comcast corporation

Rep. Black Buys Comcast, Rep. Peters Sells APCO, Sen. Hoeven Buys Boeing

Even while Congress is legislating and providing oversight of the executive branch and government agencies, members of Congress are buying and selling stocks, according to new periodic disclosure reports of financial transactions required by the Stop Trading on Congressional Knowledge (Stock) Act.  

Rep. Diane Black, R-Tenn.,  the 14th richest member of Congress, reported her spouse bought $50,001 to $100,000 of Comcast Corporation on April 1st, and bought another $50,001 to $100,000 of Comcast on April 3rd. Black's spouse also bought $1,000,001 to $5 million of York Capital Management on March 31st. On April 3rd, he bought $100,001 to $250,000 of Unilever and the same amount of Zoeis Inc. on April 3rd.  

Comcast and Time Warner Cable Spend $5 Million Lobbying in Q1

Two communications companies hoping to gain government approval of the planned merger of their operations, have reported spending $5.02 million lobbying the federal government in the last three months, according to new federal reports.  

Comcast Corporation,  the largest mass media and communications companyreported  spending $3,090,000 lobbying the federal government on all their issues during the first three months of 2014, a decrease from the $4,780,000 spent in the fourth quarter of 2013. During all of 2013, they spent $18,710,000 lobbying. Comcast is also the largest U.S. cable provider.  

Hot Topics Bring Contributions to Capitol Hill

When issues become hot topics for legislation or oversight by members of Congress, campaign contributions tend to flow to Capitol Hill.  

Early filings of January financial activity by companies and organizations with political action committees (PACs) show that American Crystal Sugar Company PAC and Comcast Corporation/NBCUniversal PAC-Federal were in the top group of contributors. Campaign finance reports are due to be filed by close of business Thursday.