36.46 0.00 (0.00%)
Pre-market: 7:44AM EST
|Bid||36.24 x 4100|
|Ask||36.46 x 500|
|Day's range||36.13 - 36.49|
|52-week range||34.01 - 42.18|
|PE ratio (TTM)||18.34|
|Earnings date||24 Jan. 2018 - 29 Jan. 2018|
|Forward dividend & yield||0.63 (1.73%)|
|1y target est||44.81|
Nov.21 -- David Balto, an antitrust lawyer and former FTC policy director, discusses the U.S. Justice Department's antitrust lawsuit to stop AT&T's proposed acquisition of Time Warner. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets."
Nov.17 -- Comcast Corp. and Verizon Communications Inc. have looked into acquiring a big portion of 21st Century Fox Inc., swooping in after talks to sell film and television assets to Walt Disney Co. cooled, according to people familiar with the matter. Bloomberg's Anousha Sakoui reports on "Bloomberg Technology."
The Federal Communications Commission is charging ahead with its plan to end “open internet” protections, referred to as net neutrality, that it says were unnecessarily heavy-handed regulations.
The entertainment giant already owns NBC, Universal Pictures, and more, while the payments company is selling its loan portfolio to Synchrony Financial.
Yesterday’s draft order by Federal Communications Commission chair Ajit Pai, which has sweeping implications, mostly good, for the telcos and cable MSOs, such as Comcast (CMCSA), and creepy implications for Netflix (NFLX) and other Internet darlings, is just begging to be reversed by the next FCC administration, maybe even sooner, writes long-time telecom analyst Craig Moffett. Moffett sees the document gutting “Net Neutrality” thoroughly, writing "Yesterday’s FCC Draft Order on Net Neutrality went much further than we ever could've imagined, in not only reversing Title II, but in dismantling virtually all of the important tenets of Net Neutrality itself." "One just can't help feeling that this is very temporary,” he concedes, "These changes will likely be so immensely unpopular that it would be shocking if they are allowed to stand for long." The order might be "so easily be reversed by the next (Democratic) FCC,” and it "seems to be all but begging for a future FCC reversal (re-reversal?).
Walt Disney’s (DIS) revenues of $12.8 billion declined 3.0% year-over-year and fell below the consensus estimate of $13.2 billion.
NEW YORK (AP) — The Trump administration's decision to oppose the $85 billion AT&T-Time Warner merger may be clouded by suspicions of political influence. But considered on its merits, it could mark a significant departure in antitrust policy, one that might block or modify a broader set of mergers found to harm consumers.
TiVo Corp. shares rallied in the extended session Tuesday after the digital video company won a federal patent ruling against Comcast Corp. . Shares of TiVo surged 6.8% to $18.85 after hours, while Comcast ...
TiVo Corp. rose after it won a key patent-infringement case against Comcast Corp. that could give the digital-recording pioneer a legal advantage in a prolonged royalty fight over the recording technology....
The U.S. Justice Department’s lawsuit to block AT&T Inc.’s purchase of Time Warner Inc. will be overseen by a federal judge who signed off on a similar deal: Comcast Corp.’s purchase of NBCUniversal.
NEW YORK (AP) — As Thanksgiving approaches, NBC can be thankful for another weekly ratings win, its second in a row.
The U.S. DOJ (Department of Justice) in its lawsuit complained that the AT&T Inc. (T)-Time Warner Inc. (TWX) merger will be harmful to American consumers.
Pledging to release in coming weeks a draft order about regulation of Internet traffic, Federal Communications Chairman Ajit Pai a short while ago said he intends to present to the Commissioners his “Restoring Internet Freedom Order” at a December 14th meeting of the Commission. Internet giants such as Netflix (NFLX), Google (GOOGL) and Amazon (AMZN), and telecom giants such as Comcast (CMCSA) and Verizon Communications (VZ) have for years been on opposing sides of the issue of “Net Neutrality,” involving guarantees of transmission of Internet content versus the rights of the telcos to control distribution pipes.
"We want to go to court as soon as possible," Dan Petrocelli says, following the Justice Department's suit to block the AT&T-Time Warner deal.
The net neutrality rules prevent internet service providers from meddling with the speed and accessibility of digital content.
PHILADELPHIA--(BUSINESSWIRE)-- Comcast, an official partner of the United States Olympic Committee (USOC), today announced partnerships with thirteen Team USA athletes who hope to represent their country at the Olympic and Paralympic Winter Games 2018. “We’re proud to support these incredible athletes for the Olympic and Paralympic Winter Games PyeongChang 2018,” said Matt Lederer, Executive Director of Partnership Marketing at Comcast.
Comcast faces a tough regulatory climate if it acquires a sizable part of 21st Century Fox Entertainment, an analyst says.
NEW YORK (AP) — Retailers and smaller U.S. companies jumped again Friday as they continued to report strong third-quarter results, but technology companies and other big U.S. corporations couldn't add to the previous day's gains.
According to CNBC, media and cable giant Comcast approached 21st Century Fox about potentially acquiring a good portion of its assets. And interestingly, Comcast would want to purchase the same bundle of assets that Disney had talked to Fox about earlier this year.
Shares of 21st Century Fox (FOXA) are up $1.12, or almost 4%, as rumors continue to swirl about multiple parties being interested in buying parts of the company. Yesterday afternoon came reports of Comcast (CMCSA) being interested in proprieties of Fox, following speculation last week about Walt Disney (DIS) being a bidder. CNBC’s David Faber a short while ago reported that talks between CNBC’s parent Comcast and Fox are ongoing, while talks with Disney are of a “low intensity.” As for Verizon, “It’s not clear there’s anything real there, in terms of real interest,” he said.