Disney 'unlikely' to sell Hulu, says Wells Fargo
By Michael Elkins Wells Fargo reiterated an Overweight rating and $141.00 price target on Disney (NYSE:DIS) after examining rumors that the media company is being encouraged to sell...
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Comcast News & Analysis
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Walt Disney 'may sell 67% stake in Hulu' - Citi
By Sam Boughedda Citi believes Walt Disney (NYSE:DIS) may sell its 67% stake in Hulu, analysts revealed on Thursday. The analysts also said, in parallel, they suspect Disney may secure...
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MultiChoice announces a massive new streaming service in partnership with Comcast
Streaming isn’t as great as it could be in Africa. Sure, we’ve got the big hitters like Netflix, Amazon Prime, MultiChoice’s Showmax and the abhorrent Disney+ app in South Africa. But...
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MultiChoice’s big Showmax streaming JV with Comcast’s NBCUniversal and Sky
New bigger Showmax Africa service and offering to be jointly owned on a 70/30 basis.
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MultiChoice signs agreement with Comcast to create streaming service
Source: [[www.unsplash.com]]MultiChoice Group announced on Thursday that it had partnered with US-based media company Comcast to create a pan-African video streaming service.Read more... |...
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S.Africa’s MultiChoice and Comcast to create Africa-wide streaming service
JOHANNESBURG (Reuters) -Africa’s biggest pay TV company, MultiChoice Group, said on Thursday it had entered into an agreement with U.S.-based media conglomerate Comcast to create a...
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Multichoice is launching a new mega streaming service with Comcast
Multichoice is partnering with Comcast to launch a new streaming service - which will completely restructure Showmax.
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Multichoice is launching new mega streaming service with Comcast
Multichoice is partnering with Comcast to launch a new streaming service - which will completely restructure Showmax.
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DStv-owner MultiChoice announces massive streaming video deal
MultiChoice has effectively sold a 30% stake in Showmax to a US broadcasting giant.
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BofA expects Apple and Amazon to bid for NBA rights, total contract value seen at $50-75B
By Senad Karaahmetovic Bank of America analysts weighed in on the discussion pertaining to the NBA rights package with the current contract concluding in 2025. The analysts expect to see...
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Comcast takes advantage of AI rally to sell more BuzzFeed shares
(Reuters) - Comcast Corp (NASDAQ:CMCSA) has cut its stake in BuzzFeed Inc by 8.5% since the end of January, cashing in on a rally in the shares of the digital media...
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: Comcast further trims its BuzzFeed position amid AI frenzy
Comcast further pruned its stake in BuzzFeed Inc. in recent days, though to a smaller degree than with past stock sales.
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Peacock streaming service has been free for Comcast subscribers for years. That's about to end..
The free ride is stopping—and soon.
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Comcast customers around Philadelphia unable to watch Super Bowl due to cable outage
According to the Philadelphia Inquirer, the line was evidently cut deliberately and police were aware of the situation.
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: Comcast continues to unload BuzzFeed stake after huge stock surge
Comcast Corp. unloaded even more of its BuzzFeed Inc. stake in recent days, capitalizing on a surging share price for the publishing company.
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Comcast Cuts Stake in BuzzFeed (BZFD)
Comcast has disclosed ownership of almost 20% of BuzzFeed Class A shares.
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: Comcast sells nearly 6 million shares of its Buzzfeed stake amid sharp rally
Comcast has sold part of its stake in Buzzfeed, which has seen its shares surge in recent days amid enthusiasm for the publisher's AI efforts.
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In case you missed it, 7 big dividend hikes: Halliburton, United Rentals
By Davit Kirakosyan Investing.com -- Here are the biggest fresh dividend hikes and initiations, as first covered on InvestingPro. Halliburton (NYSE:HAL) hiked its dividend by 33.3% to $0.16...
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U.S. futures mostly point higher ahead of crucial U.S. GDP data
By Scott Kanowsky Investing.com -- Wall Street futures mostly gained on Thursday as investors looked ahead to the release of key U.S. economic data and examined a fresh set of corporate...
