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Analyst Green-Lights Comcast Spinoff: How CMCSA's Restructure Plan Could Unlock Significant Shareholder Value
Thursday, November 21, 2024 - 9:27am | 875Analysts are seeing Comcast Corp‘s (NASDAQ:CMCSA) plan to restructure its media empire as a positive for investors. Craig Moffett, the senior managing director at MoffettNathanson has said that “investors have yearned for this” and carving off the cable television business will be...
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UPDATE: Brean Capital Reiterates on Comcast Following Strong 4Q13 Results
Wednesday, January 29, 2014 - 9:43am | 150In a report published Tuesday, Brean Capital Analyst Todd Mitchell reiterates a Buy rating on Comcast (NASDAQ: CMCSA) and maintains the same price target at $63. Some of the better-than-expected results were from NBC Universal. Comcast is anticipated to outperform in the cable industry with the...
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Clearwire Tells Shareholders to Take Dish Offer
Thursday, June 13, 2013 - 7:46am | 575Dish Network (NASDAQ: DISH) means business. The company showed that when it trumped Sprint Nextel’s (NYSE: S) offer of $3.40 a share for Clearwire (NASDAQ: CLWR) stock with a tender offer of $4.40 a share. In response now, according to Reuters, Clearwire told shareholders Wednesday to vote...
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Get on Disney World Rides Faster - Hire the Handicapped
Friday, May 17, 2013 - 1:41pm | 775Some stuff you just can’t make up. The New York Post ran a story Tuesday about wealthy Manhattan moms who are escaping the long lines at The Walt Disney Co.’s (NASDAQ: DIS) Disney World by hiring disabled people to pose as family members. The Post story said rich moms with impatient kids hire...
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Upfront Network Television Advertising Rate Hikes Could Be Better
Monday, May 13, 2013 - 11:52am | 705The good news is that U.S. television broadcast networks, namely The Walt Disney Co.'s (NYSE: DIS) ABC, CBS (NYSE: CBS), News Corp.’s (NASDAQ: NWSA) Fox, and Comcast’s (NASDAQ: CMCSA) NBC, can expect advertising rate hikes of about six percent this week during the start of the important “upfront...
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ESPN Wants to Subsidize Smartphone Data Plans
Friday, May 10, 2013 - 12:13pm | 564Is this awesome or what? ESPN, aka, “The Worldwide Leader in Sports” wants to help pay for smartphone users’ monthly data plans. The plan isn’t really a plan and no actual number crunching has taken place yet, but sentiment counts for something, right? The point, according to The Wall Street...
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Look Out Old School Channels, The Internet Networks are Here!
Thursday, February 28, 2013 - 2:46pm | 588Original programming isn’t just for network television or cable anymore! Internet streamer, Netflix (NASDAQ: NFLX) now has a hit original series, House of Cards. According to estimates, the company spent as much as $50 million on the first 13 episodes. Amazon (NASDAQ: AMZN) is taking a slightly...
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Morgan Stanley Raises PT On Comcast To $28
Tuesday, June 28, 2011 - 6:47am | 27Morgan Stanley has raised the price target on Comcast Corporation (NASDAQ: CMCSA) from $27 to $28 and maintains its Equal-weight rating.
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Wunderlich Securities Provides Color on Comcast Corporation, Buy
Monday, June 6, 2011 - 8:25am | 131Wunderlich Securities provided color on Comcast Corporation (NASDAQ: CMCSA) ahead of the bidding for the TV coverage of the 2014 Winter Games in Sochi, Russia, and 2016 Summer Games in Rio de Janeiro, Brazil. Comcast is making a joint bid with NBC Universal. In a research report published today,...
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Oppenheimer Raises Targets On CMCSA And PCS
Thursday, January 6, 2011 - 8:54am | 33Oppenheimer is raising its price targets for Comcast Corporation (NASDAQ: CMCSA) and MetroPCS Communications, Inc. (NYSE: PCS).
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Court Upholds FCC Extension Of Content Access Rule (CMCSA) (DTV) (VZ)
Friday, March 12, 2010 - 4:42pm | 136A federal appeals court upheld a Federal Communications Commission rule that forces cable companies to make the programming from properties that they own available to rivals on equal terms. The FCC banned cable companies like Comcast Corporation (NASDAQ: CMCSA) from entering into exclusive deals...
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Clearwire (CLWR) Beats Wall Street Revenue Expectations
Wednesday, February 24, 2010 - 9:52am | 119Clearwire Corporation (Nasdaq: CLWR) reported a 4th quarter loss of $98.7 million, or 55 cents per share, compared with a pro forma loss of $90.4 million, or 47 cents per share, a year earlier. Revenue increased from from $59.7 million to $79.9 million, beating the Wall Street average estimate of $...
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Comcast Corporation's (CMCSA) (CMCSK) Broadcast Shows To Remain Free Online
Thursday, February 4, 2010 - 1:35pm | 79Comcast Corporation (Nasdaq: CMCSA) (Nasdaq: CMCSK) announced that broadcast shows would remain free. Comcast Corporation Chairman Brian Roberts was before a House Subcommittee when he said that a Comcast-controlled NBC Universal would not move "over-the-air" broadcast programming to a TV...