Financials
Financials
Defying sluggish global trend, Q1 mobile sales grow...
Defying signs of a global slowdown, sales of mobile devices in the Middle East and Africa rose 16% in the first quarter, fueled a growing appetite for smartphones, while embattled Nokia Corp. remains the region's top handset vendor, according...
Financials
Tencent Q1 net profit up 2.8%
Chinese online game and messaging company Tencent Holdings Ltd. said Wednesday its first-quarter net profit rose 2.8% from a year earlier, driven by higher revenue from online advertising and gaming. The blue-chip company said its net profit for...
Financials
Cellcom Israel Q1 net falls 44% on price...
Cellcom Israel Ltd.'s first-quarter earnings fell 44% as increased competition continued to drive down prices, a trend the Israeli cellular provider expects to continue and perhaps escalate. In response, Chief Executive Nir Sztern said the company intends to...
Financials
Telefonica Brasil Q1 net profit down 15.2%
Telefonica Brasil SA. Thursday reported its first-quarter net profit fell 15.2% to 956.5 million Brazilian reais ($488 million) from a year earlier due to higher costs generated by depreciation and amortizations. The results included that of fixed telephone...
Financials
InfoSpace Q1 net soars on TaxACT acquisition
U.S. search company beat Q1 revenue guidance and earnings came in at high end of expectations.InfoSpace Inc.'s first-quarter profit surged as the Internet search company's newly acquired TaxACT tax preparation business added substantially to its top line. Bellevue,...
Financials
Cisco Q3 net up 20%, weak Q4 view...
IT spending projections have been revised lower in recent months, according to CEO Chambers. Cisco Systems Inc.'s fiscal third-quarter earnings jumped 20% on higher revenue and margins, though the network-equipment maker struck a cautious tone about the information-technology spending environment....
Financials
Mediobanca net profit down 73% on Telco, loan...
Telecom Italia parent reported €1 billion loss on nine months ended 31 January. Italian merchant bank Mediobanca SpA Wednesday reported a 73% drop in net profit for the fiscal third quarter, hit by a big increase in impairments, including a...
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