Feed

Comcast Needs to Make NBC Universal Work

NBC Universal logoNBC Universal has been a disappointment for General Electric (GE). Will the company, after the transaction involving it, GE and Comcast (CMCSA) goes through (assuming it does), see an improvement in its future prospects? I sure hope so, but I have to say, if the new leaders simply engage the same old strategies as before, then I don't have a lot of confidence.

It's been reported that Jeff Zucker will be leaving. On the surface, one might, on an instinctual level, feel positive about the exit of the studio's CEO. As we all know, change can be good; reboots can oftentimes act as catalysts that transform an operation into a stronger entity.

Continue reading Comcast Needs to Make NBC Universal Work

Comcast: The Positive Data Points Mount

The positive signs continue to mount with cable/communications giant Comcast Corporation (CMCSA), which I first wrote about on April 22, 2009 at a price of $14.05.

In May, Comcast's stock tested $20 resistance, then pulled back, but soon accelerated after hitting the key, 50-day moving average -- a bullish sign -- and the uptrend remains intact.

Every once in a while, you like to establish a position in stock in the low-teens and see it run to about $32 or so, and Comcast looks like it could fit that bill.

Continue reading Comcast: The Positive Data Points Mount

Earnings Releases from Comcast and Visa

Comcast (CMCSA) and Visa (V) reported earnings on Wednesday. Following is my brief take on each of them.

Comcast is a big name in cable, and it's waiting to close on a deal with General Electric (GE) involving the latter company's NBC Universal. It will be interesting to see if Comcast's management team can properly synergize with the studio.

Continue reading Earnings Releases from Comcast and Visa

DreamWorks Animation: Time for a Buy Out?

DreamWorks DWA logoHere's a very interesting item from Theflyonthewall concerning DreamWorks Animation (DWA). It appears that the cartoon concern possibly isn't so fond of being a standalone entity any longer. Instead, it might want to be purchased by another media player. Comcast (CMCSA) was mentioned as a potential suitor.

There's some confusion, however, over this topic; it's not clear whether Jeffrey Katzenberg, the CEO of DreamWorks Animation, approached Comcast or Comcast approached Katzenberg.

Continue reading DreamWorks Animation: Time for a Buy Out?

TiVo Records Another Loss in Q1

Tivo Q1 lossTiVo (TIVO), an expert in digital-video recording, closed Tuesday's regular session at $9.15. It was up over 1%. Sure, that sounds swell when juxtaposed with Tuesday's market action. It does nothing, however, to make me like the stock.

The 52-week low for the shares is $6.41. The 52-week high is $18.93. The one-year chart is ... not appealing. You've got a big spike in buying interest near the right side, preceded by sideways action. Then, a nasty plunge. How can you possibly comprehend this technical situation? It's difficult at best, and I'm not going to pretend I know where the stock is heading.

Continue reading TiVo Records Another Loss in Q1

Blockbuster's Terrible Q1

Blockbuster (BBI) is not a stock any sane investor should buy. First, it's under a buck. Second, it is currently down over 20% in afternoon trading, backed by significant volume. I'm seeing a price of just under 40 cents as I write this. Not a good situation.

Yet, I'm sure there are a fair amount of professional speculators out there making bets on the business. Hey, I can't predict the future, but I just don't see how anyone can take a chance on the shares. The one-year chart is terrible. And the most recent earnings report, released yesterday after the bell, is likewise a horrible sight to behold.

Continue reading Blockbuster's Terrible Q1

DISH Network: Buy or Sell?

DISH Network Corp. (DISH), a provider of television entertainment channels whose competitors include Comcast Corporation (CMCSA) and DIRECTV (DTV), is trading higher about an hour before the closing bell. It's up 50 cents, or over 2%, to $21.80. Volume isn't that great, though. And I have to say, I'm not sure I'd want to join in with the buyers.

Over the last twelve months, the stock has seen a nice rise. Before you become too impressed, keep in mind that the 52-week range is a relatively narrow one. The low is $14.17, while the high is $23.06.

Continue reading DISH Network: Buy or Sell?

Earnings Highlights: Caterpillar, Comcast, DreamWorks, Ford, Kodak, P&G and More

Here are some highlights from this past week's earnings coverage on BloggingStocks:

  • Aflac Inc. (AFL) higher Q1 earnings were better than analysts expected, due in part to a stronger yen.
  • Automatic Data Processing Inc. (ADP) Q3 EPS were the same as a year ago and revenue inched higher.
  • BlackRock Inc. (BLK) higher Q1 earnings fell short of analysts' expectations due to acquisition-related charges.
  • Broadcom Corp. (BRCM) posted record revenue in Q1 and swung to a profit from a year-ago loss.
  • Burger King Holdings Inc. (BKC) topped Wall Street's Q3 earnings estimate, but same-store sales fell.

Continue reading Earnings Highlights: Caterpillar, Comcast, DreamWorks, Ford, Kodak, P&G and More

Comcast's Q1 Earnings Beat Street, Shares Rise

At least initially, investors liked what they saw in Comcast Corporation's (CMCSA) first quarter report, during which the company earned 31 cents, above the Thomson/Reuters First Call first quarter EPS estimate of 30 cents. Shares rose
30 cents to $18.76 in Wednesday afternoon trading, despite a choppy market.

