Comcast trousers $4bn

Comcast has announced a $4bn profit for the first quarter of 2016, up 5.1 per cent on this time last year. The company announced revenues of $18.8bn for the quarter, up 5.3 per cent, and earnings per share of 87 cents. The company paid a dividend of $611m and repurchased 22 million of its common shares for $1.2bn to prop up …