Comcast NEGOTIATING Hulu Stake and 4 Stocks Boasting 52-Week Highs
Comcast Corp. (NASDAQ:CMCSK): A source states that Hulu CEO Jason Kilar has no contracts and negotiations to re-sign him have not begun, reports Business Insider. Talks have been delayed apparently because Disney (NYSE:DIS), News Corp (NASDAQ:NWSA) and Comcast (NASDAQ:CMCSA) are in discussions with Providence Equity regarding the buy out of its Hulu stake. Sources state that Kilar would like to remain CEO, and other sources state that the parent companies of Hulu “are not certain” they want him to stay. The shares closed at $32.38, down $0.01 or 0.03% on the day. They have traded in a 52-week range of $19.19 to $32.50.
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Cinemark Holdings (NYSE:CNK) has announced plans to build a 9-screen, all-digital movie theater featuring the new Cinemark NextGen design concept of the company in the Los Angeles area. The Runway at Playa Vista development should be located in the Playa Vista neighborhood, south of Santa Monica. The shares closed at $24.27, up $0.11 or 0.46% on the day. They have traded in a 52-week range of $17.10 to $24.45.
Capital One Financial (NYSE:COF): There was a comment made regarding the Q2 earnings conference call. The shares closed at $56.37, up $1.48 or 2.7% on the day. They have traded in a 52-week range of $35.94 to $57.49.
Cvb Financial Corp. (NASDAQ:CVBF): The credit loss allowance fell to 91.1 million on June 30. The shares closed at $11.58, down $0.17 or 1.45% on the day. They have traded in a 52-week range of $7.28 to $11.97.
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