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Stock Market & Financial Investment News

News Breaks
November 3, 2009
14:41 EDTCMCSAEarnings Preview: Comcast's Q3 results may show slow subscriber growth
Comcast (CMCSA) is expected to report Q3 earnings Wednesday, November 4 before the market opens, with a conference call scheduled for 8:30 am ET. Analysts are looking for EPS of 25c on revenue of $8.85B. The consensus range is 22c-29c for EPS, and $8.73B-$8.95B for revenue, according to First Call. Positives for Comcast include a relatively stable revenue stream in a business that is some what immune from economic down turns. On November 2, Kaufman Bros. downgraded Comcast as it believes the company's Q3 subscriber metrics will indicate slower growth and that the NBCU deal creates uncertainty. The firm lowered its target on shares to $17 from $18.
News For CMCSA From The Last 14 Days
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December 22, 2014
15:50 EDTCMCSADISH files reply in support of petitions to deny Comcast-Time Warner Cable deal
DISH Network (DISH) announced it has filed its reply at the FCC to Comcast (CMCSA) and Time Warner Cable’s (TWC) opposition to the petitions to deny the companies' proposed merger, citing irreparable harm to competition and consumers, and no discernible benefits, from the proposed union of the first and second largest cable companies in the U.S. Jeff Blum, SVP and deputy general counsel for DISH, said, “More than 54% of the country's high-speed broadband connections would be controlled by the combined company, and all online video distributors would be at the mercy of Comcast-TWC.”
15:38 EDTCMCSAFCC stops clock on review of Time Warner Cable-Comcast merger
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15:19 EDTCMCSAComcast, Time Warner Cable merger delayed again by FCC, Bloomberg says
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06:22 EDTCMCSAHulu signs agreement with FX productions
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December 21, 2014
17:02 EDTCMCSADISH, Comcast's SportsNet work out pact in regional dispute, Reuters says
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December 17, 2014
11:09 EDTCMCSAFormer Hulu CEO gears up to launch Vessel, Re/code reports
Former Hulu CEO Jason Kilar is getting ready to launch a web video service called Vessel, which utilizes YouTube stars, Re/code reports. Reference Link
December 16, 2014
08:29 EDTCMCSAComcast to launch online live stream of NBC, WSJ reports
Comcast's (CMCSA) NBC is launching a live stream of its broadcast network online today and plans for it to be available on mobile platforms early next year, but NBC does not plan to sell a separate online version without requiring a pay-TV subscription, unlike peers CBS (CBS) and Time Warner’s (TWX) HBO, said The Wall Street Journal. Reference Link
06:46 EDTCMCSAComcast to allow Roku users to stream premium channels, Re/code says
Comcast reached a deal with set-top box company Roku that should allow its users to stream HBO and Showtime by authenticating subscriptions to their respective apps, reports Re/code.Reference Link
December 15, 2014
08:34 EDTCMCSANexstar announces long-term affiliation agreement with NBC Television Network
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December 11, 2014
06:24 EDTCMCSADISH plans to leave broadcast channels out of basic online TV package, WSJ says
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December 9, 2014
15:03 EDTCMCSADiscovery Communications rises after CEO sees outperforming U.S. peers
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11:11 EDTCMCSADiscovery, Hulu announce new distribution agreement
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06:48 EDTCMCSAAnalysts say Netflix undermining TV ad revenue, NY Times reports
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06:25 EDTCMCSAComcast, USA Network trialing 'Playing House' on-demand , WSJ reports
Comcast (CMCSA) is planning to make new episodes of the sitcom "Playing House" available first on its on-demand service and air them on the USA Network the following week, The Wall Street Journal reports. Reference Link

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