Comcast Corp is a global telecommunications conglomerate that primarily operates in the media and entertainment sectors. The company provides a wide range of services, including high-speed internet, cable television, and digital voice services, primarily to residential customers. In addition to its telecommunications operations, Comcast owns and operates NBCUniversal, which encompasses a diverse portfolio of news, sports, and entertainment networks, as well as film production and theme parks. Through its various businesses, Comcast aims to deliver innovative technology and compelling content, connecting customers to the entertainment they love and the communications they rely on. Read More
Comcast Spectacor and Harris Blitzer Sports & Entertainment (HBSE) today announced the world-class sports and entertainment venue in South Philadelphia – the current home of the National Hockey League’s Philadelphia Flyers, National Basketball Association’s Philadelphia 76ers, college basketball, premier global concerts, and entertainment events – will be renamed Xfinity Mobile Arena, effective September 1, 2025, through the 2030-2031 season.
Comcast Business today announced it is the number one ranked U.S. provider of Managed SD-WAN services for the first time, surpassing AT&T, according to Vertical Systems Group’s 2024 U.S. Carrier Managed SD-WAN Services Leaderboard. Additionally, Comcast Business has been recognized as the fastest-growing provider in this segment, climbing from eighth place in 2018 to its current leadership position, based on the number of installed customer sites. Comcast Business now holds the largest share of the U.S. managed software-defined wide area network (SD-WAN) market and continues to see strong growth for secure SD-WAN as enterprise customers pursue more integrated networking and cybersecurity solutions.
The Federal Reserve is expected to hold interest rates steady, even as President Donald Trump continued to pressure Chair Jerome Powell last week to slash the rates amid rising trade-related risks.
VIRGINIA BEACH, Va. - May 5, 2025 - PRLog -- Schonfeld & Associates, a publisher of business information products for over 40 years, has released the 2025 edition of SG&A Benchmarks for the Transportation, Communications, Utilities industry sector. The report is a convenient source of information for professional managers seeking benchmark information on Selling, General & Administrative spending by major public corporations within the sector. Metrics for public companies provide important insight for other firms within the sector. SG&A expenses are all the direct and indirect selling expenses and all general and administrative expenses. SG&A expenses are also called Operating Expenses. Frequently, SG&A to Sales ratios are used to judge efficiency of management spending.Benchmarks for SG&A spending are hard to find. Averages may be available but are generally too broad to be useful. Within SG&A Benchmarks, the sector summary charts provide side by side comparison of annual median values for each industry within the sector for 2021-2024 as well as a chart of 10%ile, median and 90%ile values of SG&A to Sales ratio for 2024 by industry to illustrate the range of values reported by firms within each industry. To account for SG&A spending practices varying by size of revenues, individual companies are grouped based on fiscal 2024 sales. The detailed tables for each of the individual industries are presented with the companies in three groups as defined by sales of less than $100 million, sales between $100 million and $1 billion, and sales of more than $1 billion. The information presented for each company includes: fiscal 2023 and fiscal 2024 SG&A as a percentage of sales, annual percentage growth rate in SG&A spending and in sales, total sales for fiscal 2024 and headquarters location. Comparing the growth rate of SG&A expenses and sales gives a snapshot of where the profitability of the firm may be heading.The Transportation, Communications and Utilities sector reports SG&A spending information for over 350 publicly traded companies in eight industries: Railroad Transportation (including Union Pacific, Burlington Northern Sante Fe, CSX Transportation), Motor Freight Transportation (Including J.B. Hunt, United Parcel Service, Knight-Swift Transportation Holdings), Water Transportation (including Royal Caribbean, ZIM Integrated Shipping Services, Norwegian Cruise Lines), Transportation by Air (including FedEx, Delta Air Lines, United Airlines Holdings), Pipelines except Natural Gas (including Plains All American Pipelines, Enbridge), Transportation Services (including C.H. Robinson Worldwide, XPO Logistics), Communications (including AT&T, Verizon, Comcast, T-Mobile), and Electric, Gas and Sanitary Services (including Waste Management, Kinder Morgan).This report will benefit anyone seeking competitive benchmark intelligence including corporate staff, financial analysts, investment professionals, lenders, M&A advisors, appraisers and industry consultants.Visit https://saibooks.com/product/sga-benchmarks-transportation/ for more information and to place a secure order for immediate download.
Broadband and telecommunications services provider WideOpenWest (NYSE:WOW) will be reporting earnings tomorrow before the bell. Here’s what investors should know.
A telltale financial update, a new milestone celebration, and a reimagined live-action take on a popular animated film will keep Disney busy in the month ahead.
Xumo, Comcast’s and Charter’s joint venture that offers consumers nationwide a simple, easy way to stream all their favorite shows and movies and proud partner of NASCAR, today announced that the NASCAR Channel, NASCAR’s official FAST (free ad-supported streaming TV) channel, will launch on Xumo Play. The channel offers race fans round-the-clock NASCAR content, including classic races, re-airs of the season’s events, original series, documentaries and more.
Comcast has gotten torched over the last six months - since November 2024, its stock price has dropped 22.2% to $33.90 per share. This may have investors wondering how to approach the situation.
Scotiabank upgrades T-Mobile US from Sector Perform to Outperform, citing strong wireless market and company's consistent loading and growth potential.
Comcast Corporation (Nasdaq: CMCSA) announced that on Thursday, May 15, 2025, Jason Armstrong, Chief Financial Officer of Comcast Corporation, will participate in the MoffettNathanson Media, Internet and Communications Conference.
Today, Universal Ads, which enables brands of any size to seamlessly create, buy, and measure ads across the premium video category, announced a new round of leading publishers have joined the platform, further strengthening the ability for brands to reach new, qualified audiences at scale, all in one place. The new publishers include Estrella MediaCo, Fuse Media, LG Ad Solutions, Scripps, Spectrum Reach, and Vizio. They join the first round announced at the launch of Universal Ads in January: A+E, AMC Networks, DIRECTV, Fox Corporation, NBCUniversal, Paramount, Roku, TelevisaUnivision, Warner Bros. Discovery, and Xumo.
Comcast Business is providing American Heritage Credit Union (American Heritage) with advanced connectivity solutions including Comcast Business Ethernet Network Services, Dedicated Internet, and Comcast Business Global Secure Networking and Voice services across 37 locations, including two newly opened branches in New Jersey. The solutions streamline operations and deliver an enhanced experience for the financial cooperative that serves more than 300,000 customers across Pennsylvania and New Jersey.
Yesterday, cable TV was a growth industry and Comcast Xfinity led the pack. Today, they are struggling to hang onto market share. They are losing customers to
Comcast Business, in partnership with Comcast Smart Solutions, today announced an expanded collaboration with Major League Soccer’s Real Salt Lake (RSL) and the Utah Royals FC (URFC) to elevate the fan experience at America First Field in Sandy, Utah. The newly deployed solutions enhance fan engagement and streamline content management in the stadium’s 33 private suites.
Today FreeWheel, a global technology platform built for the streaming advertising industry, introduced new capabilities to its industry leading software that strengthen the connection between buyers and sellers to improve the entire ad-supported TV experience. New tools in the FreeWheel Streaming Hub include advanced platform customizations, improved data signals and optimized bidding. As the largest CTV marketplace, FreeWheel is focused on simplifying media buying to allow more advertisers to find their audiences across premium video.
