing.
Netflix (NFLX) announced its 1Q18 results on April 16, 2018, and posted slightly better-than-expected earnings and revenues. In 1Q18, Netflix posted adjusted earnings of $0.64 per share, exceeding analysts’ consensus of $0.63 per share. The company posted total revenues of $3.7 billion, slightly better than the estimate of $3.69 billion. Its earnings and revenues increased ~60.0% and ~40.0% year-over-year, respectively.
Facebook (FB) and Google parent Alphabet (GOOGL) are set to transition out of the information technology (or IT) sector as part of industry classification changes announced by the S&P Dow Jones Indexes and the MSCI in January this year. In changes scheduled to go into effect in September 2018, Facebook, Alphabet, and several of their current IT sector peers will be moved to the communications services sector, where they will join the likes of Verizon (VZ) and AT&T (T).
The popularity of streaming services like Netflix (NFLX) has made life difficult for traditional cable TV providers like Comcast (CMCSA) with customers increasingly preferring cheaper streaming services to cable TV subscriptions. Comcast didn’t mention the price of the bundled subscription, but it is likely to be cheaper compared to buying the two subscriptions separately.
Comcast NBCUniversal today announced it will donate $300,000 to Santa Rosa City Schools (SRCS) for the development of a new facility to serve communities impacted by the North Bay wildfires. Called the Santa Rosa Integrated Wellness Center, the facility will be designed to support the families within the Santa Rosa community who lost their homes or suffered in other ways during the fires. This Saturday, April 21, Comcast and the SRCS will host a volunteer day and groundbreaking ceremony at the location, as part of the 17th annual Comcast Cares Day, when more than 100,000 Comcast NBCUniversal volunteers join together to make change happen across the country and around the world.
On Saturday, April 21, more than 2,000 local Comcast NBCUniversal employees and their families, friends and community partners will “make change happen” as they volunteer to improve the communities in which we live as part of the 17th annual Comcast Cares Day. Comcast Cares Day is more than just a day – it is a celebration and opportunity to spotlight our year-round commitment to volunteerism that began with our founding 55 years ago. From using technology to create positive change, such as teaching digital literacy skills and wiring community centers and libraries, to mentoring youth, to beautifying parks, Comcast NBCUniversal employees volunteer on this day, and throughout the year, to make a lasting impact.
Comcast is teaming up with Independence Health Group to launch a new consumer-oriented health-care technology platform.
PHILADELPHIA , April 19, 2018 /PRNewswire/ -- Independence Health Group (Independence), parent of Independence Blue Cross, and Comcast today announced a partnership to launch a newly branded, patient-centered ...
Corp.’s NBCUniversal has been reluctant to support OpenAP, a TV audience targeting concept from a consortium of TV networks, instead touting its own data and targeting efforts. Now, the media company is changing its tune. The goal is to “build a significantly more accelerated advanced ad business for all TV programmers,” said Krishan Bhatia, executive vice president of business operations and strategy at NBCUniversal.
21st Century Fox Inc. rejected an acquisition offer for its entertainment assets from cable giant Comcast Corp. largely over antitrust concerns, a regulatory filing said, even though the bid was 16% higher on a per-share basis than what Walt Disney Co. ultimately agreed to pay. After extended discussions, Fox’s board decided that Comcast’s offer was too risky to accept, according to the filing. Fox was concerned such a deal might not pass muster in Washington, and even if it did, it would require divestiture of valuable assets that would reduce the value of the deal to Fox.
, which owns NBC Universal, did not offer to pay a break fee in the event that its proposed deal collapsed, according to a regulatory filing. The Disney deal gives the Fox assets — which include its cable networks, movie studio and international businesses such as its stake in Sky — an enterprise value of $66bn. The Fox filing reveals that “party B” — widely known to be Comcast — “was unwilling to agree to an acceptable allocation of regulatory risk” associated with the purchase of the Fox assets.
As the rebooted "Roseanne" continues to dominate the television landscape, research indicates that enthusiasm expressed for the show's initial success by President Donald Trump and Fox News Channel ...
MONTPELIER, Vt., April 17, 2018 /PRNewswire/ -- Comcast today announced that it is launching a new internet service that will deliver speeds up to 1 Gigabit-per-second (Gbps) to residential and business customers in Vermont, These speeds will be among the fastest and most widely available and include access to the nation's largest Wi-Fi network of more than 19 million hotspots. Comcast plans to launch 1 Gig service to the majority of its service areas in Vermont throughout 2018. The service is now available in Berlin, Bethel, Braintree, Brookfield, Calais, Duxbury, East Montpelier, Greensboro, Hardwick, Hyde Park, Johnson, Middlesex, Montpelier, Moretown, Morristown, Morrisville, Plainfield, Randolph, Rochester, Walden, Waterbury, Worcester and Woodbury, Vermont.
On Saturday, April 21st, more than 100,000 Comcast NBCUniversal employees and their families, friends, and community partners will participate in the 17th annual Comcast Cares Day, the nation’s largest single-day corporate volunteer effort and a powerful representation of the company’s year-round commitment to community service.
On April 21, 2018, more than 3,000 Comcast NBCUniversal employees, along with their families, friends and community partners, will contribute to 27 different volunteer projects across Washington state as part of the company’s 17th annual Comcast Cares Day.
Xfinity Communities today announced two new customized platforms, Xfinity Communities Connect and Xfinity Resident Pages, enabling direct interaction between Xfinity account representatives, property managers and residents at certain properties receiving Xfinity services.
Amazon (AMZN) is the world’s top cloud computing provider, commanding a 34% share of the global cloud market at the end of 4Q17, according to Synergy Research. Its closest competitor, Microsoft (MSFT), had a 13% share, while IBM (IBM), Alphabet’s (GOOGL) Google, and Alibaba (BABA) each controlled less than 10% of the global cloud market.