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Comcast shares down on report U.S. lawyers won't back TimeWarner deal

Says Bloomberg

"Staff attorneys at the Justice Department's antitrust division are nearing a recommendation to block Comcast Corp.'s bid to buy Time Warner Cable Inc., according to people familiar with the matter," Bloomberg's David McLaughlin and Todd Shields report here.

Also: "Attorneys who are investigating Comcast's $45.2 billion proposal to create a nationwide cable giant are leaning against the merger out of concerns that consumers would be harmed and could submit their review as soon as next week, said the people. The final decision about the deal will be made by the division's senior officials.

"Comcast shares fell 2.4 percent to $58.26 at 3 p.m. in New York, while Time Warner Cable fell 4.9 percent to $150.41."