Shares of Comcast Corp. (Nasdaq: CMCSA) fell 53 cents to $12.36 after the nation's largest cable TV provider posted lower earnings of 14 cents per share compared with 20 cents per share a year earlier due to a $600 million write-down of its investment in wireless technology provider Clearwire Corp. (Nasdaq: CLWR). Clearwire stock edged up 5 cents to $3.58.
Earnings Drop For Comcast
February 18, 2009 at 12:14 PM EST