Comcast's Profits Nearly Triple, Stock Drops 3.2 % -- Analysts Disappointed, Predicted 3 Cents More Earnings Per Share
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By Deborah Yao Associated Press  PHILADELPHIA - Comcast Corp., the nation's largest cable television operator, said Thursday that fourth-quarter profits nearly tripled as customers signed up for its discounted video, Internet and phone package, but the results fell short of expectations.
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News Corp.'s earnings rose 19 percent as stronger results from cable networks, broadcast television and movies outweighed a slump in newspapers, the media company reported Tuesday. Results were also lifted by a gain from selling a European radio business.
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PHILADELPHIA - Comcast Corp., the nation&#39;s largest cable company, reported a sharp decline its profit for the third quarter from results a year ago that included a big gain on the sale of its interest in the home shopping network QVC Inc.
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NEW YORK - Investors concerned about third quarter earnings looked past a surprise drop in wholesale prices, keeping stocks mixed Friday. Blue chips dropped on profit warnings from Dow component Alcoa Inc...
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Comcast Corp, the largest U.S. cable  TV operator, posted on Thursday a 2 percent rise in quarterly  profit excluding one-time items but lost more basic video  subscribers than analysts had expected.
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The Motley Fool - For more than three years running, networking equipment maker 3Com (Nasdaq: COMS - News) has consistently bested Wall Street's consensus earnings estimates -- yet it hasn't earned a profit in any quarter over the whole stretch. Last quarter, the firm managed to break even; might tomorrow's fiscal Q2 2007 report finally put 3Com in the black?
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Shares of Amazon.com Inc. fell 9 percent Friday after the online retailer reported third-quarter profits that tripled, but fell short of Wall Street estimates.
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Plus: Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall...Sony profit up, forecast cautious.
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NEW YORK Concerned about third-quarter earnings offset a surprise drop in wholesale prices, keeping stocks mixed Friday. Blue chips dropped on profit warnings from Alcoa, a Dow component, and Visteon, while technology shares rose on takeover expectations.
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Profit increased as customers signed up for Comcastâs discounted video, Internet and phone package, but the results fell short of expectations.
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INTERNET media bellwether Yahoo&#39;s third-quarter earnings more than tripled, helped by profit booked from the sale of Google shares into the search engine&#39;s recent flotation and stronger advertising revenues.
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Time Warner Inc. (TWX.N: Quote, Profile, Research) , the world&#39;s largest media company, on Wednesday reported an 8 percent drop in third-quarter net profit as it set up a
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Cable giant Comcast Corp. on Wednesday posted a smaller third-quarter profit that missed Wall Street expectations, but said digital cable and high-speed Internet subscriptions continued to grow during the period.
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PHILADELPHIA _ Comcast Corp., buoyed again by the popularity of its triple-play package of voice, television and Internet service, said today its fourth-quarter net income tripled on strong revenue and subscriber growth, although it fell short of Wall Street estimates.
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Comcast Corp., the largest U.S. cable operator, on Wednesday posted a third quarter profit, boosted by high-speed Internet customer gains that offset slower growth in basic video subscribers.
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Comcast Corp. CMCSA.O, the top U.S.  cable operator, on Thursday reported its quarterly net profit  rose 10 percent, boosted by more high-speed Internet customers.
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Cable &amp; Wireless has posted its first net profit in over 3 years and announced plans to cut 600 jobs and return cash to investors, sending the telecom company&#39;s shares racing to 5-month highs.