|Bid||35.85 x 800|
|Ask||36.25 x 1400|
|Day's Range||35.79 - 36.51|
|52 Week Range||30.43 - 44.00|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||7.07|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||0.76 (2.09%)|
|1y Target Est||43.35|
CNBC's Jim Cramer prepares for what he thinks may be the "toughest" earnings week yet. The upcoming week of earnings reports may be the "toughest of all," CNBC's Jim Cramer warned after Friday's trading produced "the most treacherous up day" he'd seen in years. "We have more blowups in high-growth stocks, more disappointment in tech, more sadness in health care, and they're offset by just a fantastic pair of rallies in Procter & Gamble and PayPal ," the "Mad Money" host said.
The company will provide its solutions for tournament management and golf trip management while supporting event operations for the World Long Drive Association.
That’s about how many net new subscribers the streaming service added last quarter, which blew analysts' estimates and its own guidance out of the water.
The young streaming-video leader outgrew its subscriber forecast last quarter, while the old tech giant slipped back into revenue shrinkage mode.
Competitor Verizon Communications Inc (VZ.N) races to deploy its next-generation 5G wireless service on mobile phones and in the home with speeds theoretically rivalling cable company products. Verizon launched its home internet 5G service in October, the first commercial offering of its kind in the United States. Comcast's high-speed internet business is one of its biggest contributors to revenue and profit as customers for its video services decline.
Five industry groups representing major internet providers and cable companies filed suit on Thursday seeking to block a Vermont law barring companies that do not abide by net neutrality rules from receiving state contracts. The lawsuit was filed in U.S. District Court in Vermont by groups representing major providers like AT&T Inc, Comcast Corp and Verizon Communications Inc. It followed a lawsuit by four of the groups earlier this month challenging a much broader California law mandating providers abide by net neutrality rules.
Comcast announced that it is the nation’s largest provider of gigabit broadband, with the ultra-fast Xfinity Gigabit Internet and Comcast Business Gigabit services now available to nearly all of the company’s 58 million homes and businesses passed in 39 states and the District of Columbia. This deployment represents the fastest roll out of gigabit speeds to the most homes in the country. Comcast has increased speeds 17 times in 17 years and has doubled the capacity of its broadband network every 18-24 months.
On October 17, a US appeals court announced that it has decided to listen to the arguments related to the Justice Department’s (or DoJ) objection to AT&T’s (T) $85.4 billion purchase of Time Warner on December 6. In July, the Department of Justice asked a federal appeals court to reverse the judge’s decision to approve the mega-merger, which closed on June 14, citing concerns that the deal would raise costs and harm consumers. AT&T’s merger with Time Warner was announced in October 2016 but underwent significant regulatory scrutiny.
Competitor Verizon Communications Inc races to deploy its next-generation 5G wireless service on mobile phones and in the home with speeds theoretically rivaling cable company products. Verizon launched its home internet 5G service in October, the first commercial offering of its kind in the United States. Comcast's high-speed internet business is one of its biggest contributors to revenue and profit as customers for its video services decline.
In the previous article, we discussed a few of the pay-TV market trends affecting Verizon (VZ). The telecommunications company is managing the secular challenges of the pay-TV market by concentrating on its Fios Internet offering. It will be interesting to see Verizon’s Fios Internet net subscriber additions in the third quarter, as the company has continued to face stiff competition from leading cable companies.
is seeing great returns from its focus on broadband connectivity, but weakness in the company's theme park segment could hurt third- quarter earnings before interest, taxes, depreciation and amortization, according to Nomura analyst Jeffrey Kvaal. Kvaal said he believes that strength in the company's other segments still make Comcast viable ahead of Comcast's third-quarter earnings release on Oct. 25, but weakness in its theme park segment in Japan will hurt the bottom line. "Universal Japan was impacted by significant weather challenges in 3Q such that we are reducing both our FY18 and FY19 EBITDA forecasts by ~$150mn each year to reflect conservatism in the Parks segment," Kvaal wrote.
