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Fly News Breaks for September 12, 2017
CMCSA
Sep 12, 2017 | 07:45 EDT
As previously reported, MoffettNathanson upgraded Comcast to Buy from Neutral with a $45 price target. Analyst Craig Moffett said Comcast shares cheap following management comments on Q3 subscriber loses and the resulting stock selloff is overdone.
News For CMCSA From the Last 2 Days
CMCSA
Oct 16, 2017 | 08:55 EDT
Friday's total option volume of 16.4 million contracts resulted in net open interest growth of 2.55 million calls and 2.75 million puts. AT&T (T), JD.com (JD), Micron (MU) and Comcast (CMCSA) saw the greatest growth. Top five new positions opened include 28k MBIA (MBI) Feb-18 9 puts, 25k Comcast (CMCSA) Nov-17 37.5 calls, 24k Blue Apron (APRN) Jan-18 8 calls, 24k Blue Apron (APRN) Jan-18 8 puts and 20k Intel (INTC) Feb-18 41 calls.
CMCSA
Oct 15, 2017 | 20:01 EDT
Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Tesla (TSLA) has fired hundreds of workers after completing its annual performance reviews, according to the Associated Press. The company confirmed the cuts but did not disclose how many of its workers jettisoned, the publication added. 2. Responding to the protest over actress Rose McGowan being banned from the service, Twitter (TWTR) CEO Jack Dorsey promised to improve the social media platform's abuse and safety rules. In a series of tweets, the executive said "[...] Today we saw voices silencing themselves and voices speaking out because we're *still* not doing enough. [...] 6/ We decided to take a more aggressive stance in our rules and how we enforce them. [...] 7/ New rules around: unwanted sexual advances, non-consensual nudity, hate symbols, violent groups, and tweets that glorifies violence. [...] 8/ These changes will start rolling out in the next few weeks. More to share next week." 3. With China Single's Day - the biggest shopping day of the year - less than a month away, investors looking for growth stocks in the country may want to look to JD.com (JD), its number two online retailer after Alibaba (BABA), Jack Hough wrote in this week's edition of Barron's. JD.com stock could gain 30% or more in the next year, he added. 4. Universal (CMCSA) and Blumhouse's "Happy Death Day" ended its debut weekend with a strong $26.5M from about 3,150 theaters as Halloween approaches. The horror-thriller, directed by Christopher Landon and rated PG-13, got a 66% from Rotten Tomatoes. 5. Dominion Energy (D), SoftBank (SFTBF) and Wal-Mart (WMT) saw positive mentions in Barron's.
CMCSA
Oct 15, 2017 | 18:53 EDT
Universal (CMCSA) and Blumhouse's "Happy Death Day" ended its debut weekend with a strong $26.5M from about 3,150 theaters as Halloween approaches. The horror-thriller, directed by Christopher Landon and rated PG-13, got a 66% from Rotten Tomatoes. BOX OFFICE RUNNERS-UP: Distributed by Warner Bros. (TWX) and Sony Pictures (SNE), "Blade Runner 2049" followed at number two, with $15.1M in its second weekend for a domestic cume of $60.6M. Behind it was STXfilms' "The Foreigner," earning $12.8M from 2,515 theaters. New Line Cinema and Warner Bros. horror movie "It" came in fourth with $6.1M. Rounding out the top five, Fox 2000 (FOXA) and Chermin Entertainment's "The Mountain Between Us" ended Sunday with an estimated $5.7M for a domestic total of $20.5M. Other publicly traded companies in filmmaking include Lionsgate (LGF.A), Viacom (VIAB; VIA) and Walt Disney (DIS).
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