CMCSA Oct 2019 47.500 put

OPR - OPR Delayed Price. Currency in USD
1.4600
0.0000 (0.00%)
As of 3:15PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close1.4600
Open1.6500
Bid0.0000
Ask0.0000
Strike47.50
Expire Date2019-10-18
Day's Range1.4600 - 1.6500
Contract RangeN/A
Volume28
Open InterestN/A
  • Roku dives after Comcast, Facebook announce streaming devices
    Yahoo Finance Video

    Roku dives after Comcast, Facebook announce streaming devices

    Pivotal Research initiated its coverage of Roku with a "sell" rating amid news of increasing competition in the streaming space. Yahoo Finance's Jared Blikre joins Akiko Fujita on 'The Ticker' to discuss.

  • Amazon Dominates Comedy Emmys With ‘Fleabag’ and ‘Maisel’
    Bloomberg

    Amazon Dominates Comedy Emmys With ‘Fleabag’ and ‘Maisel’

    (Bloomberg) -- Amazon.com Inc.’s “Fleabag” and “The Marvelous Mrs. Maisel” pulled off a near-sweep of the comedy Emmys awarded on Sunday night, cementing the company’s status as an outlet for high-brow humor.“Maisel,” a show about a New York housewife turned standup comic, picked up statuettes for best supporting actor and actress. “Fleabag,” a dark comedy about a young British woman struggling to get her life together, won for writing, directing, best actress and best comedy.Bill Hader, the star of HBO’s “Barry,” also snagged a comedy Emmy for acting at the awards, which Fox broadcast live from Los Angeles. The TV academy aped the film academy in staging an awards show without a formal host, though it did have an announcer providing sports-style running commentary.With media giants rushing to introduce new streaming platforms, Amazon has sought to build a reputation for high-quality original shows. It’s going to get harder to stand out. Walt Disney Co., Apple Inc., AT&T Inc.’s WarnerMedia and Comcast Corp.’s NBCUniversal will all roll out their services in coming months, setting up a historic fight for viewers’ eyeballs and wallets.Disney planted a flag early in the show with a commercial for its Disney+ streaming service, calling out its ownership of hit machines like Star Wars, Marvel and Pixar.Phoebe Waller-Bridge, the “Fleabag” creator, was nominated for best comedy and as well as best drama, for “Killing Eve.” That gave her a chance to match an accomplishment attained by prolific producer David E. Kelley in 1999, but the drama award went to “Game of Thrones.”“Maisel” also won five Emmys last year. “Saturday Night Live,” meanwhile, took this year’s Emmys for a variety sketch series.(Updates with best comedy Emmy in second paragraph)To contact the reporter on this story: Lucas Shaw in Los Angeles at lshaw31@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Virginia Van NattaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    UPDATE 2-Billy Porter, 'Game of Thrones' stars arrive for television's Emmys

    LOS ANGELES, Sept 22 (Reuters) - "Pose" star Billy Porter, sporting a crystal-studded black suit and an enormous hat, along with "Games of Thrones" stars Peter Dinklage, Maisie Williams and Gwendoline Christie were among early arrivals for television's Emmy awards on Sunday, where HBO's medieval fantasy series aims to crown its final season with a fourth best drama series statuette. Director Ava DuVernay and the five men known as the Central Park Five, whose wrongful arrests in New York three decades ago are dramatized in the Emmy-nominated "When They See Us," also walked the purple carpet in Los Angeles, along with "The Marvelous Mrs Maisel" lead actress Rachel Brosnahan.

  • Roku’s stock rocked as analyst asks, ‘Is Roku broku?’
    MarketWatch

    Roku’s stock rocked as analyst asks, ‘Is Roku broku?’

    Shares of Roku Inc. plunged Friday, putting them on track for their worst-ever weekly performance, as investors continued to express concern over increasing competition and an extreme valuation.

