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Stock Market & Financial Investment News

News Breaks
January 27, 2014
07:55 EDTCMCSAComcast price target raised to $59-$61 from $51-$53 at Wells Fargo
Wells Fargo increased its price target on Comcast as the firm raised its estimates for the company, and believes that its longer term growth outlook has improved. The firm expects the company's Q4 results to beat expectations and keeps an Outperform rating on the shares.
News For CMCSA From The Last 14 Days
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September 30, 2014
11:54 EDTCMCSAFCC eliminates sports blackout rules
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06:25 EDTCMCSAFCC asks media companies for Comcast contract details, WSJ reports
The FCC is pushing for media companies to submit details of their programming agreements with Comcast (CMCSA) ahead of the company's merger with Time Warner Cable (TWC), reports the Wall Street Journal. Citing a person familiar with the matter, the FCC believes the documents contain information that would be relevant in its review. Officials from media companies including CBS (CBS), 21st Century Fox (FOXA), Disney (DIS), Discovery (DISCA), Time Warner (TWX) and Viacom (VIA;VIAB) met with FCC staff earlier this month to voice concerns about releasing highly confidential materials. Reference Link
September 29, 2014
07:18 EDTCMCSAStarz may struggle to sell itself, WSJ reports
Starz (STRZA) may struggle to sell itself, according to the Wall Street Journal citing challenges facing standalone media companies. The publication says that the standalone networks -- Starz, AMC Networks (AMCX) and Scripps Networks (SNI) -- "lack the heft" of larger peers in negotiations regarding affiliate deals, and look "increasingly vulnerable" now that Comcast (CMCSA), Time Warner Cable (TWC), DirecTV (DTV) and AT&T (T) are joining forces. Reference Link
September 25, 2014
17:50 EDTCMCSACompanies receive U.S. information requests on Comcast-TWC deal, Bloomberg says
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September 24, 2014
12:14 EDTCMCSANetflix responds to Comcast's extortion claims, Variety reports
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09:17 EDTCMCSAComcast accuses TWC deal opponents of extortion, Re/code reports
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07:43 EDTCMCSAARRIS and Comcast trial ew RDK software in broadband modems
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September 22, 2014
06:44 EDTCMCSA'The Maze Runner' leads weekend box office sales with $32.5M, WSJ reports
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