Wednesday`s Notable Earnings (AYE, CMCSA, COP)

Allegheny Energy, Inc. (NYSE:AYE) dropped 0.86% to $23.03. The company said its third-quarter profit climbed to $115.1 million or 68 cents a share, from $77 million, or 45 cents a share, with revenue climbing to $1.04 billion from $793.7 million.

Analysts polled by FactSet expected earnings of 56 cents a share.

Over the past 52-week, the stock had traded within the range of $18.97-$25.98. The stock went down more than 3% year-to-date.

Comcast Corporation (NASDAQ:CMCSA) added 1.99% to $20.03. The company said Wednesday that its third-quarter profit declined 8.2% on greater costs, including expenses related to its proposed acquisition of a controlling stake in NBC Universal. Comcast said it earned $867 million, or 31 cents a share, compared with a profit of $944 million, or 33 cents a share, in the same quarter last year.

According to a survey taken by FactSet Research, analysts were expecting a profit of 31 cents a share on revenue of $9.53 billion.

The stock opened at $19.48 and has a 52-week range of $13.95-$20.56. In the past one month of trading sessions, the stock went up more than 9%.

ConocoPhillips (NYSE:COP) went down 1.55% to $59.88. The company said Wednesday its third-quarter profit doubled to $3.1 billion, or $2.05 a share, from $1.5 billion, or 97 cents a share, in the year-ago period.

Wall Street analysts expected the Houston oil fim to earn $1.45 a share, according to a survey by FactSet Research.

The 52-week range of the stock is $46.63-$62.63. The stock is very close to its 52-week high of $62.63.