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Comcast Shares Tumble
Comcast Shares Tumble as Broadband-Subscriber Losses Widen
Comcast Corp. shares fell 11% to their lowest level in more than two years after the company reported broadband subscriber losses that exceeded expectations and said “intense” competition in that business would continue.
Comcast's steep broadband subscriber losses take shine off strong studio performance
Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.
Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses
The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 billion share buyback program.
15h
on MSN
Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint
Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of ...
29m
Comcast price target lowered to $44 from $47 at Citi
Citi analyst Michael Rollins lowered the firm’s price target on Comcast (CMCSA) to $44 from $47 and keeps a Buy rating on the shares. Comcast ...
12h
on MSN
Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details
Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.
1d
Comcast's new low-latency internet is literally game-changing, and these cities will get it first
Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...
39m
Comcast’s Growth Prospects Hampered by Broadband Challenges and Rising Competition, Says Analyst with Neutral Rating
J.P. Morgan analyst Sebastiano Petti has maintained their neutral stance on CMCSA stock, giving a Hold rating today.Invest with Confidence: ...
20h
Why Comcast (CMCSA) Stock Is Tumbling Today
Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet ...
1d
on MSN
Comcast reports earnings before the bell — here's what to expect
Wall Street will be paying attention to Comcast’s broadband, streaming and theme park businesses, as well as progress of the ...
35m
Comcast announces new $15B share repurchase authorization, increases dividend
Comcast (CMCSK) (CMCSA) announced that it increased its dividend by 8c, or 6.5% year-over-year, to $1.32 per share on an ...
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