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SKYAY News

Comcast Tops Q3 Earnings Forecast After $40 Billion Sky Deal

Comcast posted stronger-than-expected third-quarter earnings as the biggest U.S. cable company prepares to take on Disney and Netflix in the global streaming market following its takeover of Britain's Sky.

Global Stock Sell-Off Wipes Trillions From Markets; US Futures Look To Rebound

Global stocks were awash with red in overnight trading Thursday, loping billions in value from equity markets around Asia following last night's late-trading collapse on Wall Street which has erased year-to-date gains for benchmarks around the world amid concerns over weakening U.S. earnings growth, rising geo-political tensions and the unknown outcome of trade disputes between Washington and its major economic partners.

British Regulator Warns Comcast to Maintain Editorial Independence at Sky News

U.K. Culture Minister Jeremy Wright wants Sky News to maintain its editorial independence from new owner Comcast.

Comcast Pauses 2019 Stock Buyback to Focus on Post-Sky Debt Reduction

Comcast said Monday that it will pause its stock buyback program next year as it focuses on debt reduction in the wake of its $40 billion acquisition of Britain's Sky Plc.

Comcast Snaps Up 30% of Sky But Questions Over $40 Billion Price Tag Linger

Comcast rebounded modestly Tuesday after the group said it had acquired around 30% of the outstanding shares of Britain's Sky since winning the right to buy the broadcaster in a in three round auction that topped rivals Disney and Fox but raised investor concern over the $40 billion price tag.

Breaking News

Roe Decision Forces Disney, Netflix to Take a Political Stand

Disney, JP Morgan Chase, and outgoing Meta COO Sheryl Sandberg are just a few speaking out against the ruling.

Netflix Lays Offs More Employees To Cut Costs

Netflix layoffs continue as the streaming giant executes a plan to cope with slow revenue growth.

These Five Things Could Help (or Hurt) Internet Stocks

Bank of America analysts outline some of the biggest issues facing Amazon, Alphabet, Meta and other internet-related stocks.