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Comcast shares closed down nearly 10% Monday after Dave Watson, president and CEO of Comcast Cable, said the company expects broadband subscribers to decline by over 100,000 in the current quarter.
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 ...
Comcast reported a surprise loss of broadband subscribers in the third quarter — despite reporting a beat on both the top and bottom lines. The report sent its stock plunging.
Comcast stock was up about 2% in premarket trading, to over $43/share, off its 52-week high of $47.11. In regular trading, Comcast shares closed up 1.6% Wednesday as major market indexes were flat ...
Before you buy stock in Comcast, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Comcast wasn’t ...
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]
Comcast stock popped more than 3% premarket before paring gains. Shares closed the trading day up 1.6% to roughly $43. The company said it is looking to complete the spin-off in one year.
QVC: Comcast sold its majority stake to Liberty Media in 2003 Speed Channel : joint venture with Cox Communications and Fox Entertainment Group ; Fox acquired Comcast and Cox's stakes in 2001 Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery ) in 2003.