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Comcast Corporation

5/22/2013, 2:28 AM ET

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Tuesday, February 12, 5:19 PM Comcast Corporation (CMCSA): declares $0.195/share quarterly dividend, 20% increase from prior dividend of $0.1625. Forward yield 2.00%. For shareholders of record Apr. 03. Payable Apr. 24. Ex-div date Apr. 01. The board plans to repurchase shares of $2.0B during FY13. Shares +7% AH. (PR) Comment! [Dividends, On the Move]
Tuesday, February 12, 5:07 PM GE +3.4% AH after selling the remaining 49% stake it holds in NBC Universal to Comcast (CMCSA) for $16.7B; it's also selling related real estate for $1.4B. Expects the pre-tax gain from the sale of ~$1B to be offset by restructuring in 2013. Raised its authorized stock buyback to $35B and plans to buy back $10B worth of shares in 2013. (also) 6 Comments [Consumer, On the Move]
Tuesday, February 12, 4:46 PM Comcast (CMCSA): Q4 EPS of $0.56 beats by $0.03. Revenue of $15.94B (+6% Y/Y) misses by $20M. Raises dividend by 20%. Plans to buy back $2B in stock in 2013. Acquires GE's 49% interest in NBCU for ~$16.7B. Shares +8.7% AH. (PR) 3 Comments [Earnings, Consumer, Breaking News, On the Move]
Tuesday, February 12, 4:38 PM Comcast (CMCSA) will pay $16.7B for GE's 49% stake in NBC Universal, AP reports. 4 Comments [Breaking News, M&A]
Tuesday, February 12, 1:35 PM Oppenheimer analyst Tim Horan tips Comcast (CMCSA +0.4%) to see a pickup in basic video subscribers in Q4. If the predictions pans out, it would mark the first time since Q1 of 2007 the cable company has shown a positive net add for basic cable customers. Comcast reports earnings tomorrow morning. (earnings preview) Comment! [Consumer]
Tuesday, February 12, 10:40 AM A new distribution deal between News Corp (NWS, NWSA) and Comcast (CMCSA -0.1%) will see Fox's programming make its way to computers, smartphones, and tablets on top of traditional cable outlets. Customers of Comcast's Xfinity service will be able to watch Fox shows the day after they originally air on their devices. Comment! [Consumer]
Tuesday, February 12, 10:06 AM Comcast's (CMCSA) NBC network is seeing 2013 start with a thud as the fall rating leaders sinks to last place without Sunday Night Football and The Voice to prop it up. Media analyst say all the 2013 NBC numbers are heading in the wrong direction, including the average age of viewers. Comment! [Consumer]
Monday, February 11, 1:35 PM Cable operators report that the winter storm in New England over the weekend created some service outages and minor damage to equipment and networks, but that most issues have already been resolved. Though the sector felt the wrath of consumers after Hurricane Sandy when isolated stories made the rounds of firms shaking down customers for damaged equipment fees, analysts are quick to note the sound and the fury following such outages rarely translates into lost revenue. 1 Comment [Consumer]
Wednesday, February 6, 2:01 PM Under the radar: Google's lightning-fast fiber service in Kansas City might be putting pressure on cable operators to cut broadband pricing, according to reports. Customers in the region are seeing unexplained price breaks timed just as Google Fiber went live. Though its only one mid-size market, and Google's plans for a larger rollout are far from clear, the issue is giving cable companies something to think about. 6 Comments [Consumer]
Monday, February 4, 3:19 AM KKR (KKR) and Permira Advisers are reportedly considering their options for their 53% stake in ProSiebenSat.1 Media - which has a market cap of €5.43B - including selling their shares to another firm or on the market. Although the German broadcaster is having to cope with falling ad revenues, potential suitors could include Time Warner (TWX), Comcast (CMCSA) and News Corp (NWS). 1 Comment [Financials, Consumer, M&A]
Friday, February 1, 2:08 PM Comcast's (CMCSA +0.8%) NBC will make a change at NBC News as longtime exec Steve Capus steps down amid a reshuffling of duties at the network. The peacock network saw its Today show lose some of its dominance over the last year, but maintained profitability and won back control of its news website from Microsoft during the tenure of Capus. Comment! [Consumer]
Wednesday, January 30, 1:43 PM Comcast (CMCSA +0.1%) led an $11M round of venture capital investments in online fantasy sports website FanDuel with Comcast Ventures partner Andrew Cleland also invited to sit on the firm's board. Though it's a small investment by a media giant, it has an interesting twist with fantasy sports considered by some a game of skill outside the auspices of gambling restrictions. Comment! [Consumer]
Thursday, January 17, 10:41 AM More from Jefferies on cable companies (previous): Expect Superstorm Sandy to be a major topic of discussion in earnings releases and on conference calls with capital spending viewed as increasing across the multi-system operator sector. After factoring in the storm's impact, Jefferies pegs capital expenditure spending of $1.33B for Comcast (CMCSA +1.1%), $930M for Time Warner (TWC +0.5%), and $258M for Cablevision (CVC +0.1%). Comment! [Consumer]
Thursday, January 17, 10:34 AM Jefferies is out with a forecast on what gains or losses cable companies will report for basic video cable and high-speed Internet subscribers in Q4. Net adds for basic cable: TWC -140K, CMCSA -12K, CHTR -38K, CVC -10K. Net adds for high-speed Internet: CMCSA +369K, TWC +140K, CHTR +80K, CVC +5K. Comment! [Consumer]
Tuesday, January 15, 10:45 AM Nomura weighs in on Comcast (CMCSA +0.5%) with a focus on what the media company plans to do with its pile of cash. The ample cash flow churned up the cable business could help the company fund dividends and buybacks or help it back a bid to buy a larger stake in NBCU. The firm has shares rated a Buy with a $44 price target. Comment! [Consumer]
Monday, January 14, 5:12 PM Arris (ARRS) +1.6% AH after announcing it's selling $150M worth of shares to Comcast (CMCSA) to help finance its purchase of Motorola Home from Google. The sale will give Comcast, one of Arris' top customers, a 7.85% stake in the company, on par with what Google will now have following the Motorola deal - Google was previously set to have a 15.7% stake. (PR) Comment! [Tech]