Seaport has raised Comcast's rating to "Buy."
Gelonghui, December 12 | Seaport Research Partners: Upgraded the rating of media group Comcast from "neutral" to "Buy," with a Target Price of $46.
Comcast expects to lose 0.1 million broadband customers this season, which is worse than expected.
On December 10, Glonghui reported that Dave Watson, head of the cable business at Comcast, the largest cable operator in the USA, revealed that the number of broadband users is expected to decrease by 0.1 million this season, which is worse than the market expectation of a decline of 0.063 million. While attending a UBS Group seminar, Watson stated that the competition in the broadband market is fierce, with a loss of about 0.1 million broadband users each quarter in the first half of the year. In the third quarter, due to the opening of the Paris Summer Olympics, the loss improved to 0.087 million, but in the fourth quarter, it reverted to the situation seen in the first half of the year. He pointed out that the customer churn situation has a slight negative impact on the average revenue per user (ARPU).
Comcast (CMCSA.US) fell by over 9% and is expected to lose more than 0.1 million broadband users in the fourth quarter.
On Monday, Dave Watson, the president of Comcast's (CMCSA.US) cable business, stated that due to ongoing intense market competition, the company expects to lose more than 100,000 broadband users in the fourth quarter. The stock fell over 9% recently. Watson pointed out that the fourth quarter is likely to reflect the situation of the first half of this year when the company lost nearly 100,000 customers each quarter. Even with the ongoing trend of cable television, he added that Comcast's broadband business remains stable in high-end internet package offerings.
Comcast (CMCSA.US) reached a distribution agreement with Warner Bros. Discovery (WBD.US).
Warner Bros. Discovery (WBD.US) and Comcast (CMCSA.US) announced the signing of an agreement that lays the foundation for the launch of the Max streaming service in Europe and resolves the controversy surrounding the upcoming Harry Potter television series. According to the agreement, the television network portfolio of Warner Bros. Discovery, including TNT, CNN, and Food Network, will be made available to subscribers of Comcast's Xfinity service in the USA as well as Sky in the United Kingdom and Ireland.
Caster: Interim report
Stocks with good taste seen from changes in volume etc.
Closing prices by stock and changes in volume *<7746> Okamoto Glass 167,504,451,900 *<9331> Caster 105,415,045,400 *<7782> Sincere 54,551,493,300 *<268A> Rigaku 116,061,283,8300 *<2375> GigWorks 30,877,186,000 *<7163> Sumitomo Mitsui Trust SBI Net silver 34,055,000,635,700 *<9235> Sellable Net Advertising 15,222,212,5500 *<9424> Japan communications 14,377,975.
The Tokyo Stock Exchange Growth Index rebounded slightly, moving in positive territory but with limited gains.
TSE Growth Market Index 813.87 +0.34 / volume 0.2 billion 39.98 million shares / trading value 121.9 billion yen TSE Growth Market 250 Index 634.38 +0.41 / volume 0.1 billion 42.47 million shares / trading value 86.4 billion yen. Today's growth market saw a slight rebound in the TSE Growth Market Index and TSE Growth Market 250 Index, with 251 rising stocks, 278 declining stocks, and 58 unchanged. Today's growth market exhibited a mixed trading scenario.
Caster: Financial Report - 10th Term (2023/09/01 - 2024/08/31)
Caster: Confirmation letter
Stocks hitting the upper or lower price limit in the afternoon session.
■Stocks with trading halted at the upper limit: Oltz <3242>, Urbanet Corporation <5247>, BTM <6525>, KOKUSAI ELECTRIC <6579>, Logly <7057>, N Sea N <7163>, Sumitomo Mitsui Banking Corporation SBI Net Bank <7746>, Okamoto Glass <9244>, Digital lyft inc <9331>, Caster ■Stocks with trading halted at the lower limit: Jay Frontier <5759>, Japan Electrolysis <9399>, Beat Holdings Limited ※Temporary halt
Express News | Comcast is reportedly going to spin off cable networks, including CNBC, into independent companies.
Express News | According to reports, comcast is about to announce the spin-off of its limited television network.
Caster Concepts Helps Reduce Workplace Noise With CasterShoX Wheels
U.S. stocks surged | Comcast rose more than 7% at one point, with Q3 revenue increasing by 12.3% year-on-year, exceeding expectations.
In the October 31st report from Grunt, comcast (CMCSA.US) initially rose more than 7.2% in early trading, reaching a high of $45.31; the gain has now narrowed to 2.6%. On the news front, comcast's Q3 revenue was $2.83 billion, a 12.3% year-on-year increase, exceeding the market's expected $2.75 billion; adjusted earnings per share were $1.12, compared to the market's expectation of $1.06. The company has indicated that it is considering spinning off its cable television network business into a new company. (Grunt)
Express News | Comcast delivered strong performance in the third quarter, considering divesting its cable television business.
comcast is considering spinning off its cable network business into a new company
On October 31st, Comcast announced on Thursday that it is considering spinning off its cable television network business into a new company. The company stated during the earnings conference call: "We are currently exploring the creation of a well-capitalized new company owned by our shareholders and composed of our strong cable television network portfolio, to seize opportunities in the ever-changing media landscape."
Express News | comcast's third-quarter theme park revenue decreased by 5.3%.
Express News | Comcast's third-quarter revenue increased by 6.5% compared to the same period last year; adjusted net income fell by 3.3%. Adjusted EBITDA decreased by 2.3%. Earnings per share (EPS) decreased by 4.2% to $0.94, with adjusted earnings per share increasing
Caster---In the fiscal year ending August 24, revenue was 4.44 billion yen, with strong performance in the WaaS business.
Caster <9331> announced its financial results for the fiscal year ending August 2024 on the 11th. Revenue was 4.44 billion yen, operating loss was 0.151 billion yen, ordinary loss was 0.158 billion yen, and net loss attributable to the parent company shareholder was 0.217 billion yen. Since consolidated financial statements have been prepared starting from the fiscal year ending August 2024, the year-on-year changes compared to the fiscal year ending August 2023 are not disclosed. Revenue from the WaaS business was 3.597 billion yen, and segment profit (operating profit) was 0.852 billion yen. This was mainly due to on-site efforts.
Ryohin Keikaku, operating profit up by 69.4% to 56.1 billion yen on August 24, financial estimates for August 25 showing a 2.0% decrease to 55 billion yen.
Ryohin Keikaku <7453> announced its financial results for the August 2024 period, with operating revenue increasing by 13.8% year-on-year to 661.677 million yen, and operating profit increasing by 69.4% to 56.135 million yen. Both operating revenue and each stage profit reached record highs. The improvement in operating gross profit margin was due to the effects of domestic price adjustments and the suppression of price reductions. For the August 2025 period, operating revenue increased by 10.9% year-on-year to 734 billion yen, while operating profit decreased by 2% to 55 billion yen.
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