Latest Comcast Corp News and Updates
5 Olympic-Related Stocks To Watch Ahead of the Tokyo Games
S&P 500’s Top Losses: Why Biogen Declined
Biogen, which is an American multinational biotechnology company, was the S&P 500’s top loss on June 18.
How Did the US Election Results Affect Media Stocks?
In this series, we’ll look at what Trump’s win means for the media sector. We’ll also look at how the possibility of a change in net neutrality regulations could affect media companies.
Does Comcast Expect Capex to Rise for Comcast Cable?
Comcast (CMCSA) expects capex as a percentage of revenues to continue to be flat at 15% for Comcast Cable in 2016.
Why Is Twitter Investing in Original Shows and Programming?
Last month, Twitter (TWTR) announced it would partner with 30 companies to bring original shows to its platform.
What Is Comcast’s Opinion about 5G?
In the telecom world, 5G (fifth-generation) is generating a lot of hype, as it could provide 10x–100x faster wireless speeds than 4G.
Why Does Comcast Expect Programming Costs to Rise in Fiscal 2016?
On March 8, 2016, the Wall Street Journal reported that Comcast and the YES Network were locked in a dispute regarding the carriage fee for the YES Network.
Why high-grade debt issuance increased more than three-fold
In the week ending August 8, weekly investment-grade bond (LQD) issuance surged by 222%, week-over-week to come in at $24.975 billion over 19 deals. Issuance was driven by refinancing older and costlier debt, acquisition related financing, share-repurchases, and other general corporate purposes.
Why Is Disney Investing in Theme Parks?
In the fiscal third quarter, Disney’s Parks and Resorts segment reported revenues of $5.2 billion.
FOXA’s Views on Streaming Platforms: Advertising Opportunity?
Due to the coverage of the US presidential elections this year, 21st Century Fox (FOXA) expects substantial advertising revenue from Fox News.
Why CBS Is Focusing on Original Progamming
Media companies have started focusing on producing original programming. CBS (CBS) is also increasingly concentrating on original programming.
Why Frontier Faces the Most Competition from Charter
As Frontier offered faster speeds and new offers, the company’s broadband net additions improved sequentially in the California, Texas, and Florida (or CTF) markets during 2Q17.
Why Charter Stock Rose 3.6% on July 31
Charter posted second-quarter results on July 31 before the market opened. The company delivered better-than-expected earnings and revenues.
Dish Network Can’t Complain about Sling TV
Dish Network’s (DISH) streaming television service, Sling TV, turned three on January 5.
What Could a Net Neutrality Rollback Mean for Netflix?
The net neutrality principle is a subject of ongoing debate. Net neutrality rules say that all Internet traffic should be treated equally.
Buckingham Research Downgrades Netflix due to Competition Fears
On March 8, Netflix (NFLX) stock fell 0.9% to $349.60 after Buckingham Research downgraded its rating from “buy” to “neutral.”
Why Twitter Closed Its TV Apps
Twitter (TWTR) announced it will be closing its TV apps on streaming devices Roku (ROKU), Xbox, and Android TV as of May 24.
What Is Dish Network’s Wireless Spectrum Strategy ?
Dish Network (DISH) has filed an application with the FCC to participate as a potential spectrum bidder.
Dish Network: Recent Returns and Stock Trends
On October 28, 2016, Dish Network’s (DISH) stock was trading at $57.38. The stock was trading 0.7% above its 20-day moving average of $57.
What’s Really Driving Growth for 21st Century Fox’s Television Segment?
FOXA believes that its “ability to create, own and monetize hit content” for its television segment will drive long-term value for its shareholders.
What Is Comcast’s Outlook on Its Theme Parks Segment?
In September 2016, Comcast’s (CMCSA) NBCUniversal announced an agreement with Time Warner’s (TWX) Warner Bros. This agreement covers television distribution rights in the US for all movies in J.K. Rowling’s Wizarding World franchise.
