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Fly News Breaks for September 12, 2017
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
Dec 10, 2017 | 18:50 EDT
Disney (DIS) and Pixar's "Coco" remained number one in its third weekend, grossing another $18.3M for a domestic total of $135.5M. Overseas, the movie earned another $55.3M for a foreign cume of $253M. "Coco", which tells a story about the popular Mexican holiday Dia de Los Muertos, received an A+ CinemaScore and 96% from Rotten Tomatoes. BOX OFFICE RUNNERS-UP: Warner Bros.' (TWX) "Justice League" came in second once again, ending the weekend with $9.6M for a total of $212.1M to date. Behind it was Lionsgate's (LGF.A) "Wonder," with 8.5M from 3,519 theaters in its fourth weekend. James Franco's "The Disaster Artist" placed number four, earning $6.4M from 840 theaters. Rounding out the top five, Disney and Marvel Studios' "Thor: Ragnarok" ended the weekend with $6.3M for a cume of $301.2M. Other publicly traded companies in filmmaking include Viacom (VIAB), Sony (SNE), 21th Century Fox's (FOXA) and Comcast (CMCSA; CMCSK).
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