AT&T agrees to divest assets to obtain Justice Department approval of Centennial acquisitionOctober 13th, 2009 AT&T, Centennial deal gets Justice Department okayWASHINGTON — AT&T has reached an agreement with the Justice Department to sell off assets in eight markets in Louisiana and Mississippi in order to proceed with its proposed $944 million acquisition of Centennial Communications. The Federal Communications Commission is continuing to review the wireless merger, which was announced late last year.
NetApp posts higher 1st-quarter profit, names Tom Georgens new CEOAugust 19th, 2009 NetApp posts higher 1Q profit, names new CEOSUNNYVALE, Calif. — Data storage company NetApp Inc.
E.W. Scripps posts 2nd-quarter profit after recording year-ago loss on impairment chargeAugust 10th, 2009 E.W. Scripps posts 2nd-quarter profitCINCINNATI —Media company E.W. Scripps says it made a profit in the second quarter despite a decline in revenue.
Alliant Techsystems posts 28 percent increase in 1st-quarter profit on higher ammunition salesAugust 6th, 2009 Alliant Techsystems 1Q profit up on strong salesMINNEAPOLIS — Military contractor Alliant Techsystems Inc. said Thursday its fiscal first-quarter profit rose 28 percent on higher ammunition sales and improved margins, topping analysts' expectations.
MBIA surprises investors with 2Q profit; shares riseAugust 5th, 2009 MBIA posts surprise profit in 2QArmonk, N.Y. — Bond insurer MBIA Inc.
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.
Tata Communications net profit plummets 67 percentJuly 25th, 2009 MUMBAI - Telecom services provider Tata Communications Saturday said its net profit for the quarter ended June 30 fell 67 percent to Rs.32 crore ($6.6 million) as against Rs.98 crore in the same period last fiscal. Tata's stand-alone revenue also fell 3.2 percent to Rs.843 crore for the quarter under review from Rs.871 crore, the company said in a statement.
Sweden's Nordea posts 11 pct drop in 2Q profit, but raises full-year outlookJuly 21st, 2009 Nordea posts 11 pct drop in 2Q net, raises outlookSTOCKHOLM — The Nordic region's biggest financial group, Nordea Bank AB, on Tuesday reported an 11 percent drop in second-quarter net profit, mainly due to higher loan losses and staff costs, but raised its full-year outlook. Net profit in the quarter fell to euro616 million ($874 million), down from euro692 million in the same quarter last year.
Stec 1st-quarter profit, sales grow, surpassing analysts' expectationsMay 11th, 2009 Stec posts better-than-expected 1Q resultsSANTA ANA, Calif. — Memory chip maker Stec Inc.
Bond insurer MBIA posts 1st-quarter profit, reversing 5 straight losing quarters,May 11th, 2009 MBIA posts 1Q profit after 5 straight lossesNEW YORK — MBIA Inc. is reporting a profit for the first quarter, reversing a string of five consecutive quarterly losses as the bond insurer was rocked by the financial meltdown.
AT&T gets some Verizon Wireless territories; more than 1 million subscribers affectedMay 9th, 2009 AT&T to buy territories from Verizon for $2.35BNEW YORK — AT&T Inc. said Friday it will buy the assets of Verizon Wireless in 79 mainly rural areas for $2.35 billion, a deal that will affect more than 1 million subscribers.
InVentiv Health says profit decreased 2 percent as communications revenue fell 20 percentMay 8th, 2009 InVentiv 1Q profit slips on communications revenueSOMERSET, N.J. — InVentiv Health Inc., which provides services for the pharmaceutical and life sciences industries, said Friday its profit slipped 2 percent in the first quarter due to falling demand for its communications business.
Baidu posts higher 1st-quarter profit, revenue, shares jump after-hoursApril 28th, 2009 Baidu posts higher 1Q profit, revenueNEW YORK — Baidu Inc., which runs China's most popular search engine, said Monday its first-quarter profit grew, boosted by higher online marketing revenue. The results sent the Beijing-based company's American Depositary shares higher in after-hours trading.
SonicWall reports 1st-quarter profit as costs declineApril 27th, 2009 SonicWall posts 1Q profit, lower revenueSUNNYVALE, Calif. — Network security technology company SonicWall Inc.
Xerox posts 1st-quarter profit, results meet lowered outlook the company issued last monthApril 24th, 2009 Xerox 1Q earnings meets revised outlookNEW YORK — Xerox posted a profit in the first quarter that met its revised guidance, which the company slashed last month due to restructuring costs and declining technology spending. The Norwalk, Conn.-based printer and copier maker said Friday that for the first quarter it earned $42 million, or 5 cents per share.
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