No Broken Heart for Comcast

[Commentary] Comcast has been party to three of the 20 biggest failed takeovers of the past two decades. The latest of those was with Time Warner Cable, called off last month as regulatory scrutiny mounted. The combined firm would have controlled over half of the US broadband market and close to a third of pay-TV households. What comes next may become clearer when Comcast management discusses first-quarter results on May 4. Analysts polled by FactSet see the company earning 74 cents a share, up from 71 cents a year earlier. As for what management will do next, talk of buying something might seem at the very least premature, and even like the triumph of hope over experience.