|Bid||39.00 x 800|
|Ask||39.41 x 4000|
|Day's Range||39.25 - 39.67|
|52 Week Range||30.43 - 40.52|
|Beta (3Y Monthly)||1.04|
|PE Ratio (TTM)||15.66|
|Earnings Date||Apr 25, 2019|
|Forward Dividend & Yield||0.84 (2.11%)|
|1y Target Est||44.27|
Music publishers are suing Peloton, the maker of video-streaming exercise bikes, for copyright infringement. CNBC's Diana Olick reports.
AT&T CEO Randall L. Stephenson was still interrupted by a robocall while on stage. On the same day, AT&T announced a key step in the fight against robocalls.
The Latest Updates from the Telecom Sector(Continued from Prior Part)AT&T reorganizes WarnerMedia unit AT&T (T) recently reorganized its WarnerMedia division in a move that seems to be aimed at cutting costs and allowing for more investments
How Is Charter Communications Positioned in March?Charter’s earnings trend In 2018, Charter Communications’ (CHTR) non-generally accepted accounting principles net income and diluted EPS amounted to $1.2 billion and $5.22, respectively, compared
The Latest Updates from the Telecom Sector(Continued from Prior Part)Vodafone avoids outright debt Vodafone (VOD) is raising about $4.5 billion through the sale of convertible bonds, according to a report from Bloomberg. The company intends to use
Three operators of a pirate streaming organisation which provided illegal access to Premier League soccer games to more than 1,000 pubs, clubs and homes in England and Wales over the last decade have been jailed for a total of 17 years. Steven King, who masterminded the fraud while trading under the names Dreambox (unincorporated), Dreambox TV Limited, and Digital Switchover Limited, was handed the biggest sentence of seven years and four months in jail. Paul Rolston was sentenced to six years and four months while Daniel Malone was given three years and three months by Warwick Crown Court in central England after a four-week trial.
Moody's Investors Service ("Moody's") has downgraded Scripps (E.W.) Company (The)'s ("Scripps") corporate family rating (CFR) to B1 from Ba3 and probability of default rating (PDR) to B1-PD from Ba3-PD. Concurrently, Moody's downgraded the rating on the company's senior secured bank credit facility (which includes the planned incremental term loan to fund the acquisition of Cordillera Communications) to Ba3 from Baa3 and the rating on the senior unsecured notes to B3 from B1.
The rush to fill in the land near Universal Orlando Resort's future expansion site already is under way with a new hotel planned just south of the company's property that's expected to become home to new theme parks and more eventually. Estero-based ComTerra Development Group filed plans with Orange County for a new 288-room dual-branded Staybridge Suites and Even Hotel — both flags of InterContinental Hotels Group — on 4.5 acres fronting Universal Boulevard, which is near the popular International Drive tourist corridor. Staybridge Suites has three metro Orlando locations: Lake Buena Vista, near SeaWorld and near Orlando International Airport.
Comcast and AT&T reached what the companies call a "milestone" in an effort to stop robocallers. Both companies tested the service on March 5 using their regular home voice networks, and said that customers might "soon" see incoming calls on the caller ID labeled as verified or not verified, helping them avoid scammers or telemarketers. While Comcast and AT&T compete in the worlds of pay TV, with AT&T owning both DirecTV and newly renamed WarnerMedia, the effort is tied to a larger effort by the FCC to address the use of spoofed phone numbers.
Universal Orlando Resort’s latest hotel will be ready to welcome guests in June. The new Universal’s Endless Summer Resort's Surfside Inn & Suites will open June 27, said the theme park. Surfside is the 750-room first phase of the 2,800-room resort, which also includes the 2,050-room Dockside Inn & Suites. Here’s more from the company: Universal's Endless Summer Resort is marketing rates as low as $85 per night and has rooms that sleep up to six people. It will be part of New York-based Loews Hotels & Co.'s portfolio.
