American Tower 3Q net income rises 11 pct on strong growth in rental, management revenueNovember 3rd, 2009 American Tower 3Q net income rises 11 pctBOSTON — American Tower Corp., one of the nation's largest owner of cell phone towers, on Tuesday said net income for the third quarter rose 11 percent on the back of strong growth for its tower rental and management revenue. The company earned $67.4 million, or 17 cents per share, compared with $60.5 million, or 15 cents, in the same quarter a year earlier.
CommVault reports fiscal 2nd-quarter profit flat as costs rise alongside revenueOctober 28th, 2009 CommVault reports flat fiscal 2Q profitOCEANPORT, N.J. — CommVault Systems Inc.
Casino operator Harrah's reports $1 billion 3rd quarter lossOctober 27th, 2009 Harrah's reports $1 billion loss in 3rd quarterLAS VEGAS — Casino operator Harrah's Entertainment is reporting a third-quarter loss of more than $1 billion. The Las Vegas company says it lost $1.05 billion in the quarter that ended Sept.
Casino operator Harrah's reports $1.6 billion 3rd quarter lossOctober 27th, 2009 Harrah's reports $1.6 billion loss in 3rd quarterLAS VEGAS — Casino operator Harrah's Entertainment, the world's largest gambling company, is reporting a third-quarter loss of more than $1.6 billion. The Las Vegas company says it lost $1.62 billion in the quarter that ended Sept.
Cell phone tower operator Crown Castle says senior notes due 2019 will bear a 7.125 pct rateOctober 20th, 2009 Crown Castle prices $500 million debt offeringHOUSTON — Crown Castle International Corp., which owns and operates cell phone towers, said Tuesday it has priced its public offering of $500 million in senior notes due 2019 with an annual interest rate of 7.125 percent. The Houston-based company said net proceeds from the debt sale will total about $489 million.
Rite Aid posts smaller-than-expected loss, but predicts bigger deficit and lower salesSeptember 24th, 2009 Rite Aid trims 2Q loss but lowers forecastsNEW YORK — Drugstore operator Rite Aid Corp. is reporting a smaller second-quarter loss than a year ago, but is lowering its expectations for the fiscal year.
Altera raises 3rd-qtr sales expectations, now expects sales flat or up 3 percent sequentiallySeptember 8th, 2009 Altera ups 3Q revenue outlook on improved marketsSAN FRANCISCO — Altera Corp. raised its third-quarter revenue forecast on Tuesday, saying it now expects sales to be flat or up 3 percent when compared with the second quarter.
Cost Plus predicts a wider loss in third quarter than a year earlier as sales declineAugust 27th, 2009 Cost Plus expects loss third-quarter loss to widenOAKLAND, Calif. — Specialty home retailer Cost Plus Inc.
Melco Crown Entertainment raises about $209.6 million in follow-on public stock offeringAugust 18th, 2009 Melco Crown raises $209.6M in follow-on offeringNEW YORK — Melco Crown Entertainment Ltd. said Tuesday that it raised about $209.6 million through a follow-on public stock offering.
Macau casino operator Melco Crown to offer 37.5 million ADS unitsAugust 11th, 2009 Melco Crown to offer 37.5 million ADSNEW YORK — Macau casino operator Melco Crown Entertainment Ltd. said Tuesday it is going ahead with a public offering of 37.5 million American Depositary Shares, each of which represents three ordinary shares.
BSNL to raise Rs.10,000 crore from tower sharing businessJuly 31st, 2009 NEW DELHI - State-run telecom operator Bharat Sanchar Nigam Ltd (BSNL) hopes to generate Rs.1,000 crore ($207 million) of revenue in a year from its infrastructure sharing business. "The master sharing agreement (MSA) for sharing of BSNL towers is in the final stages with some telecom operators and likely to be finalised very soon," the company said in a statement Friday.
SBA Communications posts wider-than-expected 2Q loss, as higher costs trumped stronger salesJuly 29th, 2009 SBA Communications posts wider 2Q lossBOCA RATON, Fla. — SBA Communications Corp., which leases cell phone towers to wireless providers, on Tuesday posted a wider-than-expected loss for its second quarter as operating costs grew.
Dutch operator of US Stop & Shop, Giant grocery stores says sales rose 11.5 percent in Q2July 28th, 2009 Ahold sales rise 11.5 percent in Q2AMSTERDAM — Royal Ahold NV, the Dutch operator of U.S. grocery chains Stop & Shop and Giant, reported Tuesday an 11.5 percent rise in sales for the second quarter, due to modest growth and a strong dollar.
Duckwall-Aclo same-store sales rise 6.1 percent in AprilMay 8th, 2009 Duckwall-Alco April same-store sales riseABILENE, Kan. — Discount-store operator Duckwall-ALCO Stores Inc.
LG Electronics reports quarterly loss of $147 million on FX and LG Display lossesApril 21st, 2009 LG Electronics reports quarterly loss of $147 mlnSEOUL, South Korea — LG Electronics Inc., a major manufacturer of mobile phones and flat screen televisions, stayed in the red for a second straight quarter, knocked by foreign exchange losses and a poor result from its flat panel affiliate LG Display. The net loss for the first three months of 2009 was 198 billion South Korean won ($146.7 million), the South Korean company said Tuesday.