|Bid||38.2200 x 4000|
|Ask||38.2300 x 1800|
|Day's Range||37.5800 - 38.5800|
|52 Week Range||30.4300 - 44.0000|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||7.53|
|Earnings Date||Jan 22, 2019 - Jan 28, 2019|
|Forward Dividend & Yield||0.76 (2.02%)|
|1y Target Est||43.83|
CNBC's Julia Boorstin reports that the American Cable Association called on the Department of Justice to look into potential antitrust violations by Comcast NBCUniversal.
FBN’s Charlie Gasparino on the American Cable Association calling on the DOJ to launch an investigation into Comcast.
A new report shows cable and satellite TV providers lost around 1.1 million subscribers in the last quarter. Yahoo Finance's Dan Roberts, Adam Shapiro, Julie Hyman, and Ethan Wolf-Mann discuss.
President Donald Trump took to Twitter to denigrate Comcast Corp. , echoing complaints about possible antitrust law violations that have been made by the American Cable Association. American Cable Association has big problems with Comcast.
Comcast announced today that, since 2011, it has connected more than six million low-income Americans to the Internet through its acclaimed Internet Essentials program, which is the largest and most comprehensive Internet adoption program for low-income families in the U.S. This number includes more than 140,000 Oregonians. The company also announced it has significantly expanded eligibility for Internet Essentials – for the 11th time – to include low-income veterans. There are an estimated one million low-income veterans who live in Comcast’s service area nationally, including 26,000 who live in the state of Oregon.
Trump's tweet follows a call earlier Monday by the American Cable Association for the Department of Justice to investigate Comcast.
In a tweet, President Donald Trump said Comcast "routinely violated antitrust law," in remarks he ascribed to the American Cable Association. The trade group did write a letter expressing concern that a vertically integrated Comcast-NBC Universal poses more of a threat than the AT&T-Time Warner deal that the Department of Justice also opposed. Trump has frequently taken aim at the alleged anticompetitive practices of media companies whose stories paint him in an unflattering light, including CNN owner AT&T , as well as Amazon , whose CEO Jeff Bezos is owner of the Washington Post.
Universal Orlando Resort's work on its new Endless Summer Resort off International Drive is making headway — and the theme park company is giving a peek inside. Universal shared a few pictures of the guest rooms at the 750-room Surfside Inn & Suites — one of the two themed properties at the resort, which opens next year. The hotel's sister property – the Dockside Inn & Suites — will open in 2020 with 2,050 rooms. "The two-bedroom suites sleep up to six and include three queen-sized beds, a separate bedroom and a kitchenette area, making them the perfect home base for Orlando family vacations," according to a prepared statement by Universal.
Universal Pictures’ heart grew three sizes this weekend with the estimated $66 million launch of “The Grinch.” The animated adaptation of Dr. Seuss’ classic children’s story from Illumination Entertainment marked the largest opening weekend for a Christmas-themed movie, though it fell short of the company’s last Seuss adaptation, “The Lorax,” which launched with $70 million in 2012. This “Grinch,” starring Benedict Cumberbatch voicing the titular curmudgeon, cost $75 million to make and earned an A- grade from CinemaScore from ticket holders who were 53 percent female but got mixed reviews from critics, who averaged 55 percent on Rotten Tomatoes as of this writing. With $13 million from 23 international locations, “The Grinch” has made nearly $79 million worldwide for Universal, a division of Comcast (NASDAQ: CMCSA).
Universal Orlando Resort's Islands of Adventure and Universal Studios Florida theme parks could be on the verge of adding a little magic to their locker systems. The theme park giant, which is owned and operated by Philadelphia-based cable giant Comcast Corp. (Nasdaq: CMCSA), filed a patent for a new approach to a locker system that uses augmented reality, as well as the potential for hand gestures to allow guests to select, open and close lockers. The patent, dubbed "Locker management techniques," could use guests' mobile phones as an augmented reality screen or a headset.
Dish Network (DISH) has been improving its DISH TV churn rate in each quarter for more than five consecutive quarters. The company has been making efforts to acquire higher-quality subscribers amid increased pressure from online streaming competitors. The company has also been giving priority to customer requirements and has launched new innovative products to attract higher-quality customers.
More than 51,000 XFINITY WiFi Hotspots Now Open Throughout the Sacramento Valley and North Bay, Offering Free Internet Access to Those Impacted by the Fire
In the third quarter, Frontier Communications’ (FTR) subscriber losses continued as the company lost broadband customers. On a net basis, the wireline player lost 61,000 broadband customers, compared to a loss of 63,000 broadband customers in Q3 2017. Frontier’s broadband subscribers fell ~5.0% year-over-year or YoY to 3.8 million at the end of September 30.
In the third quarter, Frontier Communications’ (FTR) subscriber losses continued as it lost video customers. Frontier lost 37,000 video subscribers in the third quarter, which includes 8,000 DISH customers. It lost 36,000 video subscribers in Q3 2017, which included 10,000 DISH customers. The company’s total video customers declined ~11.5% year-over-year or YoY to 1.1 million at the end of September 30. The main reason for the reduction was the growing popularity of over-the-top or OTT video streaming services.
Dish Network’s (DISH) revenues have been falling YoY (year-over-year) for the past eight straight quarters. During the third quarter, its revenue reached $3.395 billion, down 5.2% YoY from the third quarter of 2017 and down 1.9% from its second-quarter revenue of $3.46 billion.
BOB IGER: Well, if you don't mind, before we get to earnings, it has been a very difficult day in our country and in particular in our backyard in Southern California where 12 innocent people lost their lives through a senseless act of gun violence, including a heroic member of law enforcement. What was driving that growth? BOORSTIN: And tell me about the media networks division, particularly strong growth in broadcasting, but what's going on at ESPN?
Dish Network (DISH) stock rose 2% on November 7 and closed at $32.12 after the US satellite TV provider reported better-than-expected earnings results for the third quarter. Other pay-TV rivals AT&T (T), Comcast (CMCSA), and Charter Communications (CMCSA) have fallen 15.3%, 2.4%, and 2.3%, respectively, YTD. Dish Network posted revenue of $3.395 billion in the third quarter, slightly missing Wall Street’s expectation of $3.397 billion.
After the close Thursday, Disney reported fourth fiscal quarter earnings of $1.48 per share on a non-GAAP basis, beating expectations of $1.34 per share, according to FactSet. Shares of Disney rose after-hours on Thursday and were up 1.2% to $117.50 in pre-market trading on Friday. "We're optimistic about receiving necessary approvals," Iger said regarding the $71.3 billion purchase of most of Fox's film, television and online assets.
Throughout much of this year, Disney (NYSE:DIS) attracted worldwide attention for its clash with rival media-giant Comcast (NASDAQ:CMCSA). At stake was the rights to Twenty-First Century Fox’s (NASDAQ:FOXA) entertainment assets. Both bidders had their critical reasons to enter the fray, but ultimately, the Magic Kingdom prevailed, sending Disney stock higher.
ING doubled its investment in Tesla in the third quarter, and shares have surged since. An increased stake in General Electric, however, exposed ING’s portfolio to the stock’s slide.
BRUSSELS (Reuters) - The European Commission said on Friday it was seeking reaction on commitments offered by Walt Disney (DIS.N) in a pay-TV investigation aimed at making shows available across the EU. ...
XFINITY WiFi Hotspots Open, Offering Free Internet Access to Those Impacted by the Fire
Roku stock fell after the streaming video platform reported decelerating growth in Q3. Roku also is facing new competition from cable giant Comcast.