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Comcast Corporation (CMCSA)

Market Closed
5 Dec, 20:00
NASDAQ (NGS) NASDAQ (NGS)
$
27. 31
+0.11
+0.4%
$
96.82B Market Cap
12.39 P/E Ratio
1.24% Div Yield
46,800,285 Volume
3.93 Eps
$ 27.2
Previous Close
Day Range
27.21 28.08
Year Range
25.75 43.3
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Earnings results expected in 48 days
Billions Cut From Health Programs: What To Know In CA

Billions Cut From Health Programs: What To Know In CA

CALIFORNIA — The Trump administration announced several cuts to federal and state health programs this week, including $12 billion in funding to help states deal with emerging health crises and the elimination of 10,000 Department of Human Services employees. In California, the federal grants represent state and local funding that supports respiratory virus monitoring, testing and response, immunizations and vaccines for children, and health disparities efforts, California Department of Health Director and State Public Health Officer Dr. Erica Pan told Patch in a statement. "This funding supports the public health work and data systems improved during the pandemic that helped California fill gaps in its existing public health infrastructure, including ongoing response to COVID-19 disease and other respiratory and vaccine-preventable diseases that require similar resources," she said. Those funds, allocated during the COVID-19 pandemic will stop immediately, according to the story first reported by NBC News. The action cancels an $11.4 billion grant from the Centers for Disease Control and Prevention and around $1 billion from the Substance Abuse and Mental Health Services Administration. “No additional activities can be conducted, and no additional costs may be incurred, as it relates to these funds,” the notices said. Pan said DPH is "working to evaluate the impact of these actions." "All Californians deserve to live in healthy and thriving communities, which is the role of public health. CDPH remains committed to seeking the resources required to support the critical, lifesaving infrastructure needed to keep people healthy and protect them against infectious disease, vaccine-preventable diseases and health emergencies," she said. The cuts to states were a prelude to sweeping changes to the Department of Human Services. On Thursday, the Trump administration said about 10,000 HHS employees would be laid off under Health Secretary Robert F. Kennedy Jr.’s planned agency reorganization, a move which the administration said will save taxpayers $1.8 billion per year. HHS oversees 13 agencies, including the Centers for Disease Control and Prevention, Food and Drug and Administration, and the National Institutes of Health. Kennedy said the 28 divisions within the 13 agencies overseen by HHS will be consolidated into 15 to eliminate duplications of work. “We will eliminate an entire alphabet soup of departments, while preserving their core functions by merging them into a new organization called the Administration for Healthy America or AHA,” Kennedy wrote on X. About 2,400 CDC employees will be cut. Divisions that will be eliminated include those focused on global health, domestic HIV prevention, and prevention from injury, such as gun violence, NBC News reported. When combined with HHS’ other efforts, the restructuring results in a total downsizing from 82,000 to 62,000 full-time employees, according to a news release announcing the cuts. The cuts are in addition to the 10,000 people who took buyout offers and left on their own after President Donald Trump took office. Those cuts are on top of what is expected to be a wave of public health staff layoffs across the country as federal grant funding is cut off. “We aren't just reducing bureaucratic sprawl. We are realigning the organization with its core mission and our new priorities in reversing the chronic disease epidemic,” Kennedy said. “This Department will do more – a lot more – at a lower cost to the taxpayer.” As part of the makeover, Kennedy plans to create a new division, the Administration for a Healthy America, which will be known by the acronym AHA, the news release said. “The reality is that, when we take funding away from public health systems, the systems just do not have the capacity, because they’re chronically underfunded over the decades,” said Dr. Umair Shah, who served as Washington State’s health secretary until January, told The New York Times.

Patch | 8 months ago
Sky announces 2,000 call centre job cuts in move to online support

Sky announces 2,000 call centre job cuts in move to online support

Sky has announced plans to cut up to 2,000 UK call centre jobs as it shifts more of its customer service operations online. The move, which affects around 7% of its workforce, includes the closure of sites in Stockport, Sheffield and Leeds Central, with further changes at Dunfermline and Newcastle.

Proactiveinvestors | 8 months ago
Comcast Corporation (CMCSA) New Street Research and BCG Future of Connectivity Leaders Conference (Transcript)

Comcast Corporation (CMCSA) New Street Research and BCG Future of Connectivity Leaders Conference (Transcript)

Comcast Corporation (NASDAQ:CMCSA ) New Street Research and BCG Future of Connectivity Leaders Conference March 26, 2025 4:45 PM ET Company Participants Elad Nafshi - EVP & Chief Network Officer Conference Call Participants Jonathan Chaplin - New Street Research Elad Nafshi Thank you so much for having me. Jonathan Chaplin Yes.

Seekingalpha | 8 months ago
Comcast (CMCSA) Exceeds Market Returns: Some Facts to Consider

Comcast (CMCSA) Exceeds Market Returns: Some Facts to Consider

In the closing of the recent trading day, Comcast (CMCSA) stood at $36.94, denoting a +0.93% change from the preceding trading day.

Zacks | 8 months ago
What's In Store For Comcast This Earnings Season? Analyst Predicts New Pricing Strategies Amid Competitive Pressures

What's In Store For Comcast This Earnings Season? Analyst Predicts New Pricing Strategies Amid Competitive Pressures

Goldman Sachs analyst Michael Ng reiterated the Buy rating on Comcast Corporation CMCSA, with a price forecast of $44.

Benzinga | 8 months ago
Investors Heavily Search Comcast Corporation (CMCSA): Here is What You Need to Know

Investors Heavily Search Comcast Corporation (CMCSA): Here is What You Need to Know

Comcast (CMCSA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Zacks | 8 months ago
Comcast (CMCSA) Advances But Underperforms Market: Key Facts

Comcast (CMCSA) Advances But Underperforms Market: Key Facts

Comcast (CMCSA) concluded the recent trading session at $36.09, signifying a +0.22% move from its prior day's close.

Zacks | 8 months ago
Comcast SpinCo Appoints Ex-Fast Food CEO David Novak As Chairman

Comcast SpinCo Appoints Ex-Fast Food CEO David Novak As Chairman

Comcast has appointed David Novak, one of its board members and the former CEO of fast food company YUM! Brands, as chairman of its soon-to-spin-off collection of cable TV networks. SpinCo, as the entity is called on a temporary basis, is aiming to separate from Comcast by the end of the year.

Deadline | 8 months ago
Comcast Boosts Xfinity Speeds to Drive Broadband & Wireless Growth

Comcast Boosts Xfinity Speeds to Drive Broadband & Wireless Growth

CMCSA expands speeds of Xfinity Internet prepaid plans as a response to a 139,000 broadband subscriber decline.

Zacks | 8 months ago
Comcast expands partnership with Olympics, extends media rights through 2036

Comcast expands partnership with Olympics, extends media rights through 2036

Comcast and the International Olympic Committee announced a $3 billion deal to continue their broadcasting arrangement. The partnership grants Comcast the media rights for the Olympics through 2036.

Cnbc | 8 months ago
Comcast NBCUniversal Strikes New Partnership Deal for Olympic Games

Comcast NBCUniversal Strikes New Partnership Deal for Olympic Games

The move extends Comcast's media rights to the Olympic Games on its various platforms in the U.S. through 2036.

Wsj | 8 months ago
Here is What to Know Beyond Why Comcast Corporation (CMCSA) is a Trending Stock

Here is What to Know Beyond Why Comcast Corporation (CMCSA) is a Trending Stock

Comcast (CMCSA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Zacks | 8 months ago
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