38.47 0.00 (0.00%)
After hours: 5:53PM EST
|Bid||38.38 x 2200|
|Ask||38.50 x 800|
|Day's Range||37.44 - 38.47|
|52 Week Range||30.43 - 39.74|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||15.21|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||0.84 (2.25%)|
|1y Target Est||44.20|
Verizon on Thursday said it would expand 5G broadband services to more markets in 2019 but didn't say how many. Verizon stock rose nearly 1% after its analyst day. Comcast also gained.
Inside Twitter’s Video Push and International EffortsDigital video advertising hit milestone in the United States Video has become a big focus for Twitter (TWTR) and for good reason. The first is the shift from television commercials to Internet
The race is on: Two parcels of land totaling more than 50 acres and fronting Universal Boulevard are up for sale – neighboring the future expansion land of Universal Orlando Resort. The two parcels of land, owned by Boston-based UC Funds, are being marketed by CBRE Group Inc. (NYSE: CBRE) and appear to be the final two pieces Universal Orlando may need to complete a massive land grab of 800-plus acres – 500 acres of which are being set up for development now. The two parcels of land include: A 22-acre piece across from the Icon Orlando observation wheel at Icon 360.
It's official: Universal Orlando Resort's new Harry Potter-themed coaster will star the one and only Hagrid, and it will open in time for the summer season. The new attraction, which replaces the former Dragon Challenge coaster at Islands of Adventure, will be the latest addition to the Wizarding World of Harry Potter Hogsmeade area. Here's more from Universal Orlando: An image of the attraction shows guests on an extended version of Hagrid's motorbike as the image of creatures are nearby.
Comcast, Warner Bros. and Disney are the latest entries, signifying a major shift in strategy for traditional cable television companies. In the past, these giants have licensed their content to services like Netflix, Amazon and Hulu. However, that's about to change — and it could be bad news for Netflix, in particular.
Comcast today announced it will offer the Samsung Galaxy S10, S10e, and S10+ devices to Xfinity Mobile customers. All devices will be available in Flamingo Pink, Prism Blue, Prism White, Prism Black, and the Galaxy S10+ will also be available in Ceramic Black and Ceramic White. Galaxy S10 5G, Samsung’s flagship 5G-capable phone, will be available to Xfinity Mobile customers later this summer.
A Look at AT&T’s Performance Year-to-Date(Continued from Prior Part)AT&T’s DIRECTV NOW customersAT&T’s (T) DIRECTV NOW is a streaming service that delivers content directly to users via the Internet as a substitute to signing up
By Helen Coster (Reuters) - Viacom Inc said on Wednesday it will provide programming on fuboTV's live TV streaming service, part of an industry trend of cord-cutting that also has Viacom distributing content ...
Hedge funds that slashed their exposure to equities in the fourth quarter include those run by billionaires David Tepper (Appaloosa Management) and Dan Loeb (Third Point). Tepper’s fund sold off 18 positions in the fourth quarter, including stakes in Alibaba (BABA) and Apple (AAPL) while opening just four new ones.
Analyzing the Latest from Netflix, Spotify, and Uber(Continued from Prior Part)Netflix faces several headwinds at homeNetflix (NFLX) stock has risen 10.8% since January 23 after falling 8.8% since announcing its fourth-quarter earnings results in
The Latest on Disney’s Deals with Hulu and Fox(Continued from Prior Part)Hulu is posting lossesThe Internet streaming service provider Hulu grew its subscriber base and advertising revenues in 2018. While Hulu’s advertising revenue increased 45%
On Tuesday, March 12, 2019, Dave Watson, President and Chief Executive Officer of Comcast Cable and Senior Executive Vice President of Comcast Corporation , will participate in Deutsche Bank’s 27th Annual Media, Internet & Telecom Conference in Palm Beach, Florida.
TiVo's (TIVO) Q4 results might bear the brunt of weak revenues from the Legacy TiVo Time Warp IP deals. However, renewals and new licensing agreements are a boon.
The Latest on Disney’s Deals with Hulu and Fox(Continued from Prior Part)Disney-Hulu dealWalt Disney (DIS) has decided to make several animated series from its Marvel Studios for its Hulu platform. On February 11, Disney agreed to a deal with
How These Mobile Operators Are Working to Drive Growth(Continued from Prior Part)Sprint seeking damagesSprint (S) recently sued AT&T (T), accusing the competitor of misleading customers through its 5G branding. AT&T customers in some markets
Netflix (NFLX) cancels two superhero shows based on Marvel's characters, as Disney gears up to launch its own streaming service.
