40.00 -0.18 (-0.45%)
After hours: 7:34PM EDT
|Bid||40.00 x 4000|
|Ask||40.20 x 1300|
|Day's Range||39.40 - 40.27|
|52 Week Range||31.71 - 47.74|
|Beta (5Y Monthly)||0.96|
|PE Ratio (TTM)||15.94|
|Earnings Date||Jul 23, 2020 - Jul 27, 2020|
|Forward Dividend & Yield||0.92 (2.32%)|
|Ex-Dividend Date||Jun 30, 2020|
|1y Target Est||45.06|
Hollywood studios and labor unions on Monday proposed extensive coronavirus testing and other safeguards to allow actors and crew members to resume movie and TV show production in the United States. An entertainment industry task force sent dozens of recommendations to the governors of California and New York, two of the largest U.S. production hubs, and was awaiting a green light to return to sets. In a 22-page blueprint, the task force urged regular testing for cast and crew and daily monitoring of symptoms through temperature checks or other measures.
George Floyd was not the first person to lose consciousness after a Minneapolis police officer put him in a chokehold. In fact, Minneapolis cops have rendered 44 people unconscious with neck restraints since the beginning of 2015, according to an NBC News analysis of police records. The Minneapolis police define “neck restraints” as any time an officer uses an arm or a leg to press someone’s neck without directly pressuring the airway, more commonly referred to as a chokehold.
The Japanese theme park operator owned by U.S. cable and media company Comcast Corp said it would reopen on June 8 to residents of Osaka Prefecture, and to residents of nearby regions from June 19. Universal Studios Japan's (USJ) reopening comes after the Asian nation lifted its state of emergency on Osaka Prefecture and surrounding regions on May 21 following a sustained fall in the number of coronavirus infections in the area.
Comcast Business At Home – a dedicated, enterprise-grade and business-paid set of connectivity solutions for business owners with remote employees.
Cord-cutting is expected to accelerate through 2021, but some say the financial consequences for U.S. cable providers will be limited.
HBO Max made its official entrance into the streaming wars on Wednesday — and its day-one performance highlights how consumers are embracing the new platform.
Don’t throw away that junk mail — or you might throw away your stimulus payment. The U.S. Treasury Department and the Internal Revenue Service began sending out Economic Impact Payments as prepaid debit cards last week. Problem is, these Visa cards are being issued by MetaBank (the Treasury’s financial agent) and delivered in plain envelopes from Money Network Cardholder Services — neither of which is a familiar name for most of us.
Comcast (CMCSA) closed the most recent trading day at $39.60, moving +0.13% from the previous trading session.
Dara Khosrowshahi tells The Today Show he ‘certainly’ thinks the worst of the coronavirus crisis is over for Uber
Yahoo Finance's Alexandra Canal breaks down the latest outlook for cable providers as more Americans cut the cord and opt for streaming platforms.
Yahoo Finance's Alexandra Canal breaks down the latest numbers for HBO Max as the platform officially enters a crowded streaming fight.
