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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.
Stock Market News for April 07, 2017
by Zacks Equity Research
Benchmarks finished in the green on Thursday, boosted primarily by energy shares following a rise in U.S. oil prices which closed at a nearly one-month high
Sprint (S) Unlimited Data to Cost Less: Will Investors Gain?
by Zacks Equity Research
Sprint (S) is sure to leave a mark on the booming wireless industry with the price cut for its unlimited data plans.
Comcast Unveils Wireless Plan: Competition to Intensify
by Zacks Equity Research
Comcast Corp. (CMCSA), the largest cable MSO (multi service operator) and media giant, declared plans for its much-hyped wireless venture.
Here's Why You Should Buy America Movil (AMX) Despite Risks
by Zacks Equity Research
America Movil's (AMX) continuous participation in spectrum auctions to deploy 4G LTE services and expand its 3G footprint is a strategic business move.
CBS Corporation Tops Rating Chart on March Madness Success
by Zacks Equity Research
In the previous week, CBS Corporation (CBS) topped the rating chart again fueled by "March Madness".
Zacks Industry Outlook Highlights: Verizon Communications, AT&T, Comcast and DISH Network
by Zacks Equity Research
Zacks Industry Outlook Highlights: Verizon Communications, AT&T, Comcast and DISH Network
FCC Drops Overbuild Requirement for Charter Communications
by Zacks Equity Research
Charter Communications Inc. (CHTR) received some respite after the FCC voted to reverse a stringent condition imposed by its previous regime under Obama administration.
IoT, Internet TV Give U.S. Telecom More Leeway to Grow
by Zacks Equity Research
IoT, which enables any physical electronic device with a valid IP-address to transfer data seamlessly over a wireless network, is quickly gaining significant market traction.
Stock Market News for April 03, 2017
by Zacks Equity Research
Benchmarks finished in the red on Friday, dragged down primarily by financials as investors remained focus on the upcoming corporate earnings reports to justify the market's lofty valuations
Will Comcast Xfinity Service be Appealing as a Prepaid Plan?
by Zacks Equity Research
Comcast (CMCSA) has decided to offer its Xfinity Internet Services as a prepaid plan called Xfinity Prepaid Internet Service to all its Xfinity users in its network.
U.S. Telecommunications Industry Outlook - April 2017
by Zacks Equity Research
Ever since Donald Trump's presidential victory, the stock prices of most of the major telecom stocks have enjoyed a bullish run in the market through the end of the first quarter of 2017.
Consumer Discretionary ETF (XLY) Hits New 52-Week High
by Sweta Killa
This consumer discretionary ETF hit a new 52-week high. Are more gains in store for this ETF?
3 Reasons Why BuzzFeed Might IPO in 2018
by Joseph Lu
"BuzzFeed plans its [insert year] IPO," has been a familiar headline for the New York-based media company since 2014. While BuzzFeed CEO Jonah Peretti has never confirmed going public, he has hinted in different instances about going public in the future.
Did Snap Win Gold With $75 Million NBC Winter Olympics Deal?
by Benjamin Rains
Snapchat's parent company Snap Inc. (SNAP) just landed a massive content deal with NBCUniversal for the 2018 Winter Olympics. But what does it mean for the struggling social media app?
Will Comcast Offer iPhone for Upcoming Wireless Venture?
by Zacks Equity Research
In Oct 2015, Comcast Corp. (CMCSA) had inked a deal with U.S. telecom behemoth Verizon Communications Inc. (VZ) to become an MVNO (mobile virtual network operator) and offer wireless services.
Amazon Inks Deal to Acquire Souq.com: 2 ETFs in Focus
by Zacks Equity Research
Amazon enters the Middle East market with its acquisition deal of Souq.com
Comcast's (CMCSA) Online TV Services & 5G Plans Bode Well
by Zacks Equity Research
Comcast (CMCSA) is currently working towards the deployment of 5G network.
Is Comcast Planning to Relaunch TV Streaming?
by Zacks Equity Research
According to Reuters, Comcast Corp. (CMCSA) is considering a strategic decision to rebrand its existing TV streaming service, Stream, to make it available across its footprint.
Will Disney's Beauty and the Beast Enter $1 Billion Club?
by Zacks Equity Research
The Walt Disney Company's (DIS) live-action remake "Beauty and the Beast" topped the charts with domestic second weekend collections of $88.3 million.
Will Comcast (CMCSA) Offer Nationwide Online TV Services?
by Zacks Equity Research
Comcast (CMCSA) has gained the rights to offer online TV services nationwide, from several unnamed cable networks.
Disney Shines Under CEO Iger, Contract Extended to 2019
by Zacks Equity Research
Ever since Iger's appointment as CEO in 2005, Disney has scaled new heights and emerged as the world leader in the entertainment industry.
CenturyLink a Step Closer to Buying Level 3 Communications
by Zacks Equity Research
CenturyLink Inc. (CTL) and Level 3 Communications Inc. (LVLT) moved a step closer to completing their proposed merger amid overwhelming approval of the shareholders of both companies.
Cable MSOs Maintain Lead in High-Speed Broadband Market
by Zacks Equity Research
Per a recent report by Leichtman Research Group Inc., the cable MSOs in the U.S. have successfully maintained their lead over telecom operators in the high-speed broadband (Internet) market.
Disney's Beauty and the Beast Scales New Highs at Box Office
by Zacks Equity Research
The Walt Disney Company's (DIS) live-action remake "Beauty and the Beast" has made a great start in domestic market, with an impressive $170 million collection in the opening weekend.
BCE's Subsidiary Acquires MTS for $3.9B, Unveils Bell MTS
by Zacks Equity Research
Following the acquisition of MTS, BCE's (BCE) subsidiary Bell Canada launched Bell MTS on Mar 17, 2017.