Why Media Networks Enter Amazon’s Streaming Partners Program
Netflix is the most popular service, with 49% of OTT subscribers. Amazon ranks second to Netflix when it comes to subscribers for its streaming video (or OTT) service.
Analyzing Charter Communications’ Valuation and Target Prices
Of the 30 analysts covering Charter Communications’ (CHTR) stock, 67% recommend “buy,” 30% recommend “hold,” and the remaining 3% recommend “sell.”
Analyzing the Impact of the Latest Regulatory Liberties on AT&T
In this article, we’ll discuss the overall regulatory environment in relation to net neutrality, business data services (or BDS), and privacy.
Dish Network and Its Valuation Metrics
Dish Network (DISH) has a forward EV-to-EBITDA multiple of 13.5x and a PE multiple of 23.8x.
Why Is Time Warner Still Optimistic about Affiliate Fees Growth?
Media companies like Time Warner (TWX) derive their revenues primarily from affiliate fees and advertising.
Charter Communications’ Stock Performance So Far in 2019
Charter Communications’ (CHTR) closing price on March 19 was $360.45 per share.
A Look at Analysts’ Ratings for Dish Network
On August 26, 2016, Dish Network’s (DISH) stock was trading at $48.84. The stock was trading 4.2% below its 20-day moving average of $51.
The Analysts’ Take: Comcast Trades at a Discount, but Should You Get In?
On September 6, 2016, Comcast’s stock was trading 0.9% below its 20-day moving average of $67 and 0.5% above its 50-day moving average of $66.
Verizon’s Global Enterprise revenues should follow declining trend
In the first three quarters of 2014, Verizon’s Global Enterprise revenues declined by ~4.2%. They’re expected to decline by ~4% year-over-year in 2014.
How Analysts Have Rated DISH Network
On March 13, 2017, Dish Network (DISH) stock was trading at $62.05, 0.08% above its 20-day moving average of $62, 1.7% above its 50-day moving average of $61.
Is Verizon Interested in Comcast?
On April 19, Bloomberg reported, citing Verizon Communications’ (VZ) CEO, Lowell McAdam, that Verizon is open to merger discussions with either Comcast (CMCSA), The Walt Disney Company (DIS), or CBS (CBS).
21st Century Fox Is Still Focusing on Film Diversity
21st Century Fox’s Filmed Entertainment segment performed well in the last two quarters. The segment’s revenue grew by 5% year-over-year to $2.4 billion in 3Q15.
Farallon Capital exits its position in Time Warner Cable
In February, Comcast agreed to buy Time Warner Cable for ~$45.2 billion. This deal will create the largest cable provider in the U.S.
What We Learned from Sprint’s Brief Unlimited Plan Offer
For a period of one week in June, Sprint (S) offered an aggressively priced unlimited wireless plan.
How AT&T Intends to Fund the Mexico Spectrum Purchase
AT&T placed a $76.0 million bid in the Mexico spectrum auction. The spectrum AT&T is buying in Mexico is suited for 5G mobile networks.
Comcast Moves To Boost Growth In Business Unit
In 3Q17, Comcast’s Business Services segment generated revenues of $1.6 billion, which rose 12.6% year-over-year.
How Serious Is Apple about Original Content?
Earlier this year, Apple said it will be spending a whopping $1 billion on original content over the next couple of years.
Comcast and Its Peers Target the Programmatic Ad Market: Why?
Like other companies, Comcast is aiming to grab a share of the programmatic advertising market. The programmatic advertising market in the United States is quickly approaching $9 billion.
What’s Affecting Comcast’s Stock Price?
On March 28, 2017, Comcast’s (CMCSA) stock closed at $37.09. The company’s stock has risen 7.4% YTD (year-to-date).
How Analysts Are Rating Dish Network after 4Q16 Earnings
Of the 26 analysts covering Dish Network (DISH), 13 have given it a “buy” recommendation, and eight have given it a “hold.”
