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Comcast Shares Tumble

Comcast's steep broadband subscriber losses take shine off strong studio performance

Comcast reported a steep decline in broadband subscribers for the fourth quarter on Thursday on competition from telecom firms that have been bundling 5G mobile services with internet plans, sending its shares about 11% lower.

Hosted on MSN · 4h

Comcast Shares Tumble as Broadband-Subscriber Losses Widen

Comcast Corp. shares fell 11% to their lowest level in more than two years after the company reported broadband subscriber losses that exceeded expectations and said “intense” competition in that business would continue.

New York Post on MSN · 19h

Comcast shares plunge as ‘Wicked’ success offset by big subscriber losses

The broadband subscriber losses overshadowed the telecom and media giant’s upbeat results and the announcement of a $15 billion share buyback program.

Comcast, dividend

YAHOO!Finance · 10m

Comcast announces new $15B share repurchase authorization, increases dividend

Comcast (CMCSK) (CMCSA) announced that it increased its dividend by 8c, or 6.5% year-over-year, to $1.32 per share on an annualized basis for 2025. In accordance with the increase, the board of directors declared a quarterly cash dividend of 33c a share on the company’s common stock,

Business Insider · 23h

Comcast Lifts Dividend, To Buy Back $15 Bln Shares

Media and technology Comcast Corp. (CMCSK) announced Thursday that it increased its dividend by 6.5% year-over-year, to $1.32 per

MarketWatch · 1d

Comcast Raises Dividend by 6.5%, Sets New $15 Billion Buyback

Comcast's board has raised the cable giant's quarterly dividend by 6.5%, to 33 cents from 31 cents, and approved a new $15 billion share-repurchase program. The new payout, equal to $1.32 a year, represents an annual yield of about 3.

15hon MSN

Comcast shifts strategy to mobile as fourth-quarter broadband numbers disappoint

Comcast executives said the company's focus would shift to growing its mobile business after a bigger-than-expected loss of ...

1h

Comcast price target lowered to $37 from $45 at Wells Fargo

Wells Fargo lowered the firm’s price target on Comcast (CMCSA) to $37 from $45 and keeps an Equal Weight rating on the shares. The firm says ...

22hon MSN

Comcast Chief on TV Division’s Future and Cable Channel Spinoff: ‘We’re Running a Broadcast-Plus-Streaming Strategy’

Comcast leaders talked up a 'broadcast-plus-streaming' strategy for NBCUniversal after the cable spinoff, as outlined on ...

11hon MSN

Comcast Execs Talk Cable SpinCo & New NBCUniversal As Wall Street Presses For Details

Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.

1h

BofA downgrades Comcast to Neutral at start of ‘reset year’

As previously reported, BofA analyst Jessica Reif Ehrlich downgraded Comcast (CMCSA) to Neutral from Buy with a price target of $38, down from ...

1d

Comcast's new low-latency internet is literally game-changing, and these cities will get it first

Laggy internet might be a thing of the past, at least for Comcast customers. In a press release today, the company introduced ...

20h

Why Comcast (CMCSA) Stock Is Tumbling Today

Comcast’s (CMCSA) stock is sinking 13% after the firm reported that it had lost net totals of 139,000 broadband internet ...

23hon MSN

Peacock Narrows Q4 Loss to $372 Million, ‘Wicked’ Boosts Comcast’s Studios Profit by 85%

Comcast beat Wall Street expectations for its fourth quarter of 2024 as Peacock continued to narrow its losses and “Wicked” ...

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