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21,066 signal articles · 543 in last 24h · 103,602 total before filter · latest 10m ago
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Disney Selling 50% A+E Stake To Hearst For More Than $1B
MediaPost5d agobearish
Disney Selling 50% A+E Stake To Hearst For More Than $1B

The midsized cable TV network group, including A&E Network, History Channel, Lifetime, Vice TV and others, would now be 100% owned by Hearst. The deal is expected to be finalized at the same time as Disney's quarterly earnings release on August 5.

Comcast (CMCSA) Stock Could Be A Bargain After A 47% Fall
Simply Wall St.6d agobearish
Comcast (CMCSA) Stock Could Be A Bargain After A 47% Fall

Comcast stock has had a tough run over the last few years, yet the current valuation checks still lean in its favour. After years of weak share price performance, the question for investors is whether the recent business momentum in media and connectivity is now better reflected in the price. Comcast shares are down 46.7% over 5 years, which means long term holders have seen a significant erosion in value even as the business continues to evolve. Growth in media assets like Peacock and...

Has Comcast (CMCSA) Fallen Too Far To Be Undervalued?
Simply Wall St.35d agobearish
Has Comcast (CMCSA) Fallen Too Far To Be Undervalued?

Comcast stock has fallen sharply over the past few years, yet on current checks it still screens as cheap. This sets up a clear tension between weak share price performance and what the valuation metrics are implying today. Over the past 5 years Comcast has delivered a total return of about 46.5% in decline, which means long term holders have seen substantial value eroded even before factoring in the latest swings in sentiment. Planned moves like spinning off NBCUniversal and Sky into a...

Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit
24/7 Wall St.37d agobearish
Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit

U.S. telecom and media giants are moving in opposite directions in midday trading. Comcast (NASDAQ:CMCSA) stock is up 7% to $24.76, while AT&T (NYSE:T) stock is down 5% to $21.52, and Verizon (NYSE:VZ) stock is down 7% to $43.29. The split reflects three distinct catalysts hitting the sector at once. Comcast is rallying on a ... Telecom Turmoil: Comcast Rises 7% on Media Spinoff, AT&T Falls 5% on CFO Exit and Starlink Threat, Verizon Sinks 7% on Dow Exit

Investing.com37d agobearish
Verizon falls 7%, AT&T hits 52-week low as SpaceX and cable rivals converge

Investing.com -- Verizon Communications Inc (NYSE:VZ) is trading 7.6% lower at $43.02 and AT&T Inc (NYSE:T) has touched its 52-week low of $21.29, sliding 5.8% to $21.41, as three separate competitive threats collided on Monday to rattle investor confidence in legacy US telecom carriers. T-Mobile US Inc (NASDAQ:TMUS) is also under significant pressure, trading down 6% at $171.78 and testing its 52-week low of $169.00, making it the worst performer among the three carriers on a one-year basis wit

Charter and Comcast rival files Chapter 11 bankruptcy
TheStreet58d agobearish
Charter and Comcast rival files Chapter 11 bankruptcy

When cable television first rolled out across the United States, the major players, which included current leaders Comcast and Charter Communications, worked with communities on an exclusive basis. One of those companies agreed with each community on a deal to build out the needed cable ...

How The Story On Charter Communications (CHTR) Is Shifting After Price Target Cuts
Simply Wall St.77d agobearish
How The Story On Charter Communications (CHTR) Is Shifting After Price Target Cuts

Charter Communications is under closer scrutiny after a revised fair value estimate of about US$245.31, down from roughly US$275.47, trimming around 11% from the modeled intrinsic value per share. Those changes sit alongside a wave of Street price target cuts of US$20 to US$60, as analysts incorporate more cautious revenue assumptions into their models. Read on to see how to interpret these moves and keep up with the evolving narrative around Charter’s stock. Stay updated as the Fair Value...