Cable Companies Make PPI List of Investment 'Heroes'

Comcast, Time Warner Cable and CenturyLink made the Progressive Policy Institute's list of top nonfinancial company "investment heroes for 2013”, which ranks companies from the Forbes 150 by capital expenditures on additional plant, property, and equipment over the past fiscal year. PPI called those companies bright spots in a gloomy picture, "companies that continue to place big bets on America's future, creating jobs and raising productivity in the process." Comcast leads the cable operators at $5.714 billion, while Time Warner Cable was next at $3.095 billion. CenturyLink was third at $2.919 billion.