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Comcast Profit Drops on Film Sales, Beats Wall Street Estimates


Comcast Corp reported a 5 percent drop in quarterly profit on Wednesday, hurt by lower film division sales, but managed to beat Wall Street expectations due to growth in its business services and high-speed internet units. Shares of the largest U.S. cable operator and high-speed internet provider were up 2.7 percent at $69 in premarket trading.
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Source: NY Times


11:15, July 27, 2016 REUTERS

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