Comcast Reports Higher Profit, Revenue in 1Q
Comcast posted higher profits during the first quarter, driven by strength in its cable business, the company said Wednesday.
Comcast posted higher profits during the first quarter, driven by strength in its cable business, the company said Wednesday.
Stocks are edging higher in the early going after strong U.S. earnings and General Electric's sale of its remaining NBCUniversal stake. Comcast's $16.7 billion deal to buy the remaining half of NBCUniversal ahead of schedule represents a resounding vote of confidence in the future of TV
NBC Universal chief Jeff Zucker is leaving the company ahead of its impending merger with cable giant Comcast. Zucker said he made the decision because NBC Universal's new owners "deserve the chance to implement their own vision."



