NBC turnaround and Winter Olympics help lift Comcast earnings23 Apr 2014, 6:52 amComcast's first-quarter profit increases 30% from a year earlier to $1.87 billion. The cable giant's revenue soars 14% to $17.41 billion. The NBC broadcast network, after trailing in the ratings for nearly a decade, could finish the TV season in first place among viewers prized by advertisers.
Olympics, cable growth spur Comcast revenue23 Apr 2014, 1:28 amThe Winter Olympic Games in Sochi, Russia, scored $1.1 billion in advertising revenue for NBCUniversal's broadcast-TV and cable networks, 40 percent more than the advertising for the Vancouver Winter Games in 2010, Comcast Corp. reported Tuesday.
Netflix and Harley-Davidson are big market movers22 Apr 2014, 2:59 pmStocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Harley-Davidson Inc., up $4.33 to $71.87 The motorcycle maker reported an 18.7 ...
Comcast 1Q earns beat Street on upbeat NBC result22 Apr 2014, 8:14 amComcast's first-quarter net income rose by nearly a third as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon's elevation as host of "The Tonight Show."
Comcast Expects NBC To Catch Up To Rivals In Upfront Ad Market22 Apr 2014, 7:49 am“Monetization gap” is the clunky term NBCU chief Steve Burke frequently uses when he laments the low ad rates his company commands after years of flailing in the TV ratings wars. But with NBC poised to end the prime time season No. 1 in its target 18-to-49 demo, he tells analysts today that he’s going into the upfront sales market “with our best position in a decade” and “it’s going to be worth ...
Why Comcast (CMCSA) Stock Is Gaining Today22 Apr 2014, 7:46 amNEW YORK (TheStreet) -- Comcast stock is edging higher on Tuesday after the cable company reported double-digit earnings growth in its first quarter. Before market open, shares had added 1.2% to $50.50. Philadelphia-based Comcast reported adjusted net income of 68 cents a share, 4 cents higher than analysts surveyed by Thomson Reuters expected. STOCKS TO BUY: TheStreet Quant Ratings has ...
Hollywood Giants Gear up for Earnings Reports as Stocks Lag Market21 Apr 2014, 11:54 amFirst-quarter box-office trends were solid, but "if you weren't NBC, you faced an uphill ratings battle versus the Winter Olympics," says one analyst. read more
Zacks Rank #1 Additions for Monday21 Apr 2014, 5:15 amHere are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Monday
America's Two Largest Providers of Wired Broadband11 Apr 2014, 5:20 pmComcast Corporation (CMCSA) is a media and technology company with two businesses, Comcast Cable and NBCUniversal Media LLC.
This could send Apple 20 percent higher24 Mar 2014, 8:17 pmA big deal and a big screen may push Apple up another 20%. But could there be trouble after that?