Tag Archives: cmcsa

Comcast ‘Stream’ Service Right Stuff For Millennials?

With Stream, Comcast (CMCSA) hopes to hit upon what young adults, called Millennials, want from a streaming video service provider. Comcast strutted out a new low-priced streaming video service on Monday that rivals will struggle to match, at least in a battle for new customers in areas where Comcast sells high-speed Internet. Comcast stock was up nearly 1% in afternoon trading in the stock market today after the company unveiled Stream, which

Comcast Stock Buybacks Loom Bigger Than M&A

Comcast’s stock buyback plans are a hot topic on Wall Street amid the arrival of a new chief financial officer. Comcast (CMCSA) is slated to report Q2 earnings on July 23. Stock repurchase plans — along with questions over M&A strategy, international growth and the performance of NBCUniversal — will likely highlight Comcast’s earnings call with analysts. Comcast stock has edged up 6% to record highs since April 24, when the No. 1 cable firm

Comcast Not Keen On T-Mobile Takeover, Has Options

Despite a German media report that Comcast (CMCSA) is in talks with Deutsche Telekom to acquire U.S.-based T-Mobile (TMUS), a source close to Comcast says the cable TV firm isn’t interested. “Comcast is not interested in T-Mobile,” the industry source told IBD. Comcast has touted its plans to expand public Wi-Fi networks. Comcast also has the option of leasing wholesale network capacity from Verizon Wireless, owned by Verizon Communications (VZ),