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BUSINESS BRIEFS.(TO THE POINT)

Investor's Business Daily

| November 01, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MEDIA

FCC keeps eye on Hughes deal

Satellite TV firm EchoStar's proposed $26 bil buy of rival Hughes Electronics from General Motors raises big competition issues and needs close scrutiny, said FCC Commissioner Kevin Martin, a Republican. Analysts said the deal faces a tough challenge from regulators.

Comcast subscribers rose in Q3

The cable operator lost 11 cents a share. Views were for a 40-cent loss. It lost 24 cents a year ago. Comcast, which is vying for AT&T's cable assets, said cash flow rose 17% to $706 mil, beating views. Sales rose 20% to $2.4 bil. Digital cable subscribers rose 21% to 2.12 mil in Q3 vs. Q2. It sees digital cable customers at 2.3 mil by year-end. More on A6

FINANCE

Goldman Sachs to close division

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