Word: robertses
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Erecting a corporate monument is often the kiss of death. But Comcast leases the building, perhaps a more fitting tribute to Roberts, a suspenders-and-belt salesman who parlayed a tiny system in Tupelo, Miss., into the nation's largest cable-TV operation, with 24 million subscribers and $31 billion...
Despite not-bad first-half financial results, these are cautious times for Roberts and his son Brian, 49, the corporation's CEO. Cable companies like Comcast and Time Warner Cable (which is being spun off from Time Warner Inc., TIME's parent) are getting competition from all directions. As Brian...
Topping Roberts' list of challenges: calling Verizon's and AT&T's billion-dollar bets on delivering TV service through fiber-optic lines. Verizon has signed up 1.4 million video subscribers, a good many of them in the Northeast, where Comcast rules. By 2010, Verizon expects its video, phone and...
Then there's Wall Street. Comcast stock, priced not long ago at $18.35, is trading around 10-year lows. Until recently, some shareholders like Glenn Greenberg, whose Chieftain Capital Management owns 1.5% of the stock, had loudly argued that the company was underperforming. Their major concerns: Comcast was paying too...
Comcast got the message. The company is paying a 25¢-per-share dividend, buying back $7 billion in stock, paring capital expenditures and canceling a scheme to keep paying Ralph Roberts after he dies. Greenberg now says Comcast is coming around, "The company is doing what shareholders want in a...