Comcast (CMCSA) climbs more than 3% to $24.94, exceeding its 52-week high of $24.16. The company reported 2010 Q4 revenue of $9.7 bln, ahead of the analyst view of $9.57 bln on Thomson Reuters. EPS was $0.36 and $0.35 per share, e
Dell (DELL) advances almost 7%, after topping Q4 earnings expectations and meeting revenue estimates.
The computer firm posted revenue of $15.7 bln, in line with Street estimates.
Brian L. Roberts, Chairman and Chief Executive Officer of Comcast Corporation, said, "I am pleased to report healthy results for 2010, marked by accelerating growth during the year and real strength in financial and customer metri
Comcast Corp. (NASDAQ:CMCSA) reported Q4 net income attributable to the company of $0.36 per share and net income attributable to the company, ex-items, of $0.35 per share. On average, analysts expected EPS of $0.32. Revenues for
Monday, February 14th kicks off earnings reports from MGM Resorts (MGM) before the opening bell and Agilent Technologies (A), Marriott (MAR), and FMC Technologies (FTI) after market close. No major economic reports are scheduled f
On Tuesday, February 15th, you can expect Sirius XM Radio's (SIRI) earnings report early on the morning. Rovi Corp (ROVI), Tesla Motors (TSLA), Allscripts Healthcare (MDRX), and Dell (DELL) will be reporting their earnings in the
Comcast (CMCSA) announced today that it has signed a long-term agreement with Time Warner (TWX) that provides CMCSA digital cable customers with access to top-rated shows and movies from Turner Broadcasting System networks, includ
Good Morning. It's Monday, January 31, 2011. At this hour, U.S. equity futures are higher. Overseas, the Asian markets were lower, while the European markets are down. Alpha Natural (ANR) buys Massey Energy (MEE) for $8.5B, $6
The joint venture will be 51% owned by Comcast, 49% owned by GE and managed by Comcast. The transaction is expected to be completed by the end of January.
"Shares of Comcast (CMCSA) are higher after the cable giant said it received regulatory clearance from the Federal Communications Commission and the Department of Justice for its acquisition of NBC Universal from General Electric
The firm made the call after the Federal Communications Commission and the Department of Justice approved its acquisition of the controlling interest in NBC Universal from General Electric (GE).
Consumer shares are mixed in mid-session trading as McDonald's (MCD) advances on an RBC Capital upgrade. The firm made the move based on expected price increases that will help comps. Meanwhile, Comcast (CMCSA) shares are just hig
Comcast (CMCSA) shares are just higher after Bloomberg reports that the company's proposed merger with NBC Universal, which is currently owned by General Electric (GE), is close to approval by the Federal Communications Commission
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...