Earnings roundup: Comcast earnings grow, Vonage loss widens due to charge from rise in stockNovember 4th, 2009 Earnings roundup: Comcast, VonageAmong the earnings stories for Wednesday, Nov. 4, from AP Financial News:
Comcast Corp.
News Corp. posts increase in 1st-quarter profits, helped by cable networks, 'Ice Age' movieNovember 4th, 2009 News Corp. 1Q profit posts surprising growthLOS ANGELES — Media conglomerate News Corp. says its net income for the latest quarter grew despite analysts' expectations of a decline, thanks to strength at its cable networks and the box-office success of "Ice Age: Dawn of the Dinosaurs."
The company is facing multiple challenges, including an advertising downturn and the shift of readers to the Internet.
Time Warner posts lower 3Q profit, but boosts earnings outlook for the yearNovember 4th, 2009 Time Warner 3Q profit drops, boosts outlookNEW YORK — Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit Wednesday after being hurt by declines at its AOL and publishing segments.
News Corp. posts increase in 1st-quarter income, helped by cable networks, 'Ice Age' movieNovember 4th, 2009 News Corp. 1Q income posts surprising growthLOS ANGELES — Media conglomerate News Corp. said Wednesday its net income for the latest quarter grew despite analysts' expectations of a decline, thanks to strength at its cable networks and the box-office success of "Ice Age: Dawn of the Dinosaurs."
The company is facing multiple challenges, including an advertising downturn and the shift of readers to the Internet.
Viacom's 3Q profit jumps 15 percent is film profits offset decline in advertising, DVD salesNovember 3rd, 2009 Viacom's 3Q profit jumps 15 percentNEW YORK — Viacom Inc. posted a 15 percent jump in third-quarter profit Tuesday as a stronger film slate from its Paramount Pictures movie studio helped offset continuing declines in advertising and DVD sales.
American Superconductor shares rise as analyst reiterates "Outperform" ratingSeptember 23rd, 2009 American Superconductor shares riseNEW YORK — Shares of American Superconductor Corp., which makes equipment for power generators and utilities, rose on Wednesday as an analyst reiterated an "Outperform" rating for the company. American Superconductor shares rose 58 cents to $31.67 in afternoon trading.
Analyst raises GE price target, earnings estimates on improved NBC marginsSeptember 15th, 2009 Analyst raises GE price target on NBC marginsHARTFORD, Conn. — Shares of General Electric Co.
General Cable falls after its third-quarter forecast widely misses Wall Street expectationsAugust 6th, 2009 General Cable down, 3Q outlook misses consensusNEW YORK — Shares of General Cable Corp. fell sharply Thursday after the wire and cable maker said its third-quarter earnings will miss Wall Street expectations by a wide margin.
News Corp boosts stake in German pay TV company Sky Deutschland to nearly 40 percentAugust 5th, 2009 News Corp boosts stake in Sky DeutschlandNEW YORK — News Corp., the media conglomerate controlled by Rupert Murdoch, has boosted its stake in German pay TV company Sky Deutschland AG to 39.96 percent. Sky Deutschland was formerly known as Premiere AG.
Qwest Communications 2nd-quarter earnings rise 18 percent, helped by tax benefitJuly 29th, 2009 Qwest 2Q earnings rise 18 pct on tax benefitDENVER — Qwest Communications International's second-quarter earnings rose 18 percent due to a tax benefit, even as revenue continued to slide. Qwest's net income for the period was $212 million, or 12 cents per share, up from $180 million, or 10 cents per share, in the same quarter a year ago.
Stock futures rise as earnings from Goldman Sachs, Intel boost economic recovery hopesJuly 15th, 2009 Stock futures rise on earnings reportsNEW YORK — Investors who have been looking for signs the economy is on the mend are pushing stock futures higher in the wake of better-than-expected earnings reports from Intel and Goldman Sachs. The upward move ahead of Wednesday's market opening in New York extends gains in overseas markets.
Tamil Nadu government setting up cable TV infrastructureJuly 13th, 2009 CHENNAI - The Tamil Nadu government Monday said Arasu Cable Corp, the multi-system operator (MSO) that it has promoted, has begun setting up cable television infrastructure in the districts. According to the information technology (IT) department's policy note submitted to the state assembly, the company has set up digital headends at Thanjavur, Tirunelveli, Coimbatore and Vellore.
News Corp. 3rd-quarter net up 1 percent on NDS sale, tax gainsMay 9th, 2009 News Corp. 3Q net profit up 1 percentLOS ANGELES — Media conglomerate News Corp. says its third-quarter profit grew 1 percent to $2.72 billion.
Stock futures edge higher after big gains, investors await economic data, earnings reportsMay 5th, 2009 Wall Street appears ready to extend big gainsNEW YORK — U.S. stock futures are edging higher as investors await a reading on the services sector and a bevy of earnings reports for further confirmation that the economy is improving.
Comcast 1st-qtr profit up 6 pct on new customers, especially in digital cable, phone, InternetApril 30th, 2009 Comcast 1Q profit up 6 percent on new customersPHILADELPHIA — The nation's largest cable TV provider is reporting a 6 percent jump in first-quarter earnings. Comcast Corp.
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