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The Inside Story Of How Bill Gates And Microsoft Earned A 400% Return On Comcast
Sunday, January 23, 2022 - 12:23pm | 448Bill Gates and Microsoft Corporation (NASDAQ: MSFT) recognized the true potential of high-speed data and video services through a cable delivery network back in the 1990s. Microsoft announced it invested $1 billion in Comcast Corporation (NASDAQ: CMCSA) in 1997 to enhance the deployment of Comcast...
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Baird Upgrades Netflix, Downgrades AT&T, Comcast As Pandemic Shifts Media Market
Monday, March 23, 2020 - 11:53am | 472The downturn in live sports — although temporary — along with growing consumer economic pressures could accelerate video cord-cutting, adversely impacting AT&T Inc. (NYSE: T) and Comcast Corporation (NASDAQ: CMCSA), while Netflix Inc (NASDAQ: NFLX) may be a ...
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7 Ways To Hedge Or Profit During The Next Recession
Thursday, September 19, 2019 - 4:29pm | 28Is the next recession coming soon? Maybe. If and when it does, here are seven interesting ways to hedge risk and try to profit during declines.
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Altice Takes On Verizon, AT&T In Cellular Space
Tuesday, May 28, 2019 - 3:26pm | 422U.S.-based cable television provider Altice USA Inc (NYSE: ATUS) is preparing a launch into the mobile space by undercutting industry titans like Verizon Communications Inc. (NYSE: VZ), according to The Wall Street Journal. What Happened Sources close to the matter told WSJ that ...
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Street Cheers Comcast's Q4 Earnings Beat
Wednesday, January 23, 2019 - 11:00am | 400Comcast Corporation (NASDAQ: CMCSA) reported a top-and-bottom line in its fourth-quarter earnings print, which showed the company is shifting its business away to better position itself against cord cutting and a competitive environment. What Happened Comcast said it earned 64 cents per share in...
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Cable One's Strategic Positioning Is Underappreciated, KeyBanc Says In Upgrade
Tuesday, January 22, 2019 - 4:26pm | 401A strategic focus on broadband and commercial services has resulted in Cable One Inc (NYSE: CABO) posting adjusted EBITDA margins of around 47 percent and unlevered FCF margins of 27 percent, versus peer averages of around 39 percent and 23 percent, respectively, according to KeyBanc Capital...
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KeyBanc On Comcast: Uncertainty, Cheap Valuation Makes This A Buying Opportunity
Thursday, May 17, 2018 - 4:09pm | 428Comcast Corporation (NASDAQ: CMCSA) boasts a broadband business that's underappreciated by the market to the point where shares are trading at a near five-year low valuation, according to KeyBanc. The Analyst KeyBanc Capital Markets' Brandon Nispel assumed coverage of Comcast with an...
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No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks
Thursday, May 17, 2018 - 10:40am | 544Cable stocks warrant a premium valuation, as the sector is a better business than wireless, KeyBanc Capital Markets said in an industrywide report. The Analyst KeyBanc's Brandon Nispel and Maddie Schrage initiated coverage of the following stocks: Altice USA Inc (NYSE: ATUS): Overweight...
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Charter Communications Succeeds In Turnaround Effort, Wells Fargo Says In Upgrade
Monday, February 5, 2018 - 5:00pm | 355A successful turnaround and a rebound in Time Warner Cable subscriptions has renewed an analyst's confidence in Charter Communications, Inc. (NYSE: CHTR) despite a competitive environment. The Analyst Wells Fargo analyst Marci Ryvicker upgraded Charter Communications from Market Perform...
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Barclays: The Charter Bull Case Is Based On Misplaced Assumptions
Monday, December 4, 2017 - 1:45pm | 502The U.S. cable story may be souring, as the sector is likely to face increasing headwinds from growing competitive pressure on video, a slowdown in broadband growth, levered balance sheets, M&A options becoming uncertain in terms of payoffs, optimistic estimates and valuation, according to...
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Disney Named RBC Capital's Top Pick
Monday, October 9, 2017 - 9:18am | 513Walt Disney Co (NYSE: DIS) is one of Wall Street's most hotly contested stocks given its exposure to cable TV through its ESPN unit. But there is no debate among analysts at RBC Capital Markets who named the stock on Monday a "Top Pick." The firm's Steven Cahall upgraded Disney...
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Sprint In Talks With Comcast; T-Mobile Deal Put Aside
Tuesday, June 27, 2017 - 9:26am | 406Shares of Sprint Corp (NYSE: S) were trading higher by around 4 percent early Tuesday morning after reportedly being in talks with Charter Communications, Inc. (NASDAQ: CHTR) and Comcast Corporation (NASDAQ: CMCSA) to form a partnership. The three companies are working on a potential deal in which...
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Milestone: More People Are Now Willing To Pay For Netflix Than Traditional Cable TV
Wednesday, June 14, 2017 - 12:01pm | 367Netflix, Inc. (NASDAQ: NFLX) investors have reason to celebrate as the company achieved a notable victory in its quest to take on major cable providers. For the first time, Netflix now boasts more subscribers than the largest cable pay-TV providers in the country, Statista noted. Based on data from...
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Analyst Weighs In On Disney's Q2 And The 'False Rally' In Media Stocks
Wednesday, May 10, 2017 - 12:05pm | 395Walt Disney Co (NYSE: DIS)'s earnings report showed that its TV business is facing various headwinds, including higher content cost and subscribers ditching their cable offering. Speaking as a guest on CNBC, Bernstein's Todd Juenger described Disney's report as confirmation of "...
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Business Line Between Cable And Mobile Continues To Blur
Tuesday, January 24, 2017 - 3:12pm | 347AT&T Inc. (NYSE: T) proposed to acquire Time Warner Inc (NYSE: TWX), Verizon Communications Inc. (NYSE: VZ) bought Yahoo! Inc. (NASDAQ: YHOO)'s internet properties and now Sprint Corp (NYSE: S) bought a 33 percent stake in the streaming music service Tidal. What Do All These Deals Have In...