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Comcast Sees A Rocky Road Ahead
Friday, January 23, 2015 - 2:55pm | 415Comcast Corporation (NASDAQ: CMCSA) has gone from being in a position of power to waiting helplessly for a decision from U.S. officials about its future. The media giant spent $17 million lobbying in Washington last year, the second largest expenditure by a corporate lobbying group. But this...
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Dow Flirts With 17,000, S&P 500 Inches Closer To 2,000 In First Trading Day Of The Third Quarter
Tuesday, July 1, 2014 - 4:48pm | 2089U.S. stocks were higher as the back-end of 2014 kicked off. The Dow came within less than two points of reaching the 17,000 mark as investors and traders found plenty of positives in a better-than-expected June auto sales and an expansion in U.S. manufacturing. The S&P 500 also traded at...
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Comcast CEO Brian Roberts Dives Into Q2 Results, Synergy And Streaming (CMCSA)
Wednesday, July 31, 2013 - 10:21am | 422Q2 marks the first full quarter that Comcast (NASDAQ: CMCSA) has fully owned NBCUniversal. During the quarter, revenue hit $16.3 billion, generating EPS of $0.65, beating out Wall Street analyst's projections of $16.1 billion in revenue and $0.65 EPS. Comcast Chairman and CEO Brian Roberts...
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Comcast Shares Move On Q2 Earnings (CMCSA)
Wednesday, July 31, 2013 - 8:31am | 207Wednesday morning, Comcast (NASDAQ: CMCSA) released earnings for the three month period ended June 30. EPS jumped to $0.65 and revenue came in at $16.27 billion. These are 3.17 percent and 1.62 percent beats. Year-over-year revenue and operating income are up seven and 11.6 percent,...
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Comcast to Spend $170 Million Marketing Xfinity Brand
Friday, July 27, 2012 - 2:03pm | 384Comcast (NASDAQ: CMCSA), a provider of entertainment, information and communications products and services, will spend $170 million marketing and improving customer understanding of the company's Xfinity brand. Comcast CEO Brian Roberts has acknowledged that Xfinity, launched in 2010 as an...
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Comcast Corporation's (CMCSA) (CMCSK) Broadcast Shows To Remain Free Online
Thursday, February 4, 2010 - 1:35pm | 79Comcast Corporation (Nasdaq: CMCSA) (Nasdaq: CMCSK) announced that broadcast shows would remain free. Comcast Corporation Chairman Brian Roberts was before a House Subcommittee when he said that a Comcast-controlled NBC Universal would not move "over-the-air" broadcast programming to a TV...
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Comcast (CMCSA) CEO Optimistic About Merger With NBC Universal : CNBC
Friday, January 29, 2010 - 11:26am | 116Cable behemoth Comcast (NASDAQ: CMCSA) and NBC Universal (NYSE: GE) are in the process of convincing Federal Communications Commission (FCC) that their merger is in the public interest. They are also trying to make a point that this merger should not invoke antitrust laws. Both the companies have...