  • Reuters

    Who will wear the Emmy crown? New faces battle old favorites for top TV awards

    LOS ANGELES, Sept 22 (Reuters) - "Game of Thrones" looks set to crown its final season with another best drama series Emmy on Sunday despite an array of new contenders jostling for the most prestigious awards in television. On a night that could see old favorites prevailing over the biggest lineup of first-time nominees in eight years, HBO political satire "Veep" and returning Emmy champ "The Marvelous Mrs Maisel" from Amazon Studios, along with their stars Julia Louis-Dreyfus and Rachel Brosnahan, are seen as frontrunners in the contest for best comedy series. Unless, that is, British comedian Phoebe Waller-Bridge can pull off an upset with one or both of her buzzy shows - female-driven BBC America thriller "Killing Eve" and Amazon comedy "Fleabag," which drew 20 Emmy nominations between them.

  • AT&T Has Few Options for Its Slumping DirecTV. None Are Great
    Bloomberg

    AT&T Has Few Options for Its Slumping DirecTV. None Are Great

    (Bloomberg) -- AT&T Inc. and activist investor Elliott Management Corp. seem to agree on one thing: DirecTV, the phone giant’s shrinking satellite service, is a drag on the company. But solving the problem won’t be easy.AT&T acknowledges the faster-than-predicted decline at DirecTV. But Randall Stephenson, chief executive officer and architect of the company’s $48.5 billion purchase, sees the service as one of two key businesses -- the other being mobile phones -- that will allow the company to pipe entertainment and advertising to millions of customers.The problem is that AT&T lost 2.3 million TV customers in the past year, and expects to lose up to 350,000 more this quarter, Chief Financial Officer John Stephens said at a Sept. 11 investor conference. The division, including the online streaming service DirecTV Now, is being sued for allegedly misleading investors about its subscriber numbers, and its value today is below what AT&T paid for the business four years ago.Stephenson met with officials of Elliott Management on Tuesday, according to a person familiar with the matter. In a letter to AT&T last week, Elliott said it had acquired a $3.2 billion take in the phone company, highlighted areas for improvement and raised the possibility of divesting DirecTV.Here are some of the options that AT&T has for DirecTV, along with the pros and cons.Dish DealAT&T and Dish Network Corp. -- the other major satellite TV provider -- are suffering the steepest subscriber losses in the pay-TV industry. And in June they said they are open to a combination.But the creation of pay-TV colossus with almost 30 million subscribers would almost certainly face regulatory opposition, even today when viewers have so many new options available, like Netflix and new streaming services from media giants including Walt Disney Co. and Comcast Corp.“That’s been tried from a regulatory perspective,” Stephens said on Sept. 11. “It hasn’t been successful, and I don’t know that there is any change in that regulatory perspective.”Still, the rationale of pairing two declining businesses has its fans.“It’s complicated but not impossible,” said Jonathan Chaplin, an analyst with New Street Research. “On the right terms, it could get financing.”There would be benefits to combining the businesses: With scale comes negotiating leverage, lower content costs and potentially lower overhead. The cash generation is attractive. And add a dynamic management team, and it could be run successfully, Chaplin said.But there are also concerns: Depending on how a deal is structured, AT&T could lose a key distribution arm for its emerging media strategy and suffer a crippling loss of cash flow. DirecTV has $25.5 billion in annual revenue and generates about $4.5 billion in free cash flow, according to estimates by Walt Piecyk, an analyst at LightShed Partners LLC.“Markets always believed they bought this declining asset with steady cash flows as a stop-gap measure to strengthen their balance sheet and credit metrics,” said Todd Lowenstein, managing director of Highmark Capital Management Inc.Spinoff or SaleAT&T could separate its TV business in a variety of other ways, including a sale to private equity investors or a spinoff to shareholders.The proceeds of a sale could help AT&T reduce some of its $194.5 billion in total debt. That would provide the biggest boost to its credit rating, according to a report Friday from Neil Begley, a Moody’s Corp. analyst.Similarly, AT&T could distribute stock in DirecTV to its current shareholders via an an exchange offer. That would reduce AT&T’s stock outstanding and trim its dividend burden, Begley wrote.As part of such a transaction, DirecTV could also take on debt and pay AT&T a dividend to reduce its own borrowing and compensate for the loss of cash flow. Such an arrangement is “probably one of the more credit favorable ones after an outright sale,” Begley said.Again, with a deal AT&T would potentially lose a customer base for its advertising and media products. And even freed of DirecTV, the company will still have a lot on its plate. AT&T faces a heavy spending burden for 5G network expansion, its dividend and further debt reduction. The company’s newly acquired WarnerMedia division is ramping up the production of movies and TV shows to support its new streaming efforts.“A sale or spin could make some strategic and financial sense given the shifting competitive landscape, but they still need to be laser focused on execution to succeed,” Lowenstein said.Hang OnDallas-based AT&T knew it was buying a mature satellite TV business with a limited shelf life when it acquired DirecTV. Stephenson’s plan, given enough time, was to gradually serve customers through broadband connections, as it’s trying to do now with the new AT&T TV offer, a lower-cost cable-like service.Those customers, along with the 77 million regular monthly wireless subscribers, would provide a big base to sell advertising and additional services, like the upcoming video streaming service HBO Max.Making progress on those fronts is crucial. Left as is, AT&T’s TV business could see steeper declines in pay-TV subscribers. Faster revenue losses will make it tougher to meet those other cash needs.“If AT&T can’t find an attractive exit from DirecTV, then they will continue to squeeze as much free cash flow as they can from the TV business,” Piecyk said. “If they can leverage network improvements, push back on content pricing and slow subscriber losses, it would certainly advance their strategy.”To contact the reporter on this story: Scott Moritz in New York at smoritz6@bloomberg.netTo contact the editors responsible for this story: Nick Turner at nturner7@bloomberg.net, Rob Golum, Linus ChuaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Changing Streaming Landscape Spells Trouble for Hulu
    Market Realist

