Comcast Profits Up But Stock Falls Amid Media Merger Hype

Philadelphia Inquirer: Comcast said that it added more than 300,000 TV or internet subscribers in the third quarter as profits jumped 15 percent. Still, Wall Street greeted the “terrific” results by beating up the cable company’s stock as analysts looked for Comcast’s next big strategic move after AT&T’s “master stroke” in reaching a deal to acquire Time Warner for $85 billion.