Comcast Corporation (CMCSA)
FCC to open probe into NBC-parent Comcast over promotion of DEI programs
Federal Communications Commission chair Brendan Carr told NBC News-parent Comcast it is opening a probe into the company's promotion of diversity, equity and inclusion programs, according to a letter seen by Reuters.
Metuchen Adopts Ordinance To Bring Comcast Services To The Borough
METUCHEN, NJ – On Monday, Metuchen adopted an ordinance authorizing a rights-of-way agreement with Comcast. The ordinance permits the installation, use, and maintenance of cable and internet facilities by Comcast in Metuchen. According to the ordinance, “it is in the best interests of the Borough and its citizens” to grant non-exclusive consent to Comcast to occupy the public rights-of-way within Metuchen. Last month, Mayor Jonathan M Busch said residents have expressed their desire for more choices in internet and cable providers for years. Officials actively engaged with Comcast, working to secure their investment in Metuchen. In January, the Borough introduced the ordinance and the second reading was held on Feb. 10. “This will potentially allow comcast to open lines here in Metuchen which is a big deal,” Busch said. Council president Jason Delia said he was glad the ordinance was going through as it would provide residents with more options. According to the ordinance, the Borough’s consent is and shall be conditional upon Comcast’s application and it obtaining the required authorization from the Board to construct, operate, and maintain a cable television system within Metuchen. Comcast will have to comply with all existing and future applicable ordinances and they have to enter into a written agreement with the Metuchen to indemnify and hold the Borough harmless as to all claims and liability resulting from any injury or damage caused by Comcast which may arise from the construction, installation, and any related work. The ordinance was adopted unanimously. Have a correction or news tip? Email [email protected]
Wall Street's Most Accurate Analysts Weigh In On 3 Tech & Telecom Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Comcast: Market's Fear Of Broadband Subscriber Loss Creates An Attractive Point Of Entry
Comcast is undervalued, trading at sub-6x EBITDA and a 12% forward FCF yield, despite broadband subscriber losses and negative market sentiment. The broadband competition from FWA and fiber is significant, but Comcast's urban focus and HFC technology mitigate these threats. Comcast's $15 billion buyback program, conservative balance sheet, and upcoming Universal Epic Universe opening are key catalysts for potential stock re-rating.
Should Comcast split into three? This analyst says a breakup would mean big upside.
A Wolfe Research analyst argues Comcast's conglomerate structure is holding back the stock.
Investors Heavily Search Comcast Corporation (CMCSA): Here is What You Need to Know
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.
Comcast Faces Broadband Headwinds, Analyst Downgrades Stock And Cuts Price Forecast
Scotiabank analyst Maher Yaghi downgraded Comcast Corp CMCSA from Sector Outperform to Sector Perform and lowered the price target from $48 to $44.50.
My Top 10 High-Yield Dividend Stocks For February 2025
SPY kicks off 2025 with a gain of 2.67% in January. VYM is off to an even better start with a gain of 3.75%. The top 10 stocks on the watchlist for February 2025 offer a 3.43% dividend yield, nearly triple that of the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 15.95% since its inception in November 2020.
Charter CEO Chris Winfrey Addresses “Chatter” About Potential Blockbuster Merger With Comcast, Doesn't See “Wide-Open” Path To Deal Under Donald Trump
Charter CEO Chris Winfrey acknowledged the “chatter” in the media business and on Wall Street about a potential merger with Comcast, but said such a megadeal is not “core” to his company's strategy.
Comcast Q4 Beat Overshadowed By Broadband Loss; Pain To Continue, Analysts Say
Comcast Corp CMCSA shares were climbing in on Friday, after having tanked in the previous trading session following the release of the company's fourth-quarter results.
These Analysts Slash Their Forecasts On Comcast After Q4 Results
Comcast Corp CMCSA reported better-than-expected earnings for its fourth quarter on Thursday.
Wall Street rebounds as tech stocks rally; Comcast plunges, Grayscale unveils Bitcoin Miners ETF
US stocks climbed on Thursday in a choppy trading session as Wall Street weighed earnings from major tech giants and digested fresh economic data. The S&P 500 gained 0.7%, while the Nasdaq Composite rose 0.5%, recovering some losses from earlier in the week.
