- Pros Say: Bad Bank, Definitely Good Idea
- Jobseekers Are "Feeling the Economic Tsunami"
- Banks, Commodities Drag Euro Shares Lower
- Shell Quarterly Profit Falls on Weaker Crude
- Toshiba Swings to Red, May Post Full-Year Loss
- Sony Books Quarterly Loss, Nintendo Cuts Outlook
- Nippon Steel Cuts Outlook, Hurt by Auto Woes
- Japan Fund Managers Cut Stock Weightings, Shun Europe
- DBS Says CEO Has Leukemia, on Medical Leave
- Lightning Round: Apple, Research in Motion, Goldman Sachs and More
- Lightning Round OT: Nordic American, Cogent and More
- Who Are the Real Protectionists?
- Playing Offense as Well as Defense
- Cramer: Two Banks That Don't Need Obama's Help
- Your First Move For Thursday January 29th
- Web Extra: Boeing-Boeing
- ‘You Could Learn A Thing Or Two’ Trade
- Chartology: The Gold Trade
- Expert: US home prices to slide 6 percent in 2009
- Starwood's 1Q to be pressured by revpar decline
- Starwood Hotels & Resorts 4Q profit declines
- AEP 4Q earnings fall 35 percent on charge
- International Paper swings to loss in 4Q
- Colgate-Palmolive 4Q profit up nearly 20 percent
- Kodak posts 4Q loss, plans up to 4,500 job cuts
- Obama spokesman defends economic stimulus plan
- Norway, Denmark see unemployment climb
Microsoft sells 7.3 percent stake in Comcast
Text Size 
NEW YORK - Microsoft Corp. has liquidated its 7.3 percent stake in Comcast Corp.'s Class A shares, according to a Securities and Exchange Commission filing on Friday.
Microsoft owned roughly 150.9 million Class A shares as of March 6, 2008, according to a previous proxy filing. The software company's stake in Comcast was passive, which indicates that the investment was not made to change or influence control of the company.
The filing did not indicate when the shares were sold.
Microsoft acquired 115 million Comcast shares in 2002 as part of a deal related to Comcast's acquisition of AT&T Broadband.
Comcast, based in Philadelphia, is the nation's largest cable operator. Its shares gained 32 cents, or 2.1 percent, to $15.33 on Friday.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Print
Email
Data is a real-time snapshot *Data is delayed at least 15 minutes