Comcast Corp Stock Price, News & Analysis

Comcast Corporation (NASDAQ: CMCSA) will hold a conference call on October 28, 2021, at 8:30 a.m. ET, to discuss its third-quarter financial results. A press release detailing the results will be issued beforehand. Interested participants can join the call via the Investor Relations website or by phone at (833) 618-9487. The call will be available for replay starting at 12:00 p.m. ET the same day until November 4, 2021, at midnight ET. Comcast provides a range of media and technology services to millions across the United States and Europe.

The Comcast RISE Investment Fund is launching its second round, awarding $10,000 grants to 600 small businesses owned by people of color in cities like Houston, Miami, and Seattle. This initiative boosts total grants to $11 million since its inception in late 2020. Additionally, 1,100 businesses will receive marketing and technology support, bringing total awardees to almost 4,700. The program emphasizes long-term support for underrepresented entrepreneurs, aiming to drive positive community impact and enhance business growth.

Notion, a Comcast Company, has signed an exclusive agreement with Honey Insurance in Australia to offer smart home sensors that enhance property monitoring. Customers receive a free Smart Home Sensor Kit worth AU$250 and an 8% discount on their premiums upon activation. This partnership enables Honey Insurance to leverage Notion's technology to improve risk management for homeowners. Notion's sensors monitor for issues like water leaks and temperature changes, ensuring proactive management and reducing potential damages.

Comcast announces the premiere of the docuseries Founding in Color on September 9, 2021, airing on its Black Experience on Xfinity. This three-part series features nine Black and Latino founders discussing their personal journeys as entrepreneurs amidst race, identity challenges, and the recent global pandemic. The initiative aims to empower viewers by sharing diverse stories and promoting entrepreneurship in underrepresented communities. Comcast underscores its commitment to showcasing authentic Black and Latino narratives.

Comcast is expanding its broadband network in Preston County, West Virginia, with a project covering approximately 31 miles and reaching around 470 homes and businesses. The upgrade will allow Xfinity services access, including Internet Essentials for low-income families at $9.95 per month. This initiative follows a previous expansion in 2019 that served over 800 homes. Comcast has invested more than $15 billion in its national network and aims to connect over 48,000 low-income West Virginia residents through its Internet Essentials program, committing $1 billion for future connectivity efforts.

On September 22, 2021, Brian L. Roberts, Chairman and CEO of Comcast Corporation (Nasdaq: CMCSA), will participate in the Goldman Sachs 30th Annual Communacopia Virtual Conference. The event is set for 8:00 A.M. Eastern Time. A live webcast will be accessible on the Company's Investor Relations website. Afterwards, an on-demand replay will be available. Comcast is a leading global media and technology company, serving 57 million customer relationships across the U.S. and Europe through its Xfinity and Sky brands.

On September 14, 2021, Mike Cavanagh, CFO of Comcast Corporation (NASDAQ: CMCSA), will participate virtually in the BofA Securities 2021 Media, Communications & Entertainment Conference.

The event's live webcast will be available on the Company's Investor Relations website at www.cmcsa.com at 9:25 A.M. Eastern Time. An on-demand replay will follow shortly after the presentation.

Comcast Business announced it will acquire Masergy, a leader in software-defined networking and cloud platforms, enhancing its service offerings for global enterprises. The acquisition aims to drive growth among U.S.-based clients with multi-site operations. Masergy serves over 1,400 customers in nearly 100 countries, providing solutions like Managed SD-WAN and UCaaS. While the financial terms remain undisclosed, this move is expected to strengthen Comcast Business’s position in the enterprise market and improve service delivery.

JFF and Comcast NBCUniversal have announced a $500,000 partnership aimed at enhancing economic opportunities for Black learners and workers in technology. The initiative will focus on identifying effective practices and policies to improve educational and career outcomes. Currently, Black individuals represent 12.4% of the U.S. population but only 7.4% of the tech workforce. The partnership is part of Comcast's broader commitment to digital equity, which includes a $1 billion pledge to bridge the digital divide.