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Comcast Boosts Quarterly Dividend 6.9%; Approves New $15 Bln Share Buyback - Update
(RTTNews) - While reporting financial results for the fourth quarter on Thursday, Comcast Corp. (CMCSA) increased its dividend by $0.08, or 6.9% year-over-year, to $1.24 per share on an annualized basis for 2024.
The Board of Directors declared a quarterly cash dividend of $0.31 a share on the company's common stock, payable on April 24, 2024, to shareholders of record as of the close of business on April 3, 2024.
In addition, Comcast announced that its Board of Directors also approved a new share repurchase program authorization, effective as of January 26, 2024, of $15 billion, which does not have an expiration date.
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Comcast Swings To Profit In Q3, Results Top Estimates
Comcast Corp. on Thursday reported a profit for the third quarter compared to a loss last year, reflecting revenue growth as well as lower costs and expenses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations.
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Pred 671 dňami
Comcast Q4 Profit Edges Down, Bur Results Top Estimates
Comcast Corp. on Thursday reported that profit for the fourth quarter edged down 1.1 percent from last year, reflecting higher costs and expenses. Both adjusted earnings per share and quarterly revenues topped analysts' expectations. The company also declared a 7.4 percent higher quarterly dividend.
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Pred 944 dňami
Sensex Nifty Decline On Tariff Worries
Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.
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Pred 24 minútami
European Economic News Preview: Eurozone Economic Sentiment Data Due
Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.
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Pred 25 minútami
Australian Market Trims Early Losses In Mid-market
The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.
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Pred 1 h 51 min
Asian Markets Trade Mostly Higher
Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.
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Pred 2 h 6 min
Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect
Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.
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Pred 2 h 37 min
Swiss Market Settles Modestly Higher
The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters.
The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.
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Pred 2 h 48 min
