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Comcast Corporation (CCZ) stock prices updated...
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Comcast Corporation stock price, CCZ
Comcast Corporation stock chart:
Comcast Corporation close price: 50.1
Stock price forecast:
DOWN TO -2.61%
Total forecasts: 81
Reached: 27 (33.33%)
Total Win: 67.52 (132.17%)
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Comcast Corporation latest news:
Hulu hires AMC Networks executive Joel Stillerman to expand original content
Hulu announced on Wednesday it has tapped former AMC Networks Inc. executive Joel Stillerman as the streaming platforms newly created chief content officer. Stillerman, who was president of original programming and development at AMC, will be in charge of overseeing the growth of Hulu's content partnerships, acquisitions and expansion of its originals slate. Hulu, which is expected to soon launch a live streaming TV option, is a jointly owned by Walt Disney Co. , 21st Century Fox Inc. , Comcast Corp. and Time Warner Inc. . "Over the past several years we've grown our audience and our content offering exponentially, and now is the right time to add Joel's creative and strategic leadership to the team and drive the next phase of Hulu's content business," said Hulu Chief Executive Mike Hopkins in a statement. Competition for exclusive content in Hollywood has continued to increase as streaming platforms like Hulu and rivals Netflix Inc. and Amazon.com Inc. have invested more in content production, distribution and acquisition. Hulu, which is currently streaming an adaptation of Margaret Atwood's "The Handmaid's Tale," made a splash last year with its first Golden Globe nomination for its comedy "Casual." Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
UPDATE 2-Comcast and Charter to announce wireless partnership on Monday -source
May 7 (Reuters) - Comcast Corp and Charter
Communications Inc will announce a wireless partnership
as soon as Monday, according to a source familiar with the
Viacom shares fall more than 7%, leading broader media selloff
Viacom Inc. shares were down more than 7% in afternoon trade on Wednesday, leading the broader media sector in an afternoon sell off. Following Viacom, shares of AMC Networks Inc. were down nearly 6% and 20th Century Fox Inc. shares fell more than 5%. Shares of Walt Disney Co. and Comcast Corp. were down more than 2%. There was no clear reason for the sell off, but Evercore ISI analyst Vijay Jayant attributed it to rearing cord-cutting fears, as the industry shifts focus to streaming. Earlier on Wednesday Hulu, which is jointly owned by Disney, Fox, Comcast and Time Warner, launched the beta version of its live TV service and Akamai Media reported poor revenue outlook due to continued weakness in its media business. Viacom will report second-quarter earnings on Thursday and is expected to post lower year-over-year profit at 59 cents per share with slightly improved revenue of $3.03 billion, according to FactSet. Shares of Viacom have gained more than 12% in the year to date, while declining nearly 5% in the last 12 months. By comparison, the S&P 500 index has gained nearly 7% in the year and 16% during the prior 12-month period.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Comcast statement on the spectrum it sold and purchased in the FCC’s broadcast incentive auction
* Comcast Corporation statement on the spectrum it sold and
purchased in the FCC’s broadcast incentive auction
Under Armour, Comcast gain on earnings; Southwest drops
Under Armour, Comcast gain in Wall Street trading on earnings; Southwest drops
Under Armour, Comcast gain on earnings; Southwest drops
Stocks that moved substantially or traded heavily Thursday: Under Armour Inc., up $1.96 to $21.67 The athletic apparel maker reported higher costs but still beat Wall Street's expectations for the first quarter.
UPDATE 4-Comcast profit tops views on subscriber growth, movie hits
NEW YORK, April 27 (Reuters) - Comcast Corp's
quarterly profit topped estimates on strong growth in cable and
internet subscribers and hits such as "Fifty Shades Darker" and
"Get Out" boosted movie revenue, the No. 1 U.S. cable operator
said on Thursday.
AP Explains: What is net neutrality and why does it matter?
"Net neutrality" regulations, designed to prevent internet service providers like Verizon, AT&T, Comcast and Charter from favoring some sites and apps over others, are on the chopping block.
