Comcast (CMCSA) early Tuesday reported Q4 earnings that missed estimates by a penny and added fewer video customers than expected, as revenue growth at NBC Universal’s cable networks and film units slowed. Comcast, though, hiked its quarterly dividend by 11% to 25 cents a share. The nation’s No. 1 cable TV firm also increased its stock buyback program to $10 billion, with $4.25 billion in repurchases planned for 2015. Comcast, which is seeking
Comcast’s (CMCSA) proposed merger with Time Warner Cable could be shot down by federal regulators, says MoffettNathanson, which downgraded both stocks to neutral on Tuesday on expectations that cable TV companies face tougher regulation from the Obama administration. Besides downgraded Comcast and Time Warner Cable (TWC), analyst Craig Moffett also downgraded Charter Communications (CHTR) to neutral from buy. The proposed Comcast-Time Warner Cable
Time Warner’s (TWX) upcoming negotiations to renew programming deals with pay-TV service operators will be key for the media and entertainment giant’s growth prospects, analysts say. Time Warner, which on Wednesday reported Q4 earnings that topped estimates, has upcoming talks with Comcast (CMCSA), satellite TV broadcaster Dish Network (DISH) and Time Warner Cable (TWC). Federal regulators are reviewing the proposed Comcast-Time Warner Cable