Comcast executives touted upcoming split to Wall Street as cable networks prepare to separate from the rest of NBCUniversal.

Charter CEO Chris Winfrey acknowledged the “chatter” in the media business and on Wall Street about a potential merger with Comcast, but said such a megadeal is not “core” to his company’s strategy. During a conference call with analysts to discuss Charter’s better-than-expected fourth-quarter results,

Wall Street will be paying attention to Comcast’s broadband, streaming and theme park businesses, as well as progress of the spinout of its cable TV networks.

Comcast (CMCSA – Research Report), the Communication Services sector company, was revisited by a Wall Street analyst today. Analyst Benjamin

Comcast shares dropped 12% Thursday morning after the company reported a loss of nearly 140,000 residential broadband customers in the fourth quarter and a stagnating subscriber base for its Peacock streaming service.

Comcast's revenue and profit rose last quarter, powered partly by the release of blockbuster movie "Wicked,” but broadband customer numbers fell. Comcast lost 139,000 broadband customers in the quarter,

Comcast (CMCSA) stock plummeted on Thursday despite the entertainment company posting strong earnings beats in its Q4 report. That starts with

In Q4, domestic broadband customers fell by 139,000 to 31.8 billion. The company lost 311,000 domestic video customers, which brought the total down to 12.1 million subscribers during the quarter, reflecting the diminishing landscape for cable TV.

Charter Communications, which offers TV, internet and wireless services under the Spectrum brand, topped Wall Street expectations in the fourth quarter.

PHILADELPHIA (AP) — PHILADELPHIA (AP) — Comcast Corp. (CMCSA) on Thursday reported fourth-quarter profit of $4.78 billion. On a per-share basis, the Philadelphia-based company said it had profit of $1.24. Earnings, adjusted for one-time gains and costs, were 96 cents per share.

The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq Composite ( ^IXIC) was up nearly 0.3%.