|Bid||31.90 x 1000|
|Ask||32.95 x 28000|
|Day's range||32.31 - 32.71|
|52-week range||30.43 - 44.00|
|PE ratio (TTM)||6.84|
|Earnings date||25 Jul 2018 - 30 Jul 2018|
|Forward dividend & yield||0.76 (2.22%)|
|1y target est||45.65|
May.21 -- Bloomberg's Matthew Bloxham discusses the win for Comcast and the challenges for rival bidder Fox on "Bloomberg Markets."
Comcast was owed more than $100 million in loans it provided to create Comcast SportsNet Houston, which broadcast games of the National Basketball Association’s Houston Rockets and Major League Baseball’s Houston Astros. Along with Comcast, the Astros and the Rockets owned stakes in the network.
On April 25, Comcast (CMCSA) reported impressive first-quarter results, delivering better-than-expected earnings and revenue. The media and cable giant has exceeded earnings expectations for the past five consecutive quarters. Comcast reported adjusted EPS (earnings per share) of $0.62 in the first quarter.
Charter's stock sold off after earnings on accelerated cord-cutting. Is the post-earnings drop reason to panic, or is it time to buy?
Verizon (VZ) was one of the companies that reportedly made an offer to buy the majority of Twenty-First Century Fox’s (FOX) (FOXA) assets. It came before the media conglomerate, controlled by the Murdoch family, chose to strike a deal with the Walt Disney Company (DIS) instead. Comcast (CMCSA) is another potential buyer whose offer Fox rejected.
Comcast today announced the national availability of xFi Pods, giving Xfinity Internet customers an innovative, new option for their whole-home WiFi needs. The small, easy to install adaptive pods plug into any electrical outlet, pair with either the xFi Wireless Gateway or the xFi Advanced Gateway, and help customers extend reliable WiFi coverage to hard to reach areas of their home. “Our gateway devices are incredibly powerful, but we know that some homes have a unique layout or are constructed of materials that can disrupt WiFi coverage in some rooms,” said Eric Schaefer, Senior Vice President and General Manager, Broadband, Automation and Communications, Comcast Cable.
Wrestling may fit Fox’s new look after Disney saleWrestler Justin Gabriel squats on the top rope during a WWE Smackdown Live Tour. Like a victorious wrestler preening on the top rope, shares of World Wrestling Entertainment Inc. climbed more than 12% Monday following a report that the entertainment giant had snagged a five-year television deal with Fox worth more than $1 billion. The Hollywood Reporter said a deal in principle has been reached to bring the WWE’s popular “SmackDown Live” to Fox starting in October 2019, for about $205 million a year.
LONDON—Britain is unlikely to open an antitrust review into Comcast Corp.’s $30 billion bid for U.K. pay-television company Sky PLC, a senior government official said Monday, removing a hurdle for the cable firm in a takeover battle that also includes 21st Century Fox Inc. and Walt Disney Co. U.K. Culture Secretary Matt Hancock said he had told both Comcast and Sky that he was “not minded to” intervene in the proposed merger.
WWE stock muscled to highs on reports that 21st Century Fox has reached a deal with World Wrestling Entertainment to broadcast its "SmackDown Live" on network TV. Comcast reportedly has focused on retaining WWE's "Raw."
Comcast NBCUniversal is contributing $100,000 to Latinas in Tech (LiT), a non-profit organization with the mission to connect, support and empower Latina women working in the technology industry. The Comcast investment will support the creation and execution of programs that assist Latinas working in or pursuing careers in the technology industry—from a mentoring program to an exclusive Career Hub— as part of both Comcast NBCUniversal and Latinas in Tech ongoing commitment and dedication to develop a more diverse and inclusive technology industry workforce.
Today Comcast announced the launch of the new interactive Xfinity retail store, created to provide customers an immersive destination to discover Xfinity products and services. Comcast has been on a journey to transform its customer experience and the stores are a place where customers can learn how to optimize their Xfinity services and can address any service needs. “We want to bring our customers an incredible shopping experience, which showcases the power and innovation of our Xfinity products and demonstrates how they work together,” said Tom DeVito, SVP, Retail Sales and Service, Comcast Cable.
Comcast Business today announced that it has been named a winner in the Light Reading 2018 Leading Lights Awards in three separate categories: Most Innovative NFV Deployment, Most Innovative SD-WAN Service and Most Innovative Business Cloud Service. Now in its 14th year, Leading Lights is the communications industry's leading awards program, recognizing top companies and executives for their outstanding achievements in next-generation communications technology, applications, services, strategies and innovations. The Leading Lights winners were announced at an awards dinner in Austin, Texas, on Monday, May 14, the eve of the Big Communications Event (www.bigcommunicationsevent.com).
Britain's government says it does not intend to refer U.S. media conglomerate Comcast's 22 billion pound ($30.7 billion) takeover offer for London-based Sky to competition authorities, saying the proposed merger doesn't raise concerns on public interest grounds. Culture Secretary Matt Hancock says he's "reviewed the relevant evidence" and that he is "minded not to issue" an intervention notice.
The Fox proposal, worth £10.75 a share, values Sky at £18.5bn but has been stymied by two lengthy regulatory reviews — first by Ofcom and then most recently by the Competition and Markets Authority. The Fox side has been privately lobbying the UK government to subject the Comcast offer to equivalent regulatory treatment.
WWE's 'Smackdown' program is set to hit the open market after NBC Universal decides not to renew its current TV deal.
FTC approval gives Tepper's Appaloosa Management flexibility if it decides it wants to be more than a passive investor.
Discovery Communications, Taiwan Semiconductor Manufacturing, World Wrestling Entertainment and Comcast highlighted as Zacks Bull and Bear of the Day
On May 9, Walt Disney (DIS) had a market capitalization of ~$149 billion, higher than peers Netflix (NFLX) and Comcast (CMCSA), which have market caps of ~$144 billion and ~$141 billion, respectively. In the media space, this metric for Time Warner (TWX) and Dish Network (DISH) reached ~$72.3 billion and ~$14.5 billion, respectively, on the same date.
World Wrestling Entertainment raced higher Thursday on a report that WWE programs "Smackdown" and "Raw," could attract a heftier price as TV networks try to land or keep them.
World Wrestling Entertainment shares surged by as much as 17.7% on Thursday and hit an all-time high after The Hollywood Reporter said that it may move one its shows to a different network when its contract ...