Comcast's 'Jurassic World' Crushes Box Office, Vodafone Names CEO for German Business

NEW YORK (TheStreet) -- Comcast (CMCSA) edged higher after its blockbuster movie Jurassic World was primed to reach $1 billion in box office receipts in record time. Vodafone (VOD) jumped after naming a new CEO for its German operations.

Comcast rose 0.76% to close at $60.97.

The cable and entertainment company advanced as box office figures over the weekend rolled in. The film, which hit theaters on June 12, has generated approximately $981 million worldwide. That set the movie up to break the current record held by Fast 7, which hit the $1 billion dollar market in 17 days.

During its second weekend in U.S. theaters, 'Jurassic World' captured $106.6 million in box office receipts, according to an Associated Press report. Its opening weekend generated $208.8 million, also a record.

Vodafone jumped 1.7% to end the session at $37.59.

The telecommunications company rose following its announcement that it had appointed Hannes Ametsreiter as CEO of its German operations. He will take the position effective Oct. 1, pending approval from Vodafone's supervisory board of directors.

Ametsreiter formerly served as CEO of Telekom Austria, but announced unexpectedly last week that he was resigning from that role, according to an Associated Press report

The incoming CEO for Vodafone's German operations served as CEO of Telekom Austria since 2009 and played a key role in moving the telecommunications company through its acquisition last year by America Movil, which is a Carlos Slim carrier, according to Associated Press.

This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.

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