The major driver of Verizon’s (VZ) wireline segment is its Fios service. Verizon’s Fios is a fiber-optic network service that provides users with video, Internet, and voice services. Wall Street analysts expect Verizon to see a net loss of Fios video customers in the third quarter, as the company has continued to face stiff competition from over-the-top (or OTT) video streaming players.
Details about a massive white globe on the lobby's second floor known as the Universal Sphere are still scarce, however.
Xfinity Mobile today announced it will offer iPhone XR, bringing the latest iPhone innovations to more people. Customers will be able to pre-order iPhone XR beginning October 19 at www.xfinitymobile.com and Xfinity Stores, and it will be available in all colors and data configurations online or in stores starting October 26. Through January 6, 2019, customers get $200 back when they purchase a new iPhone, activate a new line, and port their number to Xfinity Mobile.
FF Miners and REBL HQ are producing films and animation in Orlando despite the move of other businesses to more incentive-rich neighboring states like Georgia.
All of the TV networks — CBS, ESPN, Fox, NBC, Turner Sports — lined up when the PGA of America started negotiations for the PGA Championship two years ago. “They kicked the tires,” said PGA of America CEO Seth Waugh of digital and tech companies Amazon, Facebook, Twitter and others.
The company has partnered with Red Pocket Mobile to sell wireless plans to people buying secondhand phones from the eBay marketplace. The eBay marketplace is a popular spot among consumers to browse for used phone deals. In the US, for example, a mobile phone is sold on eBay every four seconds.
Tastemade Inc. has added $35 million to its budget for its food, travel and lifestyle videos. Goldman Sachs Growth Equity (GS Growth), the dedicated growth investing team within the Goldman Sachs (NYSE: GS) Merchant Banking Division, led the round, which added new investors Amazon.com Inc. (NASDAQ: AMZN) and Cool Japan Fund. Existing investors such as Redpoint Ventures, Raine Ventures, Comcast Ventures (NASDAQ: CMCSA) and Liberty Media also participated.
On October 15, Walt Disney (DIS) announced that it had offered concessions to the European Commission on October 12 to help resolve the European Union’s (EZU) antitrust concerns and accelerate the approval process of its $71.3 billion acquisition deal with 21st Century Fox (FOXA), according to Reuters. Disney initially made a bid of $52.4 billion to buy Fox’s media and entertainment assets in December 2017, but US cable company Comcast (CMCSA) intervened with its $65 billion offer to purchase these assets from Fox. The fight over the Fox assets came to an end in July after Comcast decided to withdraw from the bidding war for Fox assets and focus on buying a 61% stake in London-based Sky.
During the last few quarters, AT&T (T) has been experiencing subscriber losses in the traditional US pay-TV market. Wall Street analysts foresee a net loss of 270,000 traditional US pay-TV customers for AT&T in the third quarter, as the telecom company has faced intense competition from video streaming players.
After a poor showing for its second-quarter earnings report, Netflix stock suffered a sharp decline in the markets. NFLX stock was no exception, losing nearly 8% on that day. For context, following the Q2 Netflix earnings report, NFLX stock dropped a little over 5%.
Germany's antitrust regulator said on Tuesday it was investigating whether Sky Deutschland's streaming deal with DAZN to air Champions League soccer matches was in accordance with competition law. Sky Deutschland is owned by Sky Plc (SKYB.L), which has just been taken over by Comcast (CMCSA.O) in a $40 billion deal. DAZN, part of tycoon Len Blavatnik's Perform Group, is positioning itself as the 'Netflix of sport'.
A new non-profit has the potential to disrupt TV networks’ revenue streams by providing customers with the same free broadcast TV available via rabbit ears antennas, but delivered online. Yahoo Finance's Seana Smith, Adam Shapiro and Ethan Wolff-Mann talks to Chairman of Locast.org, David Goodfriend.