Wednesday, November 2, 2011

Comcast posts strong quarter...

Comcast Corp. (CMCSA). The cable operator posted a stronger quarterly profit, as its traditional cable business helped offset weaker results from two of its newer media properties, the NBC television network and Universal Pictures. It reported third-quarter net income of $908 million, or 33 cents a share. Revenue rose about 5 percent to $14.3 billion.

CMCSA stock is up slightly premarket.

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