MARKET PULSE-Comcast, Time Warner Cable, casino stocks, FireEye

Tue Apr 22, 2014 11:43am EDT
 
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(For more market insights, including options activity, click on ; for the Day Ahead newsletter link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s)

April 22 (Reuters) - U.S. stocks rose on Tuesday, with both the S&P 500 and Nasdaq on track for a sixth straight day of gains as a number of bellwether companies reported strong results. The Dow Jones industrial average was up 0.58 percent at 16,544.04, the S&P 500 was up 0.55 percent at 1,882.25 and the Nasdaq Composite was up 1.03 percent at 4,163.957.

** TIME WARNER CABLE, $140.14, +2.59 pct

** COMCAST CORP, $51.44, +3.13 pct

Comcast posted higher first-quarter revenue and net income on Tuesday as the largest U.S. cable operator gained video subscribers for the second quarter in a row.

There was "no internal timeline" for the Time Warner Cable divestiture, and the company could pursue a number of structures for divestitures in order to maximize tax efficiency, Comcast Chief Finacial Officer Michael Angelakis said on a conference call with analysts.

** LAS VEGAS SANDS CORP, $79.74, +5.30 pct   Continued...