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Stock Market & Financial Investment News

News Breaks
September 19, 2012
10:32 EDTARRS, CMCSAArris sinks after analyst highlights loss of Comcast business
Communications technology company Arris (ARRS) is retreating after Jefferies analyst James Kisner wrote in a note to investors that his sources indicated Comcast's (CMCSA) latest Xfinity Wireless Gateway product was made by Technicolor. The analyst's sources had previously indicated that Arris provided all of Comcast's Wi-Fi terminal adaptors. While Kisner expected Arris to eventually lose some of the Comcast business, the design win by Technicolor happened sooner than he had anticipated. Nonetheless, Kisner still sees significant earnings upside potential for Arris in 2013 and kept a Buy rating on the stock. In mid-morning trading, Arris fell 44c, or 3.14%, to $13.58.
News For ARRS;CMCSA From The Last 14 Days
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June 17, 2013
06:53 EDTCMCSAComcast upgraded to Strong Buy from Outperform at Raymond James
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June 13, 2013
06:40 EDTCMCSACable companies looking to derail Intel broadcast bid, NY Times says
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June 12, 2013
19:59 EDTCMCSANews Corp.'s Fox to take in less ad revenue, WSJ reports
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June 11, 2013
07:39 EDTCMCSANeedham to host meetings at The Cable Show
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June 10, 2013
07:43 EDTCMCSA'The Purge' takes in $36M, beats 'Internship' at box office, Bloomberg says
Comcast's (CMCSA) horror film "The Purge" sold $36.4M in tickets this past weekend and unexpectedly surpassed News Corp.'s (NWSA) "The Internship," which grossed $18.1M, reported Bloomberg, citing Hollywood.com data. Reference Link
07:09 EDTCMCSACableWiFi Alliance says combined WiFi network now over 150K hotspots
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07:07 EDTCMCSAComcast to create millions of WiFi access points in ‘Neighborhood Hotspot’ plan
Comcast announced plans to create millions of WiFi access points for its customers through a neighborhood hotspot initiative. Comcast is beginning to give its Xfinity Internet customers an additional “xfinitywifi” signal in their home, at no additional cost, that is completely separate and distinct from the family’s private and secure home WiFi signal, the company said.
June 6, 2013
11:26 EDTCMCSAComcast, OSRAM SYLVANIA to bring remote controlled smart light to Xfinity
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06:39 EDTCMCSAAT&T in discussions to join Chernin Group for Hulu bid, AllThingsD reports
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