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The Latest Breaking News from Comcast Corp

Here's What Happening Between Comcast's NBCUniversal And Hulu

Comcast Corp's (NASDAQ:CMCSA) NBCUniversal is nearing a plan that could drastically change its partnership with The Walt Disney Co's (NYSE:DIS) Hulu, the Wall Street Journal reports. NBCUniversal could end up shifting high-profile programming to its Peacock streaming platform under the plan. Comcast, which owns a third of Hulu, launched Peacock less than two years ago,…

Comcast-ViacomCBS Streaming Wins Regulatory Approval

Comcast-ViacomCBS Streaming Wins Regulatory Approval

Comcast Corp (NASDAQ: CMCSA) and ViacomCBS Inc (NASDAQ: VIAC)

Comcast Tops Q4 Consensus; Hikes Share Buyback To $10B; Raises Dividend By 8%

Comcast Tops Q4 Consensus; Hikes Share Buyback To $10B; Raises Dividend By 8%

Comcast Corp (NASDAQ:CMCSA) reported fourth-quarter FY21 revenue growth of 9.5% year-on-year to $30.34 billion, beating the consensus of $29.74 billion. Segments: Revenue for Cable Communications rose 4.5% Y/Y to $16.4 billion, driven by increases in broadband, wireless, business services partially offset by decreases in advertising, video, and voice revenue. Customer Relationships increased by 169,000…

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Comcast Shares Gain On RBC Capital Rating Upgrade

RBC Capital analyst Steven Cahall upgraded the rating on Comcast Corp (NASDAQ:CMCSA) to Outperform, from Sector Perform, with a $60 price target, suggesting an upside of 18%. Cahall stated that the recent 19% sell-off since early August is overdone. "While we acknowledge that telco fiber and fixed wireless will pressure Comcast's fundamentals, our analysis…

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