    Changing Streaming Landscape Spells Trouble for Hulu

    The online streaming landscape was once owned by a few companies, largely Netflix and Hulu, but each of which offered a different type of content.

  • Netflix CEO Sees “A Whole New World” of Streaming
    Market Realist

    Netflix CEO Sees “A Whole New World” of Streaming

    Netflix (NFLX) used to dominate the SVOD streaming services market. It was a leader with few competitors and a subscriber base of over 150 million.

  • What Netflix CEO Thinks about Apple, Disney, and NBC
    Market Realist

    What Netflix CEO Thinks about Apple, Disney, and NBC

    According to Reuters, Netflix CEO Reed Hastings (NFLX) said companies like Disney (DIS) and Apple (AAPL) will boost already rising production costs.

  • ETFs in Focus as Netflix Bags Global Rights for Seinfeld
    Zacks

    ETFs in Focus as Netflix Bags Global Rights for Seinfeld

    Netflix boosts its content portfolio with the new show. We highlight the ETFs that can gain from this move.

  • Roku Stock Dives Below Key Support Level After Getting Sell Rating
    Investor's Business Daily

    Roku Stock Dives Below Key Support Level After Getting Sell Rating

    Streaming video platform Roku received a bearish assessment from a Wall Street analyst on Friday, causing Roku stock to tumble below its 50-day moving average line, a key support level.

  • Roku Unveils Streaming Devices Roku Express & Roku Ultra
    Zacks

    Roku Unveils Streaming Devices Roku Express & Roku Ultra

    Roku (ROKU) launches new devices that are expected to strengthen its footprint in the increasingly crowded video-streaming space.

