Comcast (CMCSA) Tops Q2 EPS by 4c, Beats on Revenues
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Comcast (CMCSA) Declares $0.1575 Quarterly Dividend; 1.6% Yield
July 27, 2017 6:30 AM EDTComcast (NASDAQ: CMCSA) declared a quarterly dividend of $0.1575 per share, or $0.63 annualized.
The dividend will be payable on October 25, 2017, to stockholders of record on October 4, 2017, with an ex-dividend date of October 2, 2017.
The annual yield on the dividend is 1.6 percent.
For a... More
Comcast (CMCSA) Should Buy Verizon (VZ) - Citi
July 26, 2017 7:27 AM EDTCiti analyst Jason Bazinet is making a bold case that Comcast (NASDAQ: CMCSA) should acquire Verizon (NYSE: VZ).
Bazinet cited four reason why a deal makes sense for both:
1) Wireless would allow Comcast to extend Internet connectivity beyond the home.
2) Both cable and wireless firms will need to... More
UPDATE: Citi Downgrades Dish Network (DISH) to Sell
July 26, 2017 7:10 AM EDT(Updated - July 26, 2017 7:28 AM EDT)
(updated to add analyst comment)
Citi downgraded Dish Network (NASDAQ: DISH) from Buy to Sell with a price target of $52.00 (from $94.00).
Analyst Jason Bazinet believes the company maybe a loser according to a morning... More
Wells Fargo Starts Altice-USA (ATUS) at Market Perform
July 26, 2017 4:37 AM EDTWells Fargo initiates coverage on Altice-USA (NYSE: ATUS) with a Market Perform rating and a price target of $34.00.
Analyst Marci Ryvicker says the path for management to travel to reach its stated goals appears "murky"and believes the current valuation leaves little... More
ABC News to target millennials with social video partnership
July 25, 2017 10:04 AM EDTBy Sheila Dang
(Reuters) - Walt Disney Co's (NYSE: DIS) ABC News launched a partnership on Tuesday with ATTN:, a video news site focused on younger audiences, to co-produce videos for social media including Facebook Inc's (NASDAQ: FB) Instagram and for Twitter Inc (NYSE: TWTR).
The two will use ABC's footage and equipment to produce short-length stories appealing to both companies' audiences.
ATTN: co-founder and Editor-in-Chief Matthew Segal will join ABC News as a contributor, the companies said on Tuesday.
... More