The Latest on Disney’s Deals with Hulu and FoxDisney’s deal with HuluWalt Disney (DIS) recently signed an agreement with Hulu to bring Marvel characters to the small screen. According to the contract, Disney will produce four adult animated
Groupon (NASDAQ:GRPN) served up the "disaster du jour" to investors Feb. 13, falling almost 14% in early trade after earnings that angered analysts. The GRPN stock one-day fall erased most of its gains for 2019, a year that'd been expected to produce better results.Source: Shutterstock Net income of $46.2 million, or 8 cents per share, on revenue of $800 million was not nearly good enough for Groupon stock with a consensus forecast for a 13-cent per share profit.Fool me once, shame on me. Fool me twice, won't get fooled again, as the Bush II-era saying goes.InvestorPlace - Stock Market News, Stock Advice & Trading Tips New Groupon?With 570 million shares outstanding and a market cap of $1.93 billion, Groupon stock looks cheap. But looks can be deceiving.Shares have been trading in a range from $6 to $3 each for years. The late-year tech wreck sent GRPN stock to the bottom of that range in December, but it had been recovering through 2019. Results sent the shares down to test the lows again. * 7 Financial Stocks With Accelerating Growth The problem is that analysts have seen this movie before. Groupon traded as high as $26 per share right after its 2012 initial public offering. It was still trading at $12.60 at one point in 2013. Then its "daily deals" business model, in which merchants offer coupons redeemable for a great price if enough consumers sign on through an e-mail blast, grew stale.With the shares down to the $3 range in late 2015, Amazon.com (NASDAQ:AMZN) alum Rich Williams was promoted to replace founder Eric Lefkofsky as CEO.Williams streamlined the business, cutting headcount and international expansion. He even drew a $250 million investment from a venture fund backed by Comcast (NASDAQ:CMCSA).In 2017 Williams rolled out Groupon+ , which linked consumer accounts to their credit cards through an app, eliminating paper vouchers. This also made offers easier to transmit, to a more-willing audience.Williams started drawing admiring stories about the company becoming a "modern day loyalty program" again.But growth hasn't followed. The fourth quarter of 2018 was the 12th in a row where the company reported lower revenue and less customer traffic. Williams' release on the numbers talked about a "challenging operating environment" -- always a red flag -- promising "bolder bets" in 2019, like a partnership with AMC to sell movie tickets. * 9 U.S. Stocks That Are Coming to Life Again Even TV analyst Jim Cramer, who had Williams on his show in December, acknowledged recently he had been wrong on Groupon.That turns out to have been the right call. The Copycat ExceedsGroupon has also fallen behind Pinduoduo (NASDAQ:PDD), a 2015 Chinese start-up backed by Tencent Holdings (OTCMKTS:TCEHY) that already has a market cap of $29 billion, 15 times that of Groupon.Pinduoduo's business model is like Groupon on steroids. While Groupon deals are initiated by businesses, as a form of advertising, Pinduoduo deals are initiated by consumers. They choose what they want to get, then look for friends and family who will join them in buying it.However, Pinduoduo may quickly follow Groupon into the bargain bin. Its shares fell sharply after the IPO lock-up period expired and a hack of its system unleashed a torrent of free coupons. Bottom Line on Groupon StockThis should be a great week for Groupon. Valentine's Day often brings a flood of opportunities for two-for-one deals.But analysts have been burned on GRPN stock. It's doubtful many will be going in again unless Groupon can deliver what it hasn't been able to deliver so far under Williams: top-line growth.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned shares in AMZN. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Hot Stocks Leading the Market's Blitz Higher * 7 Strong Buy Stocks With Over 20% Upside * 5 Growthy Stocks Trading Below 15X Earnings Compare Brokers The post Groupon Stock Investors Mull Results: Disaster or Just Disappointment? appeared first on InvestorPlace.
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendationsFrontier Communications (FTR) stock offers a potential upside of ~90.7% going forward compared to its current market price of $2.37. Wall
Roku's (ROKU) fourth-quarter 2018 results are likely to benefit from the popularity of Roku Channel and growth in smart TV market share.
How Top Telecommunications Stocks Are Faring in February(Continued from Prior Part)Analysts’ recommendationsCharter Communications (CHTR) stock offers a potential upside of ~13.3% going forward compared to its current market price of $341.60. Wall
Dish Network Stock Rises despite Q4 Subscriber Losses(Continued from Prior Part)Analysts’ recommendations on Dish NetworkOf the 23 analysts covering Dish Network (DISH), ten analysts have recommended “buys” on the stock, and nine have rated it