  • Roku News: Why ROKU Stock Is Falling Today
    InvestorPlace

    Roku News: Why ROKU Stock Is Falling Today

    Roku (NASDAQ:ROKU) news for Friday about a "Sell" rating for the stock is hitting ROKU hard.Source: Michael Vi / Shutterstock.com The sell rating for Roku stock comes from Pivotal Research analyst Jeffrey Wlodarczak. Wlodarczak only just initiated coverage of ROKU stock today and that "Sell" rating isn't doing it any facors. In that same line, a price target of $60 per share is also ill Rokus news. It sits 55% below the stock's closing price on Thursday.So why exactly is Wlodarczak so pessimistic about ROKU stock? It all comes down to competition. Roku is going to be dealing with much more of that in the near future as more and more companies announce plans for their own set-top boxes.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe problem for Roku is that is has strong competitors in the market all making announcements recently. That includes Comcast (NASDAQ:CMCSA) offering free Xfinity Flex streaming devices to internet customers. There's also concerns from recently-announced streaming efforts being made by Apple (NASDAQ:AAPL) and Facebook (NASDAQ:FB), reports CNBC. * 7 Triple-'F' Rated Stocks to Leave on the Shelf While these concerns aren't helping ROKU stock, it's worth noting that this isn't the general consensus among analysts. An average of 17 analysts are carrying an "Overweight" rating for the stock. They also have an average price target of $130.69, which is 2% below yesterday's closing price for ROKU.ROKU stock was down 18% as of Friday afternoon, but is up 311% since the start of the year.As of this writing, William White did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Triple-'F' Rated Stocks to Leave on the Shelf * 10 Excellent Stocks to Watch for 2020 and Beyond * 7 Consumer Stocks to Buy in an Uncertain Market The post Roku News: Why ROKU Stock Is Falling Today appeared first on InvestorPlace.

  • Benzinga

    Roku's Rough Week: A Constructive Pullback For The Stock?

    Roku Inc (NASDAQ: ROKU) shares have experienced a steady sell-off this week, culminating in a 20% drop on Friday. On Wednesday, The Verge reported that Facebook, Inc. (NASDAQ: FB) is preparing to launch a clip-on camera for use in video calling, content co-watching and AR gaming. Facebook’s Portal TV could be a major threat to Roku devices.

  • StockBeat: Roku Shares Clobbered as Analyst Says Sell
    Investing.com

    StockBeat: Roku Shares Clobbered as Analyst Says Sell

    Investing.com - Roku shares were hit hard Friday after a Wall Street analyst rated the stock a sell and slapped it with a $60 price target.

  • Netflix's stock sinks as CEO sees 'tough competition' from Apple, Disney
    Yahoo Finance

    Netflix's stock sinks as CEO sees 'tough competition' from Apple, Disney

    Netflix tumbled as the company’s CEO acknowledged intensifying competition in the streaming media space.