Here’s How Comcast Plans to Fight Cord-Cutting
Amazon’s (AMZN) Amazon Web Service (or AWS) announced on Tuesday, January 16, 2018, that media giant Comcast (CMCSA) has made AWS its preferred public cloud provider.
Why Does Comcast Expect a Rise in Its Capex?
Comcast (CMCSA) continues to expect Comcast Cable’s capex (capital expenditure) as a percentage of revenue to be flat at 15% in 2016.
Verizon’s Focus on Broadband through Wireline
Verizon is managing the secular challenges of the pay-TV space by focusing on its broadband offering in FiOS.
An assessment: Viacom versus its media peers
Viacom, despite being undervalued by analysts, is expected to see growth from its media networks segment especially with its digital partnership deals.
The Impact of the AT&T–Time Warner Merger
Analyst Craig Moffett believes that AT&T has an 80% chance of prevailing in court in its proposed merger with Time Warner.
Investing in CBD? Real Brands Is Making Big Moves
The CBD market is growing, and acquisitions are heating up. Real Brands is a top, under-the-radar investment candidate that should be on your radar.
Inside Disney’s Recent Theme Park Business Performance
Walt Disney’s (DIS) Theme Parks business posted strong performance results in the three months ending December 2017 (the company’s fiscal 1Q18).
The Days That Told Us the Most about the Disney-Comcast Rivalry
The Walt Disney Company and Comcast spent the better part of the first half of 2018 fighting over 21st Century Fox.
What Investors Should Know about the Sprint-Cox Deal
For about six years, Sprint (S) waged courtroom battles with Cox Communications, but the companies recently settled their differences and subsequently entered a multiyear business deal.
Must-know: Will Charter (CHTR) bid for Time Warner Cable (TWC)?
While Charter has openly and aggressively pursued Time Warner, any deal would likely be difficult to execute and fraught with risks.
Here’s How Comcast’s Theme Park Business Performed in 4Q17
Comcast’s (CMCSA) Theme Parks business was a star performer in 4Q17, with revenue growth accelerating over the previous quarter.
Everything you need to know about AT&T’s wireline business
U-Verse and strategic business services have been the main growth areas for AT&T’s wireline business, offset by the declines in legacy voice and data products. AT&T’s U-Verse broadband and TV business both are showing strong growth.
What’s Driving Verizon’s Fios Customer Growth
The telecom company is managing the challenges of the pay-TV market by concentrating on its Fios Internet offering.
The Cloud Is Evolving with EdgeConneX and Rackspace
The cloud space is evolving as EdgeConneX announces a partnership with Rackspace for enterprise cloud solutions on its global platform.
Inside Walt Disney’s World Expansion: An Overview
Disney wants to spread the success of Tron to Walt Disney World Resort as it seeks to boost business at one its key theme park locations.
Appaloosa Management starts new positions in FCX, INGR, CYH, THC and sells MSFT, CMCSA—13F Flash E
In this six-part series, we’ll go through some of the main positions Appaloosa Management traded this past quarter. Why sell Microsoft (MSFT)?
Larry Robbins’ Glenview Capital opens a new position in PHH
Glenview Capital Management added a 0.49% new position in PHH Corporation.
How Viacom and CBS Could Benefit from Potential Merger
Media players Viacom (VIAB) and CBS (CBS) are again talking about a merger.
ViacomCBS: Highlights for Bargain Hunters amid the Sell-Off
ViacomCBS stock fell 8.58% on March 27 and closed the week at $12.79. Disappointing financial results and the coronavirus put pressure on the stock.
How Will Disney’s $71.3 Billion Bid for Fox’s Assets Dent Comcast?
The Walt Disney Company recently offered a deal price of more than $71.3 billion for significant assets of 21st Century Fox.
S&P 500 Index Nears Record High amid Earnings Season
The S&P 500 Index, represented by the SPDR S&P 500 ETF (SPY), rose 0.3% on October 23, nearing the all-time high it saw in July.
