Comcast Corp's quarterly profit beat estimates as its high-speed Internet business added the most number of customers in six years and profitability improved at NBC Universal.The largest U.S. cable operator's shares rose as much as 2.6 percent on Tuesday.Comcast added 203,000 net high-speed Internet customers in the second quarter ended June 30, higher than the 161,000 additions analysts expected, according to market research firm StreetAccount.A reasonable estimate for the timing of a shareholder vote on Comcast's Time Warner Cable Inc (TWC) deal would be in the fall, Chief Financial Officer Michael Angelakis said.
Time Warner Cable Inc. (TWC) is a provider of video, high-speed data and voice services in the United States with systems located in five geographic areas: New York State, the Carolinas, Ohio, Southern California and Texas. Shares of TWC traded higher by 2.15% or $3.15/share to $149.60. In the past year, the shares have traded as low as $106.01 and as high as $151.10. On average, 1784220 shares of TWC exchange hands on a given day and today's volume is recorded at 768902.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX fell by 0.98% or $-0.86/share to $86.50. In the past year, the shares have traded as low as $57.59 and as high as $88.13. On average, 7181790 shares of TWX exchange hands on a given day and today's volume is recorded at 5115761.
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