Comcast, the nation's largest cable television operator, said it added 399,000 high-speed Internet subscribers and 373,000 phone customers in the first quarter. Comcast lost 82,000 basic video subscribers, but average revenue per video subscriber increased 6.3% to $122.98 per month. The company earned 27 cents per share a year ago, in the first quarter of 2009.

Continue reading Comcast's Q1 Earnings Beat Street, Shares Rise

Closing Bell: The Gift of Recovery (CMCSA, DOW, SAP, BWLD, AOL)

This was a day which could have gone either way. The markets recovered this morning despite weakness in overseas markets in reaction to yesterday's S&P downgrading of Portugal and Greece credit worthiness. Today came another S&P downgrade of Spain. Then the FOMC kept rates steady and maintained its "extended period" period for that no to low rate policy.

Here were today's unofficial closing bell levels:

Dow 11,045.27 +53.28 (0.48%)
Nasdaq 2,471.73 +0.26 (0.01%)
S&P 500 1,191.36 +7.65 (0.65%)

Continue reading Closing Bell: The Gift of Recovery (CMCSA, DOW, SAP, BWLD, AOL)

Before the Bell: Futures Advance Ahead of Fed Statement

After slumping earlier in the morning, U.S. stock futures turned higher Wednesday. Perhaps following Tuesday's steep sell-off this may have been expected. Still, as earnings season rages on, investors remained highly concerned about debt problems in Europe and awaited a statement and an interest-rate decision from the Federal Reserve.

U.S. stocks fell sharply Tuesday after Standard & Poor's downgraded Greece's debt rating to junk and downgraded Portugal's rating. The Dow Jones Industrial Average plummeted 213 points, or 1.9%, the Nasdaq Composite lost 51 points, or 2%, and the S&P 500 fell 28 points, or 2.3%.

Continue reading Before the Bell: Futures Advance Ahead of Fed Statement

Comcast Breaks Out of a Trading Range

The shares of Comcast Corp (CMCSA), which I first wrote about on April 22, 2009 at a price of $14.05, appear to be getting some traction.

Look for 2010 revenue to increase 3-5%, with a similar increase in 2011, propelled higher by increased multi-service customers, higher video services and broadband revenue, and a rebound in advertising revenue. Margins should improve slightly.


Continue reading Comcast Breaks Out of a Trading Range

Closing Bell: The Omnipotent Fed (AAPL, MEE, T, CMCSA)

The market was down most of they day and it looked might it sell off more into the afternoon. That was until the Federal Reserve issued its Federal Open Market Committee for the meeting held on March 16. The Fed's message was that rates would stay at their historically low levels and would stay there for some time.

The rally after the FOMC announcement was modest, but at least it let traders continue their modest assault on the DJIA 11,000 level.

Continue reading Closing Bell: The Omnipotent Fed (AAPL, MEE, T, CMCSA)

Earnings Highlights: Aol, Burger King, Comcast, Hershey, Kellogg, UPS ...

Here are some highlights from this past week's earnings coverage on BloggingStocks:

  • Aol Inc. (AOL) reported a better-than-expected Q4 profit and said its revenue also topped estimates.
  • Burger King Holdings Inc. (BKC) higher Q2 earnings topped analysts' estimates but same-store sales fell.
  • Clorox Co. (CLX) higher Q2 earnings beat expectations and it lifted its full-year earnings guidance.
  • Comcast Corp. (CMCSA) Q4 earnings more than doubled and beat Wall Street expectations, but shares fell.
  • Gap Inc. (GPS) shares jumped after it forecast earnings above analysts' expectations, boosted by January sales.

Continue reading Earnings Highlights: Aol, Burger King, Comcast, Hershey, Kellogg, UPS ...

Comcast Down on Q4 Release

Comcast (CMCSA) published fourth-quarter numbers earlier today. On a reported basis, net income more than doubled to 33 cents per share. According to Reuters, the cable company earned 29 cents per share on an adjusted basis, beating estimates by two pennies.

Management loves to promote its ability to generate free cash flow. There was an increase in this metric of just under 21% for the twelve-month period. I love free-cash generation, and I appreciate this example of growth, but one thing should be pointed out: operational cash flow was flat. As the earnings release stated, a reduction in capital expenditures was mostly responsible for the expansion. Free cash flow was down 11% for the fourth quarter itself, sorry to say.

Continue reading Comcast Down on Q4 Release

« Previous Page | Next Page »

Symbol Lookup
IndexesChangePrice
DJIA-73.1112,369.38
NASDAQ-34.902,778.79
S&P 500-9.641,295.22

Last updated: May 21, 2012: 12:10 AM

Hot Stocks

General Electric

18.95+0.07(+0.37)

Alcoa

8.43-0.07(-0.82)

Apple Inc

530.38+0.26(+0.05)

Google Inc 'A'

600.40-22.65(-3.64)

Bank of America

7.02+0.04(+0.57)

Wal-Mart Stores

62.43+0.75(+1.22)

Exxon Mobil Corp

81.47-0.44(-0.54)

Ford

10.010.00(0.00)

Citigroup

26.01-0.40(-1.51)

IBM

195.88-2.01(-1.02)

Yahoo

15.42+0.55(+3.70)

Starbucks

51.53-0.14(-0.27)

Microsoft

29.27-0.45(-1.51)

Home Depot

47.05+0.03(+0.06)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1337573446087 ms.