Verizon Shares Drop after Q1 Miss, Subscriber Losses and Mega-Merger Comments
Shares of Verizon (VZ) slid Thursday morning as the telecom missed earnings expectations and shed subscribers in the first quarter, Along with first quarter results, CFO Matt Ellis discussed the carrier's launch of an unlimited plan and CEO Lowell McAdams' recent comments that the telecom is open to deals with Comcast (CMCSA) or Disney (DIS) on a call before the market opened on Thursday.
Dish looks less attractive as acquisition target following $6.2 bln spectrum buy; shares fall
Shares of Dish Network Corp. fell nearly 6% intraday on Monday as analysts began speculating that Dish looked less attractive as an acquisition target after the telecom company spent $6.2 billion in the Federal Communications Commission broadcast spectrum auction last week. Dish was among the highest spenders during the auction, along with T-Mobile US Inc. and Comcast Corp. . Analysts at J.P. Morgan wrote that a bid for Dish by Verizon Communications Inc. , which had been speculated about before, was less likely following Dish's $6.2 billion spectrum spend. "Verizon neither needs nor wants more low-band spectrum," lead J.P. Morgan analyst Philip Cusick wrote in a note to clients. "This purchase does set up Dish as a one-stop-shop for low, mid, and high band auction were an internet or technology player need that to get into the wireless market, though we find this unlikely." Shares of Dish have gained 2% in the year to date and are up more than 32% in the last 12 months. By comparison, the S&P 500 index is up nearly 5% in the year and nearly 13% over the last 12 months.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
US-WIRELESS/AUCTION-T-Mobile, Comcast, Dish acquire spectrum in airwaves auction -FCC
NEW YORK, April 13 (Reuters) - The U.S. Federal
Communications Commission said on Thursday that T-Mobile US Inc
, Comcast Corp, Dish Network Corp and
U.S. Cellular Corp were among the largest buyers of
spectrum in an $19.8 billion broadcast airwaves auction.
Are you ready for Comcast to be your wireless provider?
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Comcast Offers Mobile Service, YouTube Takes on Cable TV
Comcast Goes Mobile With Cellphone Service For Existing Customers
Comcast's new cellphone offer will use Verizon's wireless network and Comcast's own Wi-Fi hotspots. Xfinity Mobile offers prices that are generally cheaper than major wireless carriers.
Netflix upgraded to buy from neutral on belief of strong Q1 subscriber adds
Netflix may be in for a first quarter of strengthening subscriber numbers, according to analysts at UBS led by Doug Mitchelson, who upgraded the stock to buy from neutral. Shares of the streaming giant were up as much as 1.7% in premarket trade on Monday. Despite a period of fewer original content releases, Mitchelson wrote he sees upside to Netflix's subscriber guidance given growth in Europe and Latin America, as well as modest improvements in Japan. Netflix, after reporting adding 7.1 million subscribers in the most recent fourth quarter, is guiding for 5.2 million additions. Analysts tracked by FactSet, on average, expect the company to add 5.3 million subscribers. "Netflix is certainly well-liked and not inexpensive, but we do see the potential for Netflix to exceed Wall Street subscriber growth expectations and believe that concerns regarding competition and content costs are misplaced," Mitchelson wrote in a note to clients. He also noted that commentary around the success of Netflix's integration with Comcast Corp.'s X1 set top box is encouraging, leading to lower churn as more deals roll out. However, Mitchelson said a concern worth following is the potential for a newly Republican Federal Communication Commission to roll back, or otherwise eliminate net neutrality rules. Shares of Netflix have gained nearly 37% in the trailing 12-month period, while the S&P 500 index is up 19% during the same time frame.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
NBCUniversal invests $500 million in Snap's IPO
(Reuters) - Comcast Corp's NBCUniversal has invested $500 million in Snapchat owner Snap Inc , according to a memo on Friday, its latest move aimed at driving digital growth as more viewers go online for their favorite content.
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