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Stock Market & Financial Investment News

News Breaks
February 12, 2013
16:36 EDTCMCSAComcast increasing dividend 20% to 78c on annualized basis
Comcast announced that it increased its dividend by 20% to 78c per share on an annualized basis. In accordance with the increase, the Board of Directors declared a quarterly cash dividend of 19.5c a share on the companyís common stock, payable on April 24 to shareholders of record as of the close of business on April 3.
News For CMCSA From The Last 14 Days
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March 30, 2015
08:48 EDTCMCSAMadison Square may sell regional sports networks to Comcast, Fox, NY Post says
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08:22 EDTCMCSAComcast presents new arguments in Time Warner Cable merger case, NY Post says
Comcast (CMCSA, CMCSK) told regulators this week that its potential merger with Time Warner Cable (TWC) will not substantially affect its national broadband marketshare under recently changed FCC rules, reports the New York Post, citing sources. The move follows a ruling that establishes a heightened minimum download speed to qualify a service as "broadband," which now means that Time Warner Cable does not technically offer broadband in many markets. An antitrust lawyer working against the merger said, "Thatís grasping at straws." Reference Link
07:36 EDTCMCSAConcerns over Comcast deal overdone, says Wells Fargo
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March 26, 2015
08:08 EDTCMCSATime Warner Cable standalone value $172 per share, says Wunderlich
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March 25, 2015
15:33 EDTCMCSACPUC vote on Comcast deal pushed out to May 7, LA Times reports
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11:44 EDTCMCSAComcast says review of Time Warner Cable merger to conclude by midyear
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10:29 EDTCMCSADISH Chairman Ergen says Comcast, TWC merger should be blocked
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06:54 EDTCMCSAPotential YouTube competitor launches, Variety says
Digital subscription video start-up Vessel, which is looking to compete with Google's (GOOG) YouTube, launched yesterday, according to Variety. Vessel was founded by Jason Kilar, the founding CEO of Hulu, the magazine stated. Disney (DIS), 20th Century Fox (FOX, FOXA), and Comcast (CMCSA) own stakes in Hulu. Reference Link
March 24, 2015
08:19 EDTCMCSATime Warner Cable expected to write down Dodgers deal by up to $1B, NY Post says
Time Warner Cable (TWC) is expected to write down the value of its LA Dodgers distribution rights by up to $1B, reports the New York Post, citing sources. The writedown may be a requirement before any deal with Comcast (CMCSA, CMCSK) can be made, suggested one of the sources. Reference Link
07:52 EDTCMCSAComcast management to meet with Deutsche Bank
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March 20, 2015
12:32 EDTCMCSAMadison Square Garden names Sharon Otterman as Chief Marketing Officer
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09:59 EDTCMCSACharter may have interest in Cablevision 'at some point,' says Detwiler
Detwiler Fenton believes there is truth to last week's reports of Charter (CHTR) being in talks to acquire Bright House Networks. In addition, the firm says its checks indicate Charter may have interest in buying Suddenlink Communications and Cablevision (CVC) "at some point" as a part of a lager acquisition strategy. Detwiler adds Charter's potential deal strategy assumes Comcast's (CMCSA) bid for Time Warner (TWC) wins regulatory approval. Should the deal not get approved, Detwiler believes Charter will turn its attention back to Time Warner.
08:13 EDTCMCSACanada to 'unbundle' cable TV offerings by December 2016
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06:36 EDTCMCSAWeb TV companies ask internet providers for special treatment, WSJ says
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March 19, 2015
07:04 EDTCMCSAAmerican Express confirms plans to launch Plenti loyalty program
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March 18, 2015
12:09 EDTCMCSASony announces launch of PlayStation Vue in New York, Chicago, Philadelphia
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09:23 EDTCMCSAVerizon may launch mobile TV service as soon as June, Bloomberg says
Verizon (VZ) has secured mobile television streaming rights with Viacom (VIA, VIAB) and DreamWorks Animation (DWA) and plans to start a mobile video streaming service as early as June, according to Bloomberg, citing a person familiar with the matter. Verizon plans to have programming from ABC (DIS), NBC (CMCSA), CBS (CBS) and Fox (FOXA) as part of the service, the report added. The Fly notes that Verizon has publicly confirmed previously that it plans to launch such a service, but has not provided many details to date.
07:54 EDTCMCSAComcast may be forced to put content on Apple TV, NY Post says
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07:30 EDTCMCSAAT&T-DirecTV getting less attention than Comcast-Time Warner Cable, Reuters says
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06:16 EDTCMCSAAmerican Express to launch Plenti loyalty program this spring, WSJ reports
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