Welcome to our dedicated page for Comcast news (Ticker: CMCSA), a resource for investors and traders seeking the latest updates and insights on Comcast stock.
Comcast Corporation, headquartered in Philadelphia, is the largest American multinational telecommunications and media conglomerate. With a core cable business servicing 63 million US homes and businesses, Comcast also owns NBCUniversal, Sky, CNBC, MSNBC, USA, Universal Studios, and more. Recently, Comcast announced a $1 million grant to The Arc of the United States to enhance digital equity and advocate for the IDD community.
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Comcast is expanding the Xfinity 10G Network to Milford, delivering its services to over 24,000 additional residents and businesses in New Haven County by the end of 2025. Construction is already underway, and interested individuals can check service availability at welcome2xfinity.com or visit the Xfinity Store in Derby. A resident expressed excitement about the expansion, praising the superior Xfinity products.
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Comcast Corporation (Nasdaq: CMCSA) announced that Jason Armstrong, Chief Financial Officer, will participate in the Morgan Stanley European Technology, Media & Telecom Conference. The event will be webcasted live on November 16, 2023, at 6:20 A.M. Eastern Time. An on-demand replay will be available afterwards. To receive Comcast financial news by e-mail, visit www.cmcsa.com and subscribe to E-mail Alerts.
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Comcast will provide $110,000 in grants to Raising Expectations and Inspiredu to support the launch of Connect 404, a Digital Navigator program in Atlanta. The program aims to help residents get connected to the internet and access digital skills training programs. The announcement is part of Comcast's initiative to advance digital equity and build a future of unlimited possibilities.
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Comcast Corporation has published its 2023 Green Bond Report, highlighting the allocation of proceeds from its $1 billion green bond issued in February 2023. $421.8 million of the net proceeds were allocated to key investment categories such as green buildings, clean transportation, energy efficiency, and renewable energy. Comcast aims to be carbon neutral by 2035 and has reduced its greenhouse gas emissions by 38% from 2019 to 2022.
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Comcast NBCUniversal celebrates Hispanic Heritage Month with its campaign 'Be the Next Story Told' ('El Futuro lo Escribes Tú'), highlighting the contributions of Hispanic and Latino communities. The campaign features special appearances by notable Latinos in the entertainment and news industry, and includes curated collections of bilingual and bicultural content on Xfinity. Comcast also partners with organizations to support digital equity and the growth of Hispanic-owned businesses.
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Comcast announces over $1 million in investment in digital equity grants to 16 organizations in Greater Boston. The grants will support programs to provide residents with Internet access and digital skill-building services. Comcast surprises Ethos with 120 new laptops. The funds will also support digital skills and workforce development opportunities. Recipient organizations will help residents learn about the Affordable Connectivity Program. Ethos will use the funds to support its Digital Aging Program for senior citizens.
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Comcast Business SecurityEdge™ blocked over 1.1 billion malware attacks, countered 1.1 billion bot attacks, and thwarted 395 million phishing attempts during the second quarter of 2023.
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Comcast Corporation declares quarterly dividend of $0.29 per share on common stock.
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Comcast Corporation reports strong financial results for Q3 2023, with double-digit growth in Adjusted EPS and solid revenue growth in connectivity businesses. Peacock paid subscribers and financial metrics improve compared to prior year. Theme Parks achieve highest Adjusted EBITDA on record. Consolidated revenue increases by 0.9%. Net Income attributable to Comcast is $4.0 billion, compared to a loss of $4.6 billion in the prior year. Adjusted Net Income increases by 6.2%. Adjusted EBITDA increases by 5.1%. Earnings per Share increases to $0.98, compared to a loss of $1.05 in the prior year. Capital Expenditures increase by 18.0% to $3.3 billion. Comcast returns $4.7 billion to shareholders through dividends and share repurchases.
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Comcast NBCUniversal named 2023 Leading Disability Employer by the National Organization on Disability
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FAQ
What is the current stock price of Comcast (CMCSA)?
The current stock price of Comcast (CMCSA) is $35.1 as of February 26, 2025.
What is the market cap of Comcast (CMCSA)?
The market cap of Comcast (CMCSA) is approximately 135.5B.
What is Comcast Corporation known for?
Comcast Corporation is the largest American multinational telecommunications and media conglomerate, offering television, internet, and phone services to millions of US homes and businesses.
What are some of Comcast's key acquisitions?
Comcast acquired NBCUniversal from General Electric in 2011 and Sky in 2018, making it a major player in the media and entertainment industry.
What recent initiative did Comcast announce with The Arc of the United States?
Comcast recently announced a $1 million grant to The Arc to enhance digital equity, support special education advocacy, and provide Spanish-speaking families access to resources.
How does Comcast support the IDD community?
Comcast supports the IDD community through initiatives like The Arc@School Special Education Advocacy Curriculum, Tech Coaching Centers, and targeted outreach to Hispanic communities.
What impact does Comcast's $1 million grant to The Arc have?
The grant will help The Arc enhance its data infrastructure, digital literacy programs, advocacy efforts, and support for Spanish-speaking families, empowering millions of people with disabilities across America.
What is Comcast's vision for digital equity?
Comcast's vision for digital equity is to ensure all individuals, including those with disabilities, have access to technology, skills training, and opportunities for independence and success.
How does Comcast collaborate with The Arc of the United States?
Comcast collaborates with The Arc to provide grants, translate educational resources into Spanish, conduct outreach to Hispanic communities, and support Tech Coaching Centers for people with IDD.
What is the significance of Comcast's partnership with The Arc?
Comcast's partnership with The Arc aims to break down barriers, create equity, and empower individuals with disabilities to thrive by providing access to education, technology, and advocacy.
How does Comcast contribute to social impact and corporate responsibility?
Comcast demonstrates social impact and corporate responsibility through initiatives like Project UP, which aims to advance digital equity, support the IDD community, and create a future of unlimited possibilities.
What are some key highlights of Comcast's recent activities?
Some key highlights of Comcast's recent activities include the $1 million grant to The Arc, support for Tech Coaching Centers, advocacy for special education, and empowering individuals with disabilities through technology and resources.
Comcast Corp
Nasdaq:CMCSA
CMCSA Rankings
CMCSA Stock Data
135.55B
3.72B
0.7%
87.2%
1.48%
Telecom Services
Cable & Other Pay Television Services
United States
PHILADELPHIA