Comcast’s market value: More than $100 billion

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Grim
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Comcast’s market value: More than $100 billion

Post by Grim » Tue Jan 01, 2013 5:21 pm

Comcast Corp., the giant cable company controlled by the Roberts family, passed $100 billion in market value for the first time, Bloomberg reported.

That's a higher market valuation than McDonald's Corp., Home Depot Inc. and Walt Disney Co., the article said.

Comcast's stock price has risen by more than two-thirds since it bought a controlling stake in NBCUniversal in January 2011, the report noted. The Bloomberg report added that Comcast's CFO, Michael Angelakis, has said the company is considering buying the remainder of NBC in 2014. (Source: Bloomberg, Dec. 19, 2012.)
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