Every Thursday morning at 8:30 a.m. EST, find all the stories you need to know about your friendly telecommunications giant in the Comcast Roundup. Get an email subscription for our weekly Comcast roundup or other news updates.
- Comcast CFO Sells Stock Near Multiyear High [Barron’s] “Comcast saw its chief financial officer pull the plug on a chunk of shares, reducing his stake by 32.7%, as shares went on to set a multiyear-high stock price. On Nov. 1, CFO and Vice Chairman Michael J. Angelakis sold 134,170 shares of Comcast for $5,064,171, an average of $37.74 apiece, lowering his direct stake in the company to 221,961 shares, a stake of less than 1%.”
- Supreme Court split on class action cases [Philadelphia Inquirer] “The court’s Republican-appointed majority questioned separate efforts to press an antitrust suit against Comcast Corp., the nation’s largest cable-television company, and a securities-fraud case targeting Amgen Inc., the world’s largest biotechnology company.”
- Comcast Joins Cablevision in Offering Credits After Sandy [BusinessWeek]
- Comcast offers free Wi-Fi service to all in Sandy’s path [CNet]
- Comcast Demanded Cable Box Back In Wake Of Hurricane Sandy, Victim Claims [Huffington Post] “Your house may be in danger of exploding, but that apparently would not stop Comcast from asking for its cable box back.”
- Comcast says NBC showing signs of a turnaround [Philadelphia Inquirer] “Riding the continued success of The Voice and Sunday Night Football, along with the added benefit of the surprise hit drama Revolution, four weeks into the new TV season NBC ranks No. 1 in prime-time Nielsen ratings in the 18- to 49-year-old demographic and could be showing nascent signs of a turnaround, Comcast Corp. executives told Wall Street analysts Friday.”
- Cable industry seeks out Silicon Valley pizzazz [Chicago Tribune] “The U.S. cable industry, hoping to revive innovation and beat back the emergence of online video, is turning for ideas to Silicon Valley. Leading players from Time Warner Cable to Comcast Corp will next year set up a showpiece research center in the heart of a region that has spawned recent momentous trends, from social networking to the mobile revolution.”
