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Showing posts with label Street. Show all posts
Showing posts with label Street. Show all posts

Comcast 3Q profit, sales top Street on upbeat subs

FILE - In this Feb. 15, 2011 file photo, Comcast logos are displayed on installation trucks in Pittsburgh. Cable giant Comcast Corp., the nation's largest provider of TV and high-speed Internet services, more than doubled its net income in the third quarter, helped by fewer cancelations of video service than expected and by breaking even on the expensive-to-produce London Olympics on NBC. (AP Photo/Gene J. Puskar, File)Comcast Corp., the nation's largest provider of cable TV and Internet services, more than doubled its net income in the third quarter, chiefly due to the sale of wireless spectrum and its stake in the A&E TV channel.



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Dell results disappoint Street, shares dive

A man wipes logo of Dell IT firm at CeBIT exhibition centre in HannoverSAN FRANCISCO (Reuters) - Dell Inc forecast disappointing second-quarter revenue as U.S. and European corporate tech spending weakens and consumer personal computer sales continue to shrink, hammering its shares. Shares in the company, which like rival Hewlett-Packard Co is losing market share to mobile devices such as Apple Inc's iPad, dived more than 11 percent in after hours trade. The world's No. 3 PC maker forecast a 2 to 4 percent revenue gain this fiscal quarter, to $14.7 billion to $15 billion, well short of the $15.4 billion Wall Street had been expecting. ...



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