Comcast To Reclassify Stock, Q3 Earnings Seen Rising

By | October 26, 2015

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Comcast (CMCSA), which reports Q3 earnings before the open Tuesday, said its board has approved a proposal to reclassify its shares so that only its Class A common shares remain. The proposal requires shareholder approval. Comcast’s stock, as well as the stocks of News Corp. (NWS) and 21st Century Fox (FOXA), began trading in September with multiple listings in the S&P 500. The S&P Dow Jones Indices in January had announced plans to change its Scalper1 News

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