Comcast Corp. (Nasdaq: CMCSA) saw second quarter sales up 3.5% and profits up 14.9% on its earnings release this morning (Tuesday), for an earnings-per-share (EPS) of $0.76. While Comcast sales were below analyst estimates, according to data from Yahoo! Finance, Comcast stock was still trading up in the morning 1.7% at $54.75.
comcast stock news
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The proposed $45.2 billion Comcast-Time Warner Cable deal will create a colossus within the cable industry bound to fill both consumer groups and regulators with dread, but it's not quite as scary as it looks. And the fact is, it just makes sense.