Streaming giant, Netflix, Inc. (NASDAQ:NFLX) recently announced that a deal with cable provider, Comcast Corporation (NASDAQ:CMCSA) that will allow Netflix to gain faster speeds and more reliable streaming services to its customers. In essence, with Netflix connecting its content to Comcast’s network, streamers of the service will have a faster and more reliable connection, as the connection gets rid of a “middle layer, speeding the video to the end-user”. Comcast Corporation (NASDAQ:CMCSA) stock opened at $51.26 in last session, and closed at $50.77, while the day range of Comcast Corporation (NASDAQ:CMCSA) stock is $50.19 – $51.46. The stock showed a positive weekly performance of -5.16%.
Viacom Inc. (NASDAQ:VIAB) home to premiere global media brands, and Logo TV, Viacom’s television, digital and social brand focused on the LGBT community will visit the NASDAQ Market Site in Times Square. Viacom, Inc. (NASDAQ:VIAB) stock opened at $87.20 in last session, and closed at $86.43 by losing -0.63%. The 52 week range of $57.13 – $88.17. Company’s market capitalization is $38.45B.
Twenty-First Century Fox (NASDAQ:FOX) stock had its “hold” rating reaffirmed by Morningstar in a research note issued on Wednesday, AnalystRatingsNetwork.com reports. Twenty-First Century Fox Inc. (NASDAQ:FOXA) stock increased 0.06% and finished the last session at $33.19. The EPS of the stock remained 2.26. Company’s market capitalization is $75.64B.
Comcast Corp. will buy Time Warner Cable Inc. (NYSE:TWX) for about $45.2 billion in a deal that would combine the nation’s top two cable TV companies and create a dominant force in creating and delivering entertainment,” reported The Associated Press Feb. 13. Time Warner Inc. (NYSE:TWX) stock opened the session at $64.90, and closed the session at $64.78. The 52 week range of the Time Warner Inc. (NYSE:TWX) stock remained $51.62 – $70.77 and the day range was $64.53 – $65.25.