US stocks to dip; Comcast up as scraps Disney bid

Newswire

(Updates prices, adds earnings data, Nortel firings) By Bill Rigby NEW YORK, April 28 (Reuters) - U.S. stocks are poised to drift lower on Wednesday as investors wrestle with fears of rising interest rates and mounting security concerns, offsetting optimism as corporate profits boom. Comcast Corp. is set to leap after the No. 1 U.S. cable company said it would withdraw its $48.4 billion bid to buy Walt Disney Co. . Its shares jumped 6 percent before the bell, while Disney dipped a ...

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