There's a lot I don't understand about science and virology. But I understand marketing and the power of a great brand. So even in the midst of a global selloff in equities, I remained bullish on Disney (NYSE:DIS). And since my last article, DIS stock is up 20%.Source: spiderman777 / Shutterstock.com However, skeptics will note that DIS stock was down nearly 45% for the year at the end of March. So it's fair to ask -- is this is just a case of Disney investors grabbing some low-hanging fruit? I don't think so.What is helping Disney right now is first and foremost the hope that the worst is behind the company. But Disney is also taking concrete action to help renew investor hopes. I agree with InvestorPlace Markets Analyst Luke Lango, the reopening of all the company's businesses may take some time, but right now the world needs a little magic. Disney is ready to deliver.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd that means that DIS stock is a good choice for investors looking for growth in 2020. The Best and Worst of Times for DIS StockThis year has been the best of times, and the worst of times, for Disney. Heading into 2020, Disney was firing on all cylinders. And DIS stock was sitting just below the record high it set in November 2019. * 7 Red-Hot Vaccine Stocks Racing to Develop a Coronavirus Cure Of course, then the novel coronavirus began to sweep the nation. Unfortunately, Disney was not immune to the stock selloff. But Disney's problem was far more acute. It has done a masterful job of building its brand from theme parks to hotels to cruise lines and retail stores. Then late last year, Disney launched Disney+ and obtained 50 million subscribers in just five months.All of these businesses -- with the exception of Disney+ -- were affected by the lockdown. Theme parks were closed, along with hotels and retail store. Cruise ships were given the no-sail edict. The movie studios could not make new content. Launch dates for movies that were completed were postponed. The Return of Live Sports Patches an Important HoleThe one weakness in the Disney fortress was ESPN. The company had purchased ABC, and by extension ESPN, nearly 25 years ago. And for most of that time, ESPN has been a wonderful and profitable partner. But in an age of cord cutting, ESPN has been losing its magic.The luster of ESPN dimmed even further with the absence of live sports. As I wrote back in early May, Disney has a contract with the NBA that is north of $2 billion. The company has been getting no return on that investment. But that may be about to change.It will be a logistical challenge for sure, but the NBA is contemplating continuing its season at Disney. The proposed plan would have the league using Disney's ESPN Wide World of Sports Complex as a single campus.Yes this would bring the company revenue. But it would also bring much needed exposure. Disney Is Turning Setbacks Into OpportunitiesUniversal Studios, which is owned by Comcast (NASDAQ:CMCSA), recently announced it will open its theme parks on June 5. Disney is taking a slower approach. The company has opened its shopping and dining complexes, but it will be content to learn from Universal.That looks to be a smart strategy. Being the first through the door may give Universal a small first-mover bump. But this is a situation where it's far more important to open right than to open first.I'm not saying that Universal will have problems. I hope it doesn't. But Disney will undoubtedly benefit from watching and waiting. Death, Taxes and a DIS Stock RallyOK maybe I overstate the bullish case a little, but when it seemed like the world was falling apart, my social media feeds expressed a common sentiment: "When can I rebook my Disney vacation?" The question wasn't if it would be safe to go back, but rather when Disney would be allowed to reopen.Are there risks? Absolutely there are. But Disney is an amazingly sticky brand. It has bounced back from 9/11, from the financial crisis and I believe it will come back from this as well. And in the process it will probably establish some best practices for what a safe reopening looks like.That's the power of a brand. It's the power of being a destination. And it's the kind of magnetism that comes from being a global icon. Disney has powerful catalysts that are only starting to be activated. If you've been staying on the sidelines it's not too late to jump back in on DIS stock.Chris Markoch is a freelance financial copywriter who has been covering the market for over five years. He has been writing for InvestorPlace since 2019. As of this writing, Chris Markoch did not hold a position in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * The Huge Story for 2020 & Beyond That You Aren't Hearing About * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * The 1 Stock All Retirees Must Own The post Thereas Still Time to Buy the Disney Stock Dip appeared first on InvestorPlace.
Comcast shares have suffered from concerns about NBCUniversal, cord-cutting, and Covid-19. That will change, says the co-founder of Stoic Point Capital Management.
First Eagle Investment Management recently released its Q1 2020 Investor Letter, a copy of which you can download below. The First Eagle Fund of America posted a return of -23.72% for the quarter (without sales charge), underperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. You should check out First […]
Today, Comcast Corporation (NASDAQ: CMCSA), Charter Communications, Inc. (NASDAQ: CHTR) and ViacomCBS (NASDAQ: VIAC; VIACA) announced that they have entered into an agreement to take equal ownership of Blockgraph, an industry initiative and software platform designed to create a more secure way to use aggregated and anonymized data and share information. This joint venture is focused on ushering in a new way of using audience data for advanced TV and premium video advertising. Using Blockgraph technology, media companies can help marketers form insights across their collective platforms without relying exclusively on third parties.
