Earnings Drop For Comcast

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.

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