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Scotiabank analyst Maher Yaghi downgraded Comcast Corp (NASDAQ:CMCSA) from Sector Outperform to Sector Perform and lowered the price target from $48 to $44.50. Comcast announced a new strategy to ...
Goldman Sachs analyst Michael Ng reiterated the Buy rating on Comcast Corporation (NASDAQ:CMCSA) with a price forecast of $50. The analyst projects the company to report in-line results for the ...
Brian L. Roberts. Comcast is described as a family business. [19] Brian L. Roberts, its chairman and CEO, is the son of founder Ralph J. Roberts (1920–2015). Roberts owns or controls about 1% of all Comcast shares but all of the Class B supervoting shares, giving him an "undilutable 33% voting power over the company". [20]
The $132.50 per share offer, just above TWC's closing price at $132.40 on January 13, was rejected. [37] On February 13, 2014, Time Warner Cable accepted an offer of $158.82 per share from Comcast, avoiding a hostile takeover situation from Charter. [38] [39]
Comcast shares gained 1.6% Wednesday to close at $42.99. Sign up for our Wide Shot newsletter to get the latest entertainment business news, analysis and insights. This story originally appeared ...
Acquisition of NBC Universal by Comcast The logo of Comcast from late 2006 to 2013 NBCUniversal logo as of January 31, 2011 Alternate NBCUniversal logo, created after the company's takeover and featuring Comcast's updated NBC peacock logo to promote its ownership Initiator Comcast Target NBC Universal from GE Type Majority stake (until March 2013) Full acquisition (from March 2013) Cost US$ 13 ...
Comcast's flagship streaming service Peacock added 3 million subscribers in the first quarter, while revenue at the platform increased 54% year over year to $1.1 billion, the company said on Thursday.
The Comcast and Time Warner Cable logos. On February 13, 2014, Comcast Corporation announced its intent to acquire Time Warner Cable.The deal was proposed to take the form of a stock swap, estimated at the time of announcement to be worth about $45.2 billion. [1]