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Comcast Tops Q4 EPS by 4c
Comcast (CMCSA) reported Q4 EPS of $0.82, $0.04 better than the analyst estimate of $0.78. Revenue for the quarter came in at $30.55 billion versus the consensus estimate of $30.36...
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Comcast earnings beat by $0.04, revenue topped estimates
Investing.com - Comcast (NASDAQ: CMCSA) reported fourth quarter EPS of $0.82, $0.04 better than the analyst estimate of $0.78. Revenue for the quarter came in at $30.55B versus the consensus...
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Netflix bids for sports streaming rights, explores investing in small leagues - WSJ
By Sam Boughedda Netflix (NASDAQ:NFLX) is coming around to the idea of streaming live sports on its platform, according to a report by The Wall Street Journal on Tuesday. However, they...
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Bulls on Meta Stock Have One Big Problem: Mark Zuckerberg
(Bloomberg) -- Mark Zuckerberg built Meta Platforms Inc. into one of the biggest companies in the world, but some investors now see him as an obstacle to the stock recovering from a historic...
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Today's Most Important Buybacks
By Davit Kirakosyan Baker Hughes (NASDAQ:BKR) announced today that its Board of Directors declared an increased quarterly cash dividend of $0.19 per share on its Class A common stock....
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Comcast Gains After Strong Earnings, Buyback; Analyst Says Broadband Pain is Not Over
By Senad Karaahmetovic Comcast (NASDAQ:CMCSA) posted better-than-expected Q3 earnings to send its shares over 5% higher in Thursday trading. The company reported a Q3 {{erl-6516||EPS of...
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Comcast Earnings, Revenue beat In Q3
Investing.com - Comcast (NASDAQ:CMCSA) reported on Thursday third quarter {{erl-6516||earnings that beat analysts' forecasts and revenue that topped expectations. Comcast announced...
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Comcast Tops Q3 EPS by 6c
Comcast (CMCSA) reported Q3 EPS of $0.96, $0.06 better than the analyst estimate of $0.90. Revenue for the quarter came in at $29.85 billion versus the consensus estimate of $29.75...
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Today’s Important Price Target Changes
By Davit Kirakosyan Wedbush raised the price target on Roblox Corp (NYSE:RBLX) to $36.00 from $34.00 while maintaining a Neutral rating. Shares surged nearly 20% today after the company...
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Today's Most Important Upgrades
By Davit Kirakosyan Altice USA Inc (NYSE:ATUS) shares were trading more than 3% higher intra-day today after Citi upgraded the company to Buy from Neutral with a price target of $8.00....
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Comcast Upgraded at Citi - Sees Plans to Improve Shareholder Value
By Sam Boughedda Citi upgraded shares of Comcast (NASDAQ:CMCSA) to Buy from Neutral, with its price target cut to $36 from $42 per share. Analysts there said in a note on U.S. cable stocks...
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Cable Stocks to Have Very Little Growth, if Any - Barclays
By Sam Boughedda A Barclays analyst said in a note on Thursday that it is not surprising to see the underperformance of cable stocks. The analyst explained that the firm feels cable stocks...
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4 Rumors Making Waves on Wall Street Today
By Investing.com Staff Even as stocks struggle for signs of life ahead of tomorrow’s Fed rate decision, rumors continue to drive market action on Wall Street. Below are four rumors floated...
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4 Companies That Announced Share Repurchase Plans Today
By Davit Kirakosyan Johnson & Johnson (NYSE:JNJ) made an announcement today, according to which its board of directors has authorized the repurchase of up to $5 billion of the company's...
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Comcast Executives Reportedly Continue to Expect Disney to Buy All of Hulu: CNBC
By Yasin Ebrahim Investing.com -- Comcast (NASDAQ:CMCSA) reportedly continues to expect Disney to stick with its agreement and acquire the remaining 33% stake it doesn't own in...
