Telecom Stock Roundup: FCC to Vote on 5G Spectrum Rule in July, Verizon Focuses on Connected Vehicle Market
Zacks Equity Research - Zacks Investment Research - Thu Jun 23, 9:39AM CDT
The telecom industry experienced a good run on the bourses last week as all key stocks traded in the green.
AMZN: 722.08 (+11.48), LBTYA: 33.14 (+0.96), IBM: 155.35 (+2.43), GOOGL: 714.87 (+4.40), MSFT: 51.91 (+0.92), VOD: 32.47 (+0.45), CMCSA: 62.95 (+0.31), TRCO: 39.42 (+1.08), VZ: 54.67 (+0.64), CTL: 28.52 (+0.60), DISH: 53.50 (+0.85)
Is Comcast Mulling to Partially Acquire Icontrol Networks? (revised)
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 10:41AM CDT
Media company Comcast Corp. (CMCSA) is seriously thinking of acquiring certain useful assets of Icontrol Networks Inc., a major developer of smart-home products.
RCI: 40.21 (+0.29), CHTR: 224.87 (+2.48), CMCSA: 62.95 (+0.31), CVC: 34.87 (-0.01)
NBCUniversal's DreamWorks Animation Bid Gets DoJ Nod
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:09AM CDT
As per a recent Bloomberg report, Comcast (CMCSA)-owned NBCUniversal revealed that its acquisition proposal for DreamWorks Animation (DWA) has received a go-ahead from the U.S. Department of Justice (DoJ)
DIS: 99.02 (+0.23), DWA: 40.78 (+0.03), VIAB: 43.47 (-0.56), CMCSA: 62.95 (+0.31)
Comcast Business Announces More Than $9 Million Investment to Expand High-Performance Gigabit Ethernet Network in Virginia
PR Newswire - Wed Jun 22, 9:00AM CDT
Comcast Business today announced it will invest more than $9 million over the next year in a major expansion of its fiber-based network in diverse areas across Virginia, reaching more than 3,000 businesses. Capable of delivering up to 100 Gigabits-per-second (Gbps) of network capacity in most areas, the fiber optic Ethernet network expansion will support advanced services and give the company the ability to bring new customers, ranging from small and medium-sized organizations to large enterprises, online more quickly.
CMCSA: 62.95 (+0.31)
NBA Finals a boon to ABC, not just Cleveland
By DAVID BAUDER - AP - Tue Jun 21, 2:05PM CDT
NEW YORK (AP) — It's not just the city of Cleveland that's happy with LeBron James and his comeback Cavaliers.
DIS: 99.02 (+0.23), CMCSK: 58.00 (-1.69), CBS.A: 57.00 (-0.14), CMCSA: 62.95 (+0.31), CBS: 53.69 (+0.04)
Will Disney (DIS) Stock Weave its Old Magic Once Again?
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 8:42AM CDT
The Walt Disney Company's (DIS) tremendous growth rate of 150% in the past five years was undone as shares of this media giant underperformed over the past one-year period.
FOXA: 29.20 (+0.28), DIS: 99.02 (+0.23), CMCSA: 62.95 (+0.31), TWX: 73.05 (+0.61)
Verizon (VZ) Asked to Alter FiOS Advertisement by NARB
Zacks Equity Research - Zacks Investment Research - Tue Jun 21, 7:58AM CDT
Verizon Communications' (VZ) claims of providing the highest Internet speeds in the industry were recently questioned by the National Advertising Review Board (NARB).
T: 41.88 (+0.58), CMCSA: 62.95 (+0.31), VZ: 54.67 (+0.64), CVC: 34.87 (-0.01)
"Finding Dory" breaks record for opening of animated film
AP - Mon Jun 20, 4:44PM CDT
LOS ANGELES (AP) — "Finding Dory" is officially the record holder for top animated opening of all time in North American theaters, unseating "Shrek The Third."
VIA: 48.15 (-0.71), LGF: 21.75 (+1.20), AMCX: 59.21 (+0.72), DIS: 99.02 (+0.23), SNE: 29.00 (+0.39), CMCSK: 58.00 (-1.69), VIAB: 43.47 (-0.56), CMCSA: 62.95 (+0.31), TWX: 73.05 (+0.61)
DISH Network (DISH) Customers Face NFL Network Blackout
Zacks Equity Research - Zacks Investment Research - Mon Jun 20, 8:14AM CDT
Subscribers of DISH Network (DISH) are facing another blackout, this time from NFL Networks
T: 41.88 (+0.58), CMCSA: 62.95 (+0.31), DISH: 53.50 (+0.85), TV: 26.58 (+0.45)
'Finding Dory' blows animation record out of the water
By LINDSEY BAHR - AP - Sun Jun 19, 5:26PM CDT
LOS ANGELES (AP) — The forgetful blue fish of "Finding Dory" is box office gold.
