Comcast's takeover bid for Sky receives boost from Culture Secretary
Britain’s culture secretary Matt Hancock said the proposed merger between Sky and Comcast "does not raise concerns in relation to public interest considerations"
Company
Comcast Corporation
NASDAQ:CMCSA
Comcast Corporation is a global media and technology company. The company provides broadband, wireless and video through Xfinity, Comcast Business and Sky; produce, distribute, and stream entertainment, sports, and news through brands, including NBC, Telemundo, Universal, Peacock and Sky; and brings theme parks and attractions to life through Universal Destinations and Experiences. Comcast Corp operates through two primary businesses, namely Connectivity & Platforms and Content & Experiences
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Investments and investor services
FTSE 100 propelled to new record close as pound weakens and Dow Jones breaches 25,000
FTSE 100 reached a new record close on Monday after achieving it last time on Thursday
Sky deputy chairman to focus on broadcaster’s takeover as Glencore grants him leave of absence
Sky is in the middle of a complex takeover battle, with 21st Century Fox, Disney and Comcast all looking to acquire the broadcaster
Twenty-First Century Fox misses on fiscal 3Q earnings, beats on revenue helped by cable TV segment
The company is in the process of selling off many of its assets in a deal with The Walt Disney Co
Comcast reportedly seeking support from banks to start a bidding war over 21st Century Fox assets
Rupert Murdoch may well like the idea of a bidding war for the assets he has agreed to sell to Walt Disney but as the Scots might say, Walt disnae ...
UK government to deliver its verdict on 21st Century Fox’s bid for Sky by June 13
The Competition and Markets Authority sent its assessment of the likely impact of the deal to UK media secretary Matt Hancock on Tuesday, giving him 30 working days to make a decision
Investments and investor services
The only way is down for equities as bond yields top 3%
The yield on US Treasury notes has risen above 3%, putting a bit of vim into the greenback. Equities, however, were set for another gloomy session with the Dow tipped to shed almost 100 points
Sky pulls recommendation for Fox takeover bid after higher offer from Comcast
Comcast said its offer of £12.50 per share for Sky represents a 16% premium to Fox’s £10.75 per share proposal
Sky delivers strong quarter ahead of expected Fox-Comcast bidding war
Sky said it remains on track for the full year but expects the consumer environment to "remain challenging"
Takeover regulator rules Walt Disney must make offer for whole of Sky if it succeeds in buying 21st Century Fox assets
The Takeover Panel also said Disney must match Fox's 1,075p a share takeover offer for the shares in Sky it does not already own
It’s a snow joke! Comedian Byron Allen snaps up Weather Channel for US$300mln
Allen, through his Entertainment Studios film and TV company, is buying “one of the most trusted and extremely important cable networks” in North America
21st Century Fox brings in Citibank to help finance Sky takeover
Bank of America had been among the original group of banks lined up to finance the US$15.5bn takeover, but its Merrill Lynch division is acting an advisor to Comcast, which recently unveiled a rival bid for Sky
Sky shares come down to earth a little as two brokers make diverse moves after Comcast bid
Liberum Capital upgraded its rating for the pay-TV group to ‘buy’ from ‘hold’ and increased its price target for the stock to 1,250p from 970p
Macy's Inc, Sempra Energy, Comcast Corp, Walt Disney Co and more - PRE-MARKET
Macy's is expected to report quarterly earnings before the bell
Here’s the news: Sky gets surprise £22.1bn cash bid from Comcast, trumping Rupert Murdoch's Fox offer
Comcast, which owns NBC and Universal Pictures, said in a statement that it is offering 1,250p per share to Sky investors, significantly higher than the 1,075p a share Fox bid
Investments and investor services
US stocks close strong, extend two-day win streak
CSRA shares surge more than 30% after a bid by General Dynamics
Fox stock seen higher on rumours Comcast may return with new approach
Disney's takeover has yet to be completed, whereas the WSJ suggested Comcast may return with a new approach
Strong demand for its high-speed internet helps Comcast beat Wall Street estimates with fourth quarter results
The addition of 350,000 new high-speed internet customers and a solid performance from the theme parks business more than offset a fall in video subscribers
The Boeing Company, Comcast, Twenty-First Century and more - AFTER HOURS
A look at some highlight stocks after hours in New York on Tuesday
Disney becomes sole suitor to buy Fox assets after Comcast bows out of bid
Disney is expected to announce it will acquire Fox’s assets as soon as this week