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NBC Considering Lowering the Number of Prime Time Programming Hours - WSJ
By Sam Boughedda According to The Wall Street Journal, Comcast (NASDAQ:CMCSA) subsidiary NBC is reportedly considering whether to lower the number of hours it programs in prime time. The...
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Electronic Arts Surges, Then Slumps on Amazon Takeover Rumors
By Investing.com Staff Electronic Arts (NASDAQ:EA) is back in the rumor mill Friday, with shares surging more than 14% at one point in pre-open trading Friday on rumors Amazon (NASDAQ:AMZN)...
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Atlantic Cuts Comcast and Charter to Neutral on Lack of Catalysts
By Senad Karaahmetovic An Atlantic Equities analyst downgraded both Comcast (NASDAQ:CMCSA) and Charter (NASDAQ:CHTR) to Neutral. The analyst outlined the three key reasons why he moved to...
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Walmart Could Add a Streaming Service to its Membership Program - NYT
By Sam Boughedda Investing.com - Walmart (NYSE:WMT) is reportedly exploring the option of adding a streaming service to its Walmart+ membership program. According to a report by The New York...
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Pre-Open Movers: Romeo Power, EVO Payments Jump on Buyouts; Boeing Gains as FAA Clears Inspections
Pre-Open Stock Movers: Mobile Global Esports Inc (NASDAQ:MGAM) 48% HIGHER; sees continued momentum after Friday's IPO. Romeo Power Inc (NYSE:RMO) 22% HIGHER; Nikola Corporation, and Romeo...
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Comcast Extends Selloff as Three Analysts Downgrade on Slowing Growth
By Senad Karaahmetovic Comcast shares (NASDAQ:CMCSA) are down over 1% in premarket Friday after dipping more than 7% a day earlier, following the weak {{erl-6516||Q2 results. Slowing weak...
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Comcast Tumbles as Customer Growth Faces 'Incremental Headwinds'
By Sam Boughedda Comcast (NASDAQ:CMCSA) shares are down more than 8% Thursday following the company's earnings release before the open. Comcast {{erl-6516||topped expectations, posting...
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Meta Platforms, Comcast, Best Buy Fall Premarket; Ford, Etsy Rise
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, July 28th. Please refresh for updates. Meta Platforms (NASDAQ:META) stock fell 4% after the Facebook-owner...
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Comcast Tops Q2 EPS by 9c
Comcast (CMCSA) reported Q2 EPS of $1.01, $0.09 better than the analyst estimate of $0.92. Revenue for the quarter came in at $30.02 billion versus the consensus estimate of $29.89...
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Comcast Earnings, Revenue beat In Q2
Investing.com - Comcast (NASDAQ:CMCSA) reported on Thursday second quarter {{erl-6516||earnings that beat analysts' forecasts and revenue that topped expectations. Comcast announced...
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Dow Futures Tick Lower, Meta Dips 4.5% After Earnings
By Oliver Gray Investing.com - U.S. stock futures moved slightly lower in overnight trading after major benchmark averages lifted during Wednesday's session as Federal Reserve policymakers...
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Top 5 Things to Watch in Markets in the Week Ahead - Fed Rate Hike, Earnings Flood
By Daniel Shvartsman Investing.com - Central Banks and earnings will continue to dominate the week ahead. After the European Central Bank announced an unexpectedly hawkish 50 basis point...
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Here's Why Needham Believes Ad Partnership with Microsoft is 'Bad for Netflix'
By Senad Karaahmetovic Wall Street analysts reflected today on Netflix’s (NASDAQ:NFLX) ad partnership with Microsoft (NASDAQ:MSFT). The streaming giant said MSFT “offered the flexibility to...
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Netflix Steps up Search for Ad Tier Executive - WSJ
By Sam Boughedda Netflix (NASDAQ:NFLX) is looking for an executive to head up the creation of its ad-supported tier service, The Wall Street Journal said Monday. The report stated, citing...
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