Comment on Comcast 3Q Net Income Soars Nearly 50% On Tax Adjustment, NBCU Results

Comcast 3Q Net Income Soars Nearly 50% On Tax Adjustment, NBCU Results

Cable and entertainment giant Comcast Corp. saw its third-quarter net income soar nearly 50%, thanks to a favorable tax adjustment and improving performance at its NBCUniversal unit. The Philadelphia company, which is currently seeking approval from federal regulators to buy Time Warner Cable, said profit in the period came to $2.59 billion, or 99 cents...

 

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