Shares of Netflix Inc. pulled an intraday U-turn to close higher Wednesday, snapping the longest-losing streak in nearly 10 months, and bucking the launch of the rival HBO Max service and the recent rotation away from COVID-19 beneficiaries.
Click here to read the full article. Better late than never: WarnerMedia clinched a deal with Comcast for HBO Max, with the final pact officially hammered into place just hours after the super-size streaming service launched earlier Wednesday.Comcast, one of the last big holdouts in picking up HBO Max, will help expand the fledgling streamer's reach. The U.S.'s largest cable operator, Comcast reported 20.8 million total video customers as of the end of the first quarter of 2020, though that was down 4.7% from the year prior.HBO Max is still not available on the two biggest over-the-top platforms, Roku and Amazon Fire TV, including their channel stores.On Wednesday, WarnerMedia and Comcast announced that access to HBO Max is included for the operator's current HBO subscribers, with HBO Max eventually to be integrated into Comcast's guides.Under the deal, Comcast's existing HBO subscribers with Xfinity X1 and Xfinity Flex will be able to log in to HBO Max's apps and website -- for no additional charge -- and new customers will be able to sign up for HBO Max at $14.99 monthly directly from Comcast "in the coming days." The companies said HBO Max will soon be available natively on the Xfinity platforms, alongside nearly 200 other services, including NBCUniversal's Peacock, Hulu, Netflix, and Amazon Prime Video.WarnerMedia's goal is to reach 50 million-55 million HBO Max customers in the U.S. by 2025, according to incoming AT&T CEO John Stankey.Related: HBO Max Launch: How to Get the Streaming Service (and How You Can’t)News of Comcast's deal for the new streaming product comes after WarnerMedia inked a dozen distribution agreements ahead of HBO Max's launch. Those include Apple, Google/YouTube TV, Hulu, Charter, Altice USA, Cox, Verizon, Samsung, Microsoft’s Xbox One and Sony’s PlayStation 4. In addition, AT&T, WarnerMedia's parent company, is offering various HBO Max bundling deals and free-trial offers.HBO Max, in which WarnerMedia plans to invest $4 billion over the next three years, launched with more than 10,000 hours of premium content. That's roughly double the lineup available on the traditional HBO service.Content on HBO Max includes everything on HBO and more -- including all eight of Warner Bros. "Harry Potter" movies and full seasons of “Friends,” “The Big Bang Theory,” “Rick and Morty,” “Sesame Street” and “Pretty Little Liars.”The streamer also has rights to all films from iconic animation house Studio Ghibli and offers movies from Warner Bros., New Line and DC like “Wonder Woman,” “The Matrix,” “Joker,” “Suicide Squad,” “Casablanca,” “Crazy Rich Asians” and “The Wizard of Oz.”
Professional golf is set to return on June 11 this year. While the sport will look different, sports fans will be likely be delighted to see live sports once more. How will the PGA ensure player safety? League officials will test players and all other tournament attendees daily.
Yahoo Finance's Alexis Christoforous and Brian Sozzi discuss the launch of HBO Max with Ark Invest analyst Nick Grous.
Walt Disney (NYSE: DIS) will be presenting plans to reopen Disney World before the county's economic recovery task force on Wednesday morning. SeaWorld Entertainment (NYSE: SEAS) will also be making its presentation before the committee. Comcast's (NASDAQ: CMCSA) Universal Orlando had its plans approved last week.
AT&T’s WarnerMedia division launches its HBO Max streaming service on Wednesday, taking on Netflix, Disney and Amazon at a time when coronavirus lockdowns have boosted demand for streaming even as rising unemployment has cut disposable incomes. HBO Max launches to a captive audience stuck at home without access to theater, live music, shopping excursions or live or televised sporting events. If HBO Max does not resume production by this fall, the service could start to see a shortage of original content as early as January, according to a source familiar with the company.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]
Comcast Business today announced that it is partnering with Nerd Street Gamers to provide high-performance connectivity and bandwidth for the esports company’s tournaments and Localhost facilities.