Cable's Retreat Surprises Analysts
Cable stocks, up by about 3 percent in the first quarter, have retreated in the past few months to an overall increase of less than 1 percent since Jan. 2. Some of that can be attributed to sector rotation: Investors have moved their money out of MSOs and into other stocks. But the sector could be in for another shock if its main competitor — direct-broadcast satellite — becomes co...

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