Disney Stock: 2 Things Investors Need to Know
There was a sell-off in Disney (NYSE:DIS) stock amid the COVID-19 pandemic. So far, the pandemic has mainly paralyzed the company’s operations.
Why 21st Century Fox Stock Rose More than 7%
Media giant Disney (DIS) has recently made a higher bid than rival bidder Comcast (CMCSA) for most of the assets of 21st Century Fox (FOXA).
Updates on Verizon’s MVNO Agreement with Comcast and Charter
Cisco Systems’ (CSCO) VNI (Visual Networking Index) projects that video could comprise ~77.0% of mobile data traffic in the United States by the end of 2020.
Davidson Kempner Capital buys a new 4Q13 stake in Apple
Davidson Kempner added a new position in Apple Inc. (AAPL) that accounted for 2.19% of the fund’s 4Q portfolio. Apple found favor with hedge funds last quarter.
Disney Stock Jumps as Executives Take a Pay Cut
The more than 3.50% jump in Disney stock on Monday came as the company’s executives agreed to take pay cuts. Bob Iger will forgo all of his salary.
Verizon and Cablevision: Market Share after the Altice Transaction
An improving broadband proposition with higher Internet speeds should positively affect Cablevision (CVC), considering the competitive dynamics in its industry.
Comcast and the Many Benefits of Sky
The Sky deal is expected to boost Comcast’s international revenue to 25% from the current 9% generated outside the United States.
Appaloosa Management starts new positions in FCX, INGR, CYH, THC and sells MSFT, CMCSA—13F Flash B
In this six-part series, we’ll go through some of the main positions Appaloosa Management traded this past quarter. Why buy Ingredion Inc. (INGR)?
ViacomCBS Stock: 3 Highlights for Investors Right Now
ViacomCBS stock has more than doubled from its pandemic lows of $10 in the first quarter. Currently, the stock is still down about 50% for the year.
Merger Update: Charter, Bright House, and Time Warner Cable
California is the only state where the merger between Charter Communications, Time Warner Cable, and Bright House Networks has yet to be approved. It could be approved as early as May 12.
Walt Disney Finally Closes Its Fox Acquisition
Yesterday, Walt Disney (DIS) finally closed its long-awaited acquisition of most of 21st Century Fox’s (FOX) (FOXA) media and entertainment assets.
Comcast’s Technical Indicators: Peer Comparison
Technical indicators Traders and investors analyze technical indicators when making market entry and exit decisions. Moving averages and the RSI (relative strength index) are among the most widely used technical indicators. An RSI score below 30 signifies that a stock is oversold, while an RSI scores above 70 indicates that a stock is overbought. In […]
What Kind of Growth Does Altice Expect for Cablevision?
On a YoY (or year-over-year) basis, Suddenlink’s revenue rose ~6.7% to reach ~$0.63 billion in 1Q16.
What a $140 Million Patent Infringement Award Could Do for Sprint
In March 2017, Sprint (S) was awarded ~$140 million in damages in relation to the patent infringement lawsuit it brought against Time Warner Cable, which has since sold itself to Charter Communications (CHTR).
Understanding competition from other industries—cable companies
Telecom companies compete directly with cable companies—particularly in wired voice, data, and TV services. They compete in the residential and small business segments.
Facebook’s Video Ambitions Cause Friction with Media
Although Walt Disney (DIS) counts among American media giants whose broadcast divisions have partnered with Facebook (FB) for its Watch video news programming, the chemistry between Facebook and Disney isn’t perfect.
Tiger Global raises its position in MasterCard
MasterCard plans to sustain its growth and revenue by improving its pricing and increasing its processed transactions.
NBC Universal Signs Deal to Bring Peacock Streaming App to Roku
Must-know: Is the Time Warner Cable–Comcast deal a “do?”
Arbs generally avoid utility deals—and for good reason. Typically, the companies have an aggressive expected timeline and these deals don’t close on time.
JAT Capital Exits Stake in Comcast
In its fourth-quarter 13F, JAT Capital revealed that it had sold its stake in Comcast (CMCSA).