  • Roku Has Worst Day in Months as Fear of Competition Looms Again
    Bloomberg

    Roku Has Worst Day in Months as Fear of Competition Looms Again

    (Bloomberg) -- Roku Inc. shares suffered their second double-digit percentage drop of the past three trading days on Friday, as concerns over competition once again pressured a stock that has quadrupled since December.Shares of the the video-streaming platform company sank as much as 18% in midday trading, its biggest one-day percentage loss since November, dropping on volume that already eclipsed its daily average volume over the past three months. The stock was trading at a six-week low, and on track for a weekly drop of more than 25%.With the decline, Roku has lost about 35% of its value since a record close hit earlier this month. Even with the drop, however, shares remain up more than 300% from a December low as investors see the company as a major beneficiary to a shift toward streaming video.Friday’s decline was sparked after Pivotal Research Group started coverage on Roku shares with a sell rating and Street-low price target of $60, a target that represents downside of more than 55% from the company’s Thursday close.Analyst Jeffrey Wlodarczak wrote that shares were “dramatically overvalued” after the 2019 rally, and that he sees “dramatically more competition emerging.”Pivotal’s comments spoke to an issue that also weighed on Roku on Wednesday, after Facebook Inc. debuted a new model of its Portal video device that will have access to some streaming services, and Comcast Corp. said its Xfinity Flex box would be included with Internet-only subscriptions.Wlodarczak sees such developments as a harbinger of things to come. He anticipates “dramatically more competition,” including from “big boys” like Comcast, whose plan “will inevitably be copied by other distributors”, and “likely drive the cost of [over-the-top video-streaming] devices to zero.”These rivals have “massive leverage,” he wrote, and are likely to make growth “much more difficult.”This bearish view is a minority opinion. Pivotal is only the second firm to recommend selling Roku shares, according to data compiled by Bloomberg, compared with the stock’s nine buy ratings and the five firms with a neutral view on the stock.As occurred following the week’s previous drop, Roku bulls defended the name as shares declined. Needham analyst Laura Martin called it “the gold-standard pure play” of video streaming, one that was “underscored by flawless (our word) execution” and a continually expanding total addressable market.The firm reiterated its buy rating and $150 price target in a note to clients. “Even if Roku’s hardware sales went to zero TOMORROW,” the financial downside “would be minimal” as it accounts for just 5% of its gross profit, Martin wrote (emphasis in original).Separately, Oppenheimer on Friday affirmed its outperform rating despite the “pending SVOD war,” referring to streaming video on demand. “Roku’s U.S. strategy play-book should allow fast international market share,” the firm wrote. “Many new services are playing catch-up in a crowded market, with limited scaled platforms to add [subscribers].”The firm raised its price target to $155 from $120, and was at least the second firm this week to boost its view on Roku’s international potential, following a similar move from Guggenheim on Wednesday.Currently, analysts expect full-year revenue growth of about 48% for 2019, and 36% growth in 2020, according to data compiled by Bloomberg. According to a Bloomberg MODL forecast, Roku is expected to have about 36.2 million active accounts at the end of 2019.To contact the reporter on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Steven Fromm, Morwenna ConiamFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • MarketWatch

    Netflix's stock falls again to pace S&P 500 decliners as streaming competition heats up

    Shares of Netflix Inc. dropped 5.7% in midday trading Friday, to pace all S&P 500 decliners, after a report that that the streaming-video company would boost spending in the United Kingdom to fend off competition. The stock, which has now tumbled 9.5% over the past three sessions, was on track for the lowest close since Jan. 2. The Financial Times reported, in a report titled "Netflix to boost £400m UK spending as streaming wars intensify," the FT said it was ramping its investment ($499.6 million) in British TV programs such as "The Crown" and "Sex Education" as spending on the streaming wars creates and boomtime for producers. Netflix's current losing streak started on Wednesday, after Comcast Corp. announced a new streaming service called "Peacock" and said it would start giving away its Xfinity Flex streaming-media player for free to internet-only subscribers. Netflix's stock has tumbled 26% over the past three months, while Comcast shares have climbed 6.9% and the S&P 500 has gained 1.9%.

  • Will a Rush of Streaming Services Wipe Out Cable Providers?
    Zacks

    Will a Rush of Streaming Services Wipe Out Cable Providers?

    Is the onset of streaming services spelling doom for cable providers? Let us have a look.

  • Benzinga

    Pivotal Research Explains Roku Bear Thesis

    Roku Inc (NASDAQ: ROKU ) will have a tough time competing in the streaming video landscape, as growing competition will push the cost of devices to "zero," according to Pivotal Research.   The ...

  • TheStreet.com

    Roku Gets a Downgrade... And an Upgrade

    Shares of Roku are falling again, but analysts are divided on whether or not it can weather the hit from heightened competition from Comcast.

  • Closing of Colorado's largest film-production studio likely to ripple throughout local film industry
    American City Business Journals

    Closing of Colorado's largest film-production studio likely to ripple throughout local film industry

    The move comes as industry leaders worry that three years of reduced film-incentive funding is already drying up jobs.

  • [video]Roku Slides Again, This Time on Analyst Sell Recommendation
    TheStreet.com

    [video]Roku Slides Again, This Time on Analyst Sell Recommendation

    Shares of Roku resume their decline after Pivotal Research Group initiates coverage on the company with a sell recommendation.

  • Investing.com

    Stocks - U.S. Futures Rise as Trade Progress Monitored

    Investing.com - U.S. futures rose slightly on Friday, amid further tentative signs of detente between the U.S. and China on trade.