China Unicom, Spain’s Telefonica expand alliance with $1 billion share exchange

October 8th, 2009 Airlines Third-Quarter Earnings ForecastsHere are the consensus forecasts of analysts for third-quarter earnings or loss per share and revenue for the nation's nine largest airline companies, according to Thomson Reuters as of Thursday morning. Figures from third quarter of 2008 are in parentheses.

September 22nd, 2009 Carnival Corp. third-quarter results at a glanceHOW THEY DID: For the three months that ended Aug.

September 4th, 2009 McClatchy share price back in complianceSACRAMENTO, Calif. — The McClatchy Company said Friday that the New York Stock Exchange has determined the company's share price has returned to levels necessary to remain on the exchange.

August 21st, 2009 CF extends tender offer for Terra sharesDEERFIELD, Ill. — Fertilizer company CF Industries Holdings Inc.

August 20th, 2009 China Mobile first-half profit up 1.4 percentBEIJING — China Mobile Ltd., the world's biggest phone company by subscribers, said Thursday its first-half profit rose just 1.4 percent from a year earlier as growth slowed due to competition and an economic slump. Profit for the six months ending June 30 was 55.3 billion yuan ($8.1 billion), the Beijing-based carrier said.

August 20th, 2009 MUMBAI - Bharti Airtel and South Africa's MTN Thursday said they were extending their talks for a proposed $23-billion financial alliance till Sep 30, with no final pact in sight even as the revised deadline of Aug 31 approaches. "Discussions between the parties regarding the potential transaction continue to progress satisfactorily and the parties have accordingly agreed to extend the exclusivity period until September 30, 2009," Bharti Airtel said in a regulatory statement to the Bombay Stock Exchange (BSE).

July 30th, 2009 Telefonica Q2 net down 6 percentMADRID — Spanish telecommunications company Telefonica said Thursday its second quarter net profit fell 6 percent from a year earlier due to higher taxes and lower revenues in recession-stricken Spain and Europe, offsetting a strong performance from the company's Latin American division. The company said profits fell to euro1.93 billion ($2.72 billion) between April and June compared to euro2.06 billion in the same period in 2008.

July 29th, 2009 Spain's Santander Q2 net profit down 4 pctMADRID — Spain's Santander, the euro zone's largest bank, said Wednesday that net profit fell 4 percent in the second quarter as an increase in revenues was wiped out by a surge in bad loans amid the economic crisis. Santander said net profit was €2.42 billion ($3.44 billion), compared to €2.52 billion during the same period in 2008.

July 22nd, 2009 Alliance Data's net drops 37 pctSAN FRANCISCO — Alliance Data Systems Corp.'s second-quarter profit dropped 37 percent, more severely than Wall Street expected, while sales slumped. The company said Wednesday it earned $29.4 million, or 51 cents per share, compared with $46.9 million, or 60 cents per share, in the year-ago quarter.

July 13th, 2009 China Eastern Airlines to acquire local rivalBEIJING — China Eastern Airlines Corp., one of China's three major state-owned carriers, will acquire a local rival, the companies announced Monday, as money-losing China Eastern tries to boost its competitiveness. China Eastern, based in Shanghai, will acquire Shanghai Airlines Co.

June 13th, 2009 BEIJING - In the wake of Chinese mobile users complaining that they are getting up to 641 million junk texts a day, Chinese telecom regulators have intensified their crackdown on spam short messages. Country's three main mobile network operators, China Mobile, China Telecom and China Unicom have joined the regulators in their anti-spam fight by signing an agreement to deal with inter-network spam messages, the China Daily reports.

April 29th, 2009 China Unicom says 1Q profit $525 millionBEIJING — China Unicom Ltd., one of China's three major state-owned phone companies, said Wednesday it earned 3.6 billion yuan ($525 million) in the first quarter following its merger with rival China Netcom. The profit for the three months ending March 31 was equal to 0.15 yuan per share, the Beijing-based company said.

April 23rd, 2009 Spanish princess and family moving to WashingtonMADRID — Spain's Royal Palace says Princess Cristina and her family are moving to Washington, D.C., because her husband has accepted a job there with telecommunications company Telefonica. The 43-year-old princess is the second of King Juan Carlos' and Queen Sofia's three children.

April 20th, 2009 China Telecom 1Q profit down 27.4 percentBEIJING — China Telecom Ltd. said Monday its first quarter profit plunged 27.4 percent as demand for traditional fixed-line telephone services weakened.

April 20th, 2009 China Mobile quarterly profit up 5.2 percentBEIJING — China Mobile Ltd., the world's biggest phone company by subscribers, said Monday its first quarter profit rose 5.2 percent but growth slowed due to China's economic slowdown and stronger competition. Profit for the three months ended March 31 was 25.2 billion yuan ($3.7 billion), compared with 24 billion yuan for the same period last year, the Beijing-based company said.