comcast corp-class a (CMCSA) Key Developments
Connecticut United for Research Excellence, Inc. Selects Comcast Corporation as Partner for Cure Innovation Commons
Jul 30 15
Comcast Corporation has announced that Connecticut United for Research Excellence Inc. (CURE), has selected Comcast as the founding technology network services partner for the CURE Innovation Commons, a 24,000sqft incubator in Groton, Connecticut, focused on advancing bioscience entrepreneurship and commercialization in the state. As part of this agreement, Comcast Business is providing the CURE Innovation Commons with 1 Gigabit-per-second (Gbps) Ethernet Dedicated Internet service. In addition to supporting both external network activity and all of the building's WiFi traffic, this Ethernet service will be integral to spurring new bioscience incubators on the Groton campus. Members will also receive access to Comcast Business VoiceEdge, a cloud-based voice and unified communications solution that helps keep entrepreneurs connected anytime, anywhere. These robust services available in Groton will not only exceed CURE's needs in performing cutting-edge life science research in the state, but will also allow the incubator to continue competing globally as an innovation leader in the bioscience field.
WinnCompanies and Comcast Partner on Fiber-Based Technology Services
Jul 29 15
WinnCompanies and Comcast Corporation have announced a 10-year collaboration to upgrade more than 30 of Winn's multi-family communities located in the Greater Boston, Connecticut, Pittsburgh and Washington D.C. areas with fiber-based technology services.
Comcast Corporation and Discovery Communications Renew Long-Term, Comprehensive Distribution Agreement
Jul 27 15
Comcast Corporation and Discovery Communications announced a long-term, comprehensive renewal of its distribution agreement that will deliver Discovery's 12 U.S. networks to Comcast's Xfinity TV customers across the nation. The renewal also includes TV Everywhere rights, ensuring Xfinity TV customers have access to their favorite Discovery brands and programs on multiple platforms, both in and out of the home.
Comcast Corporation Declares Quarterly Dividend Payable on October 28, 2015
Jul 23 15
Comcast Corporation announced that its Board of Directors declared a quarterly dividend of $0.25 a share on the company’s common stock. The quarterly dividend is payable on October 28, 2015 to shareholders of record as of the close of business on October 7, 2015.
Comcast Corporation Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
Jul 23 15
Comcast Corporation reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income attributable to company of $2,137 million or $0.84 per diluted share on revenue of $18,743 million compared to net income attributable to company of $1,992 million or $0.76 per diluted share on revenue of $16,844 million reported a year ago. Operating income was $4,105 million compared to $3,804 million reported a year ago. Income before income taxes was $3,488 million compared to $3,259 million reported a year ago.
For the six months, the company reported net income attributable to company of $4,196 million or $1.65 per diluted share on revenue of $36,596 million compared to net income attributable to company of $3,863 million or $1.47 per diluted share on revenue of $34,252 million reported a year ago. Operating income was $7,995 million compared to $7,372 million reported a year ago. Income before income taxes was $6,890 million compared to $6,315 million reported a year ago. Net cash provided by operating activities was $8,834 million compared to $7,547 million reported a year ago. Capital expenditures were $3,697 million compared to $3,246 million reported a year ago.