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Zacks News
Comcast Corporation is a global media and technology company with three primary businesses: Comcast Cable, NBCUniversal and Sky. The Philadelphia, PA-based company reported revenues of $108.94 billion in 2019. The company reports in three revenue generating segments: Cable Communications (53.3% of total revenues): It consists of the operations of Comcast Cable. This segment offers high-speed Internet, video, voice, and security and automation services in the United States individually and as bundled services at a discounted rate over its cable distribution system to residential and business customers.
Is Disney's Counter Bid Paving the Way for Media Consolidation?
by Ritujay Ghosh
Broadcasters are trying to expand their international presence and acquisition seems to be the best weapon.
Does Disney's Fox Deal Make It a Legit Netflix Competitor?
by Benjamin Rains
Disney (DIS) just announced its new $70 billion offer for an array of 21st Century Fox (FOXA) assets, outbidding both Comcast's (CMCSA) unsolicited deal and its initial offer. Disney's bid represents a large amount of money even for the historic entertainment giant, so let's take a quick look at the latest deal before we dive into why Disney wants it so badly.
Why You Should Buy Disney (DIS) Stock Right Now
by Benjamin Rains
Disney (DIS) upped the ante to $70 billion in cash and stock for key 21st Century Fox (FOXA) assets, one week after Comcast (CMCSA) outbid the company's initial offer. Shares of Disney jumped over 1% on Wednesday following the news, which means now is a good time to see if Disney stock is worth buying at the moment.
Canada Legalizes Pot, Disney Outbids Comcast, & Micron Set to Report | Free Lunch
by Ryan McQueeney
Ryan McQueeney discusses the latest in the battle between Disney (DIS) and Comcast (CMCSA) to win over 21st Century Fox (FOXA) assets. He also previews Micron's (MU) earnings report and discusses pot stocks like Cronos Group (CRON) in the wake of Canada's marijuana legalization vote.
Major Market News Ahead Of The Opening Bell
by Zacks Equity Research
Major Market News Ahead Of The Opening Bell
Disney (DIS) Ups Bid for Fox (FOXA) Assets: $38 per Share
by Mark Vickery
Reports are the offer would split the payout 50/50 between cash and stock. This outbids Comcast's (CMCSA) offer last week to pay $35 per share for Fox assets, all cash.
Why the North American World Cup Matters, Plus a Sports Betting Update
by Benjamin Rains
Welcome to the latest episode of the of the Full-Court Finance podcast from Zacks Investment Research. With the 2018 FIFA World Cup underway, Ben Rains dives into why it is so important that the 2026 World Cup is coming to North America. Rains then discusses all of the latest happenings in the sports betting world, as more companies get in on the action.
Media ETF (PBS) Hits New 52-Week High
by Sweta Killa
This media ETF hits a new 52-week high. Are more gains in store for this ETF?
Media Companies are Distraught, While Netflix Plays It Cool
by Nimah Quadri
Since AT&T (T) bought Time Warner (TWX) for $85 million, media companies all over the nation have spiraled into a manic frenzy over who will acquire what company next.
Biggest ETF Stories of This Week
by Sweta Killa
This week was an eventful one with some key developments dominating the headlines and influencing ETFs. Below we discuss some of these events.
Stock Market News For Jun 15, 2018
by Zacks Equity Research
On Thursday, Nasdaq Composite closed at record high level led by strong performance of media and telecom stocks
U.S. to Co-Host 2026 FIFA World Cup: Which Stocks Will Gain?
by Gourav Kanti Bagchi
The United States along with neighbors Canada and Mexico has clinched the opportunity to host the 2026 FIFA World Cup
Stock Market News For Jun 14, 2018
by Zacks Equity Research
U.S. stock markets ended in negative territory on Wednesday after the Federal Reserve announced its second rate hike for the year
Will Comcast Bid Make Disney Sweeten the Pot for Fox Assets?
by Zacks Equity Research
Disney (DIS) is likely to raise its offer for Fox's assets post Comcast's higher bid, given the significant synergies from the deal.
FIFA Frenzy Puts Spotlight on These Stocks and ETFs
by Sanghamitra Saha
These stocks and ETFs are likely to benefit from the FIFA World Cup.
AT&T-Time Warner, Media Stocks in Focus: NFLX, DIS, CMCSA | Free Lunch
by Ryan McQueeney
Ryan McQueeney discusses the AT&T-Time Warner merger in the immediate aftermath of a federal judge's decision to approve the deal. Ryan also explains why this will affect ongoing talks between Disney, Comcast, and Fox. Later, the host takes a closer look at Netflix after the video streaming company received its most bullish analyst call to date.
Here's Why Netflix (NFLX) Stock Is Surging Today
by Ryan McQueeney
Shares of Netflix (NFLX) moved nearly 2.5% higher in early morning trading Wednesday after the video streaming behemoth received its most bullish analyst call to date.
PPI Data, Fed Rate, Merger Deal And More
by Zacks Equity Research
PPI Data, Fed Rate, Merger Deal And More
Event Horizons Aplenty: PPI, Fed Rate, AT&T, TWX, CMCSA, FOXA
by Mark Vickery
Now that AT&T can merge with Time Warner and PPI came in hot, what's on the horizon for stock markets?
The Zacks Analyst Blog Highlights: AT&T, Verizon Communications, Comcast and Charter Communications
by Zacks Equity Research
The Zacks Analyst Blog Highlights: AT&T, Verizon Communications, Comcast and Charter Communications
Disney's Avengers: Infinity War Collects $2 Billion Globally
by Zacks Equity Research
Disney's (DIS) Avengers: Infinity War collects $2 billion, a feat only achieved by three other movies, namely Avatar, Titanic and Star Wars: The Force Awakens.
Farewell to Net Neutrality: Winners and Losers
by Nalak Das
Following the abandonment of Net Neutrality, the FCC's sole concern will be transparency of ISP practices by ensuring that consumers can buy service plans best suited to them.
KO, BUD & More to Score With World Cup Sponsorships
by Ritujay Ghosh
Sponsors are not hesitating to shell out generously on making their brands visible over the next 30 days.
The Zacks Analyst Blog Highlights: Amazon, Netflix, Twitter, Disney and Comcast
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amazon, Netflix, Twitter, Disney and Comcast
Here's How FIFA's World Cup Sponsors Have Performed on the Stock Market
by Benjamin Rains
The 2018 FIFA World Cup in Russia is less than a week away, with the first game between the host country and Saudi Arabia scheduled to kick off at 11 a.m. ET on Thursday, June 14 on Fox (FOXA). Now that World Cup fever has started to truly set in, let's take a look at how some of the biggest FIFA and World Cup sponsors have performed.