TheStreet.com RealMoney

CMCSA Preview: Modest Growth Expected

By Steve Birenberg

 About this article:
 Comcast is expected to report modest growth in third quarter 2009, a slight uptick from difficult results posted in the second quarter. The company's financial results, however, are likely to be overshadowed by continued debate about the NBC Universal transaction with General Electric . The latest reports suggest that the NBC Universal deal is almost done and it could even be announced prior to the quarterly report. Then again, not announcing a deal gives Comcast a very good excuse to not answer any questions related to the deal. The deal really is central to the investment case for Comcast. Investors are interested in how Comcast will spend its high and likely long-term stable free cash flow. Will it be on vertical integration a la NBC Universal? Will it be horizontal integration via a purchase of more cable system assets? Will the company stand pat and return...

You have just read the beginning of a premium article from our RealMoney Service. To read the rest of this article and sign up for a FREE trial please click below.

ACCESS STORY & START A FREE 14-Day Trial
Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET.
Outside the U.S. and in Canada, call 1-212-321-5200.



Already a RealMoney subscriber? LOG IN.
Username: Page data is submitted securely.
Password:
Forgot your Password? Click here


100% Money-Back Guarantee
If you decide to subscribe and you're not completely satisfied with TheStreet.com RealMoney, just call us within the first 30 days of your subscription and we'll refund your full annual subscription price — guaranteed.




If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.