Author: 123jump.com Staff
123jump.com
Last Update: 3:38 PM EDT April 26 2007
Largest cable company Comcast reported first quarter revenue increase of 32% and earnings growth of 22% when adjusted for one time gain. The earnings rose 80% when one time gain of $50 million is included. The company reported average subscription rate for basic cable service of $60 per month. California retailer Safeway reported revenue rise of 5% and earnings gain of 22%. Fertilizer company Potash earnings in the first quarter jumped 58%.
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