What’s Happening with Charter in the Broadband Space?
The cable industry’s market share of US broadband subscribers continued to rise in 1Q17. Comcast and Charter added the most broadband subscribers.
The Competitive Dynamics of Charter’s Internet Segment
Comcast (CMCSA) is the country’s largest cable company. On June 30, it had the largest Internet subscriber base of 24.4 million residential broadband subscribers.
How Verizon Is Trying to Consolidate Its Subscriber Base
Verizon (VZ) recently introduced a service called MyNumbers, which allows its wireless customers to work with up to five phone numbers on a single handset.
Charter Raises Funds for Stock Repurchases
Charter raised $1.5 billion earlier this month through sales of notes that mature in 2024.
Comcast’s Performance in Fiscal 2Q16 Not That Impressive
Comcast (CMCSA) announced its fiscal 2Q16 earnings on July 27, 2016. It declared EPS of $0.83, which exceeded Wall Street analysts’ estimate of $0.81.
How Could AT&T’s Deal with CWA Help Boost Workers’ Pay?
Telecom giant AT&T (T) agreed to a final four-year deal with the Communications Workers of America (or CWA) after announcing a tentative agreement in December 2017.
Why Is Comcast Launching Seeso?
Seeso, a subscription-based online video service, is part of Comcast’s strategy to lure Millennials with OTT (over-the-top) services.
Consumer Spending and Business Investment Disappoint US Economy
Tepid consumer spending negatively impacts ETFs including the Consumer Staples Select Sector SPDR Fund and the Consumer Discretionary Select Sector SPDR Fund.
What Factors Are Impacting Comcast’s Stock Price?
On November 27, 2016, Comcast’s (CMCSA) stock price closed at $69.16. The company’s stock has risen 22.5% YTD (year-to-date).
Risk-adjusted returns on high yield bond ETFs at par with the market
Know how XLY outperformed rest of the ETFs on risk-adjusted basis, closely followed by DEF.
Why Frontier’s Broadband Subscriber Base Continues to Shrink
Frontier’s broadband subscribers Let’s look at Frontier Communications’ (FTR) performance in the broadband space. Its customer losses continued as the company shed broadband and video subscribers in 1Q17. Frontier’s broadband subscribers fell ~2.5% sequentially to reach 4.2 million at the end of 1Q17. In 1Q17, on a net basis, the wireline player lost 107,000 broadband […]
What’s Comcast Planning for Its X1 Set-Top Box?
Comcast’s integration of Sling TV and Netflix As Millennials increasingly prefer to watch content online, pay-TV operators such as Comcast (CMCSA) are finding new ways to attract these viewers to pay-TV. Late last year, Comcast (CMCSA) announced the integration of Dish Network’s (DISH) Sling TV into its X1 set-top box. As a part of this […]
Comcast to Boost High-Speed Internet with Rollout of DOCSIS 3.1
Early this month, Comcast (CMCSA) announced that it plans to introduce a gigabit Internet service using DOCSIS 3.1 technology in Atlanta and Nashville.
Yahoo Sale: Is There a Place for Mayer?
Yahoo is set to begin a new life as a part of Verizon (VZ). It will be bundled together with AOL under a newly created entity with a funny name: Oath.
How Charter Communications Benefited from Acquisitions
Charter Communications’ total revenues increased ~3.2% year-over-year on a pro forma basis to reach $10.6 billion in 4Q17.
Why T-Mobile Isn’t Concerned about Comcast’s New Wireless Service
According to Cisco Systems’ (CSCO) Visual Networking Index at the end of 2015, video constituted ~61% of mobile data traffic in the United States.
What’s the Outlook for Comcast’s Film Business?
Comcast’s Filmed Entertainment segment had a difficult 1Q16 with revenues of $1.4 billion, a decline of 4.3% YoY (year-over-year).
Why did Viking Global Investors establish a position in Cemex?
Viking Global Investors opened a new position in Cemex SAB de CV.