Announcements of company spinoffs boost the value of stock prices in the near term. Yet over the long term, the value of the spinoff's shares must deliver growth on the top and bottom line for the go
The "Halftime Report" traders give their top picks to watch for the second half.
Comcast's new film "Five Nights at Freddy's" offers up a compelling template for the cable giant to exploit. Its success shows that day-and-date can work, but probably only for projects that can reson

Media stocks pop as Roku rally lifts the sector

03:21pm, Thursday, 02'nd Nov 2023
Wall Street celebrated Roku's third quarter-report, in which the company reported strong trends in content distribution and advertising.

Disney to buy out Comcast's Hulu stake for $8.61B

03:11pm, Thursday, 02'nd Nov 2023
Disney (DIS) is officially set to acquire Comcast's (CMCSA) 33% stake in Hulu for $8.61 billion, granting full ownership of the streaming platform to the House of Mouse. The two companies will now ent

Navigating the streaming landscape

03:10pm, Thursday, 02'nd Nov 2023
CNBC's Julia Boorstin joins 'Power Lunch' to report on the latest news with streaming companies.
Zacks Cable Television industry participants like CMCSA, CHTR, CABO & DISH are benefiting from growing demand for high-speed Internet and increased media consumption amid cord-cutting.
CNBC's Andrew Ross Sorkin reports on the latest developments in the battle for streaming dominance.

7 A-Rated Tech Stocks to Buy for November

06:40am, Thursday, 02'nd Nov 2023
Last year wasn't the best year for tech stocks. Some of the biggest names on Wall Street stumbled through the year as companies that were flush with growth during the Covid-19 pandemic adjusted to lea

Disney to buy remaining third of Hulu from Comcast

10:00pm, Wednesday, 01'st Nov 2023
Walt Disney on Wednesday began its formal acquisition of Comcast's one-third stake in Hulu, which would result in Disney's full ownership of the streaming service.

Disney buying remaining Hulu stake from Comcast

05:27pm, Wednesday, 01'st Nov 2023
CNBC's Julia Boorstin joins 'Closing Bell Overtime' with the latest on Disney's purchase of Comcast's stake in streaming platform Hulu.
Under the terms of the arrangement, Disney expects it will pay Comcast's NBC Universal about $8.61 billion by Dec. 1.
The company will pay more than $8 billion for Comcast's portion of the streaming service.
Walt Disney Co. officially plans to buy the remaining 33% stake in Hulu that it doesn't own, the company said Wednesday afternoon.
Walt Disney on Wednesday formally began the process of buying Comcast's one-third stake in Hulu, a deal that will give Disney full ownership of the streaming service and freedom to incorporate it into
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