Apple Is Tackling Its Challenges One by One(Continued from Prior Part)Apple aiming for $50 billion services revenue Apple (AAPL) appears to be nearing the launch of its long-anticipated video streaming service. The company has invited media to a
Today is historic for Disney (NYSE:DIS) stock, as the company closed its $71 billion acquisition of assets of Twenty-First Century Fox (NASDAQ:FOX).Source: Shutterstock For Disney CEO Robert Iger, the deal had its challenges. Keep in mind that Disney's rival, Comcast, (NASDAQ:CMCSA) tried to buy the Fox assets. But Iger got aggressive, boosting the price that DIS was willing to pay by about $19 billion. * 5 Cloud Stocks to Help Your Portfolio Fly But I think it was a good move, and the deal is likely to spark meaningful increases in the DIS stock price. The transaction brought marquee assets to DIS, like major film franchises (Avatar and Marvel's X-Men), TV shows (Empire, Modern Family, American Horror Story: Roanoke and American Dad) and cartoons (Ice Age and Rio).Yet there are certainly more reasons to be bullish about DIS stock than just the FOX deal.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSo let's take a look at three reasons to be bullish about Disney stock. Reason to Be Bullish on Disney Stock: Diverse AssetsAs seen with companies like GE (NYSE:GE), it's tough to run disparate businesses. But this has not been an issue for Disney. The company's diverse assets all are well-managed and seamless.The conglomerate's Parks and Consumer Products segment continues to grow at a nice pace. Keep in mind that the unit has been able to raise its prices, a testament to the power of the company's premium brand and a positive catalyst for Disney stock price. And the company continues to launch new parks, such as those focused on Star Wars.Then there is Disney's studio business. Last quarter, the company's movie unit slipped, as some films, such as Mary Poppins Returns and The Nutcracker and the Four Realms, performed badly at the box office.But in 2019, Disney's strong slate of movies should be a positive catalyst for Disney stock. Some of the company's upcoming films are Dumbo, Aladdin, Star Wars: Episode 9, Frozen 2 and Avengers: Endgame. It's pretty reasonable to assume that some of these flicks will be mega hits. Reason to Be Bullish on Disney Stock: StreamingStreaming is likely to be a game-changer for Disney stock. Iger is going all in on streaming. In the wake of the FOX deal, Disney's equity position in Hulu will rise to 60%. The service currently has 25 million subscribers.But the Disney+ streaming offering will be a bigger driver of Disney stock price. The service, which is expected to launch later this year, will have rich content, with titles from the Pixar, Marvel and Lucasfilm franchises. Also available through the channel will be the entire "Disney Vault," which is the company's large set of animated films. That content alone is likely to make Disney+ a must have for many consumers.Indeed, JPMorgan's (NYSE:JPM) Alexia Quadrani predicts that the service could attract as many as 50 million subscribers by the end of next year and eventually surpass Netflix (NASDAQ:NFLX). If she's right, Disney stock would be boosted by a notable increase of the company's recurring revenues. Moreover, the company's relationships with its customers would be strengthened, potentially leading to better targeting and content.Actually, if DIS gets that kind of traction, there would be a disconnect between its performance and DIS stock price. After all, DIS stock has a market cap of $167 billion whereas that of NFLX stock is $161 billion. Reason to Be Bullish on Disney Stock: Financials and ValuationThe valuation of Disney stock is fairly reasonable, as its forward price-earnings ratio is about 16. That is in-line with the multiple that DIS stock has had for the past four to five years. But with the expected catalysts from the film pipeline, the growth of the Parks business and the boost from streaming, the multiple of Disney stock could easily increase.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Invincible Stocks Leading The Bull Market Higher * 5 Dow Jones Stocks Coming to Life * 7 of the Best High-Yield Funds for 2019 and Beyond Compare Brokers The post 3 Reasons to Be Bullish on Disney Stock appeared first on InvestorPlace.
The Comcast Corporation is the second-largest cable television and broadcasting company in the world. The acquisitions and subsidiaries below have helped it to achieve this impressive status.
obscure the contrast between the media conglomerate's declining legacy video business and its growth segments. For instance, in 2018, Comcast reported revenue growth of 11.1% and operating growth of 5.5%. The video segment lost 344,000 residential subscribers during 2018.
The move marks the first joint advertising initiative since NBCUniversal’s parent company Comcast Corp. acquired Sky six months ago for $39 billion.
Ever since Comcast won the fight to acquire European satellite giant Sky last fall, analysts have questioned how it could justify the $40 billion price tag. The Philadelphia-based company’s announced one potential answer Monday. Comcast's NBCUniversal said it’s unifying its advertising services with Sky’s and ramping up technology across the two in a play to create a global advertising structure.
Walt Disney World's foodie fans will be pleased with the latest news coming out of the theme park giant. Disney (NYSE: DIS) announced on March 17 a new restaurant is in the works at Epcot's France pavilion, which some conceptual renderings are calling Creperie, a spot for crepes — thin pancakes with myriad fillings ranging from fruit to chocolate, cream, meat, cheese, eggs and vegetables. The pavilion is part of the Epcot theme park's World Showcase area, which features shops, restaurants, shows, rides and other attractions from 11 different countries.
Why Did Raymond James Upgrade AT&T Stock on Friday?(Continued from Prior Part)AT&T’s pay-TV customer base AT&T (T) has been facing significant declines in its pay-TV business, and it lost 403,000 satellite TV customers—more than the
How Network Systems Vendors Are Working to Drive Growth(Continued from Prior Part)Cisco wants to drive tech innovation Cisco Systems (CSCO) recently announced a plan to invest around $11 million to grow its business in Canada. The investment will go
Comcast Corporation will host a conference call with the financial community to discuss financial results for the first quarter on Thursday, April 25, 2019 at 8:30 a.m. Eastern Time .
BURLINGTON, Vt., March 18, 2019 /PRNewswire/ -- In a wide-ranging effort to promote online safety for Internet users in Vermont, Comcast today announced the expansion of a comprehensive public service campaign that will address some of the most serious challenges seniors, parents, and children face online. The effort is part of the Company's Internet Essentials program, the nation's largest and most successful high-speed Internet adoption initiative for low-income households. According to statistics reported by a Vermont state consumer protection agency, 5,471 scams were reported by Vermonters in 2018, including a growing number that are being delivered via the internet, mostly by emails.