US eases some restrictions on China's Huawei, reportedly halting Google's plans to cut access [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
The U.S. government on Monday temporarily eased some trade restrictions imposed last week on China's Huawei, a move that sought to minimize disruption for the telecom company's customers around the world. The U.S. Commerce Department will allow Huawei Technologies to purchase American-made goods in order to maintain existing networks and provide software updates to existing Huawei handsets. The company is still prohibited from buying American parts and components to manufacture new products without license approvals that likely will be denied. The new authorization is intended to give telecommunications providers that rely on Huawei equipment time to make other arrangements, U.S. Secretary of Commerce Wilbur Ross said in a statement. The authorization, which is in effect for 90 days, suggests changes to Huawei's supply chain may have immediate, far-reaching and unintended consequences for its customers. "The goal seems to be to prevent internet, computer and cell phone systems from cr
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- Comcast Co. (NASDAQ: CMCSA) had its "neutral" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $45.00 price target on the stock.MarketBeat
CMCSA
Earnings
- 4/25/24 - Beat
CMCSA
Sec Filings
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/25/24 - Form 10-Q
- CMCSA's page on the SEC website