VIA: 48.15 (-0.71), LGF: 21.75 (+1.20), AMCX: 59.21 (+0.72), SNE: 29.00 (+0.39), DIS: 99.02 (+0.23), CMCSK: 58.00 (-1.69), VIAB: 43.47 (-0.56), CMCSA: 62.95 (+0.31), TWX: 73.05 (+0.61)
Your Complete Guide to All the Things Owned by Disney
Madeleine Johnson - Zacks Investment Research - Thu Jun 16, 11:52AM CDT
The Walt Disney Company (DIS) is one of the biggest media and entertainment corporations in the world. So what companies, exactly, does Disney operate? Here's a breakdown of the companies by industry that the media conglomerate owns.
FOXA: 29.20 (+0.28), DIS: 99.02 (+0.23), CMCSA: 62.95 (+0.31)
Comcast to Renew Shrek Franchise, Make More Movies
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:30AM CDT
Comcast announces plans to make more Shrek movies.
CABO: 509.01 (+6.47), DIS: 99.02 (+0.23), CMCSA: 62.95 (+0.31), CVC: 34.87 (-0.01)
Telecom Stock Roundup: FCC Wins Appeal Court Verdict on Net Neutrality, Yahoo Takeover Race Heats Up
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 8:54AM CDT
The last week looked like a bad spell for the telecom sector as most of the major telecom stocks lost value.
T: 41.88 (+0.58), YHOO: 37.78 (+0.42), VIAB: 43.47 (-0.56), AAPL: 96.10 (+0.55), CMCSA: 62.95 (+0.31), VZ: 54.67 (+0.64), CTL: 28.52 (+0.60), DISH: 53.50 (+0.85)
FCC Wins First Round of Legal Battle on Net Neutrality Rules
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 2:27PM CDT
In a landmark judgement yesterday, the federal appeals court in Washington D.C. upheld the net neutrality rules proposed by the FCC (Federal Communications Commission).
T: 41.88 (+0.58), CMCSA: 62.95 (+0.31), VZ: 54.67 (+0.64), CTL: 28.52 (+0.60)
Comcast to Host Second Quarter 2016 Earnings Conference Call
BusinessWire - Wed Jun 15, 12:00PM CDT
Comcast Corporation will host a conference call with the financial community to discuss financial results for the second quarter on Wednesday, July 27, 2016 at 8:30 a.m. Eastern Time (ET). Comcast will issue a press release reporting its results earlier that morning.
CMCSA: 62.95 (+0.31)
Comcast's Growth Initiatives Bode Well, Competition a Woe
Zacks Equity Research - Zacks Investment Research - Wed Jun 15, 8:32AM CDT
Comcast (CMCSA) started deploying fiber-based 2 gigabits per second (2 Gbps) residential broadband Internet services across certain regions
NFLX: 91.66 (+1.65), T: 41.88 (+0.58), CHTR: 224.87 (+2.48), CMCSA: 62.95 (+0.31)
Xfinity On Demand Top 20 TV for the Week of May 30 - June 5
BusinessWire - Tue Jun 14, 2:58PM CDT
The top 20 TV episodes on Xfinity On Demand that premiered during the week of May 30 - June 5 were:
CMCSA: 62.95 (+0.31)
'Net neutrality' rules for fair internet access win in court
By SAM HANANEL AND TALI ARBEL - AP - Tue Jun 14, 2:50PM CDT
WASHINGTON (AP) — A federal appeals court on Tuesday upheld the government's "net neutrality" rules, preserving regulations that force internet providers such as Comcast and AT&T to treat all online traffic — everything from Netflix and cat videos to games and downloads — equally.
NFLX: 91.66 (+1.65), T: 41.88 (+0.58), CMCSK: 58.00 (-1.69), VZ: 54.67 (+0.64), CMCSA: 62.95 (+0.31)
B-ball, 'The Bachelorette' help ABC to week's rating win
By FRAZIER MOORE - AP - Tue Jun 14, 12:14PM CDT
NEW YORK (AP) — Basketball and "The Bachelorette" helped propel ABC to a ratings win last week, while the Tony awards, "60 Minutes" and scripted reruns kept runner-up CBS represented in the Top 10 Programs roster.
DIS: 99.02 (+0.23), CMCSK: 58.00 (-1.69), CBS.A: 57.00 (-0.14), CMCSA: 62.95 (+0.31), CBS: 53.69 (+0.04)
Is Comcast Mulling to Partially Acquire Icontrol Networks?
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 10:20AM CDT
According to a recent report by Light Reading, Comcast Corp. (CMCSA) is seriously thinking of acquiring certain useful assets of Icontrol Networks Inc.
RCI: 40.21 (+0.29), CHTR: 224.87 (+2.48), CMCSA: 62.95 (+0.31), CVC: 34.87 (-0.01)