$262 million profit tops forecasts for Comcast

Article Abstract:

Philadelphia-based Comcast Corp. posted a second-quarter profit of $262 million in 2004 despite a small decrease in its basic-cable subscriptions and also announced its plans regarding doubling of its stock-buyback program to $2 billion. The earnings of Comcast Corp. reached $5.1 billion in sales, which was a 10 percent improvement in sales as compared to the previous year.

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Potential bidders get primed for Adelphia auction

Article Abstract:

Adelphia Communications Corp., the nation's fifth-largest cable-TV company, will begin sending out confidential information packets to companies that have signed secrecy agreements. Comcast Corp., Time Warner Inc., and several smaller companies have expressed interest in acquiring Adelphia's customers, rehabbing the bankrupt firm and running it independently.

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A champion of the X Games considers its corporate image

Article Abstract:

Comcast Corp. to play corporate host to the 2001 X Games. Company officials expect to promote and advertise the event on their cable service, expecting 40,000 to 50,000 spectators a day.

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