Financials
Financials
Rogers Q4 net up 8%, boosts dividend
Rogers Communications Inc. said fourth-quarter earnings rose 8% and revenue edged up 1% as new smartphone customers continued to grow. The Toronto-based communications giant also boosted its quarterly dividend 11% to 39.5 Canadian cents a share, and said...
Financials
IHS expects sales of chipsets for tablets to reach $18.2 billion in two years time.
Comtech Telecommunications Corp.'s fiscal second-quarter earnings fell 64% as the seller of radio-frequency amplifiers used in aircraft communications continued to see its revenue drop. However, the company raised its full-year earnings guidance to $1.34 to $1.44 a share,...
Financials
Telekom Malaysia Q4 profit rises 49%
Malaysian state-owned fixed-line operator Telekom Malaysia Bhd. said Friday it plans to distribute a total of MYR1.42 billion ($472.2 million) to shareholders after it reported a 49% increase in fourth quarter net profit. The firm is planning a...
Financials
Google to sell entire Clearwire stake at $453m loss
Google Inc., an early investor in Clearwire Corp., said it would seek to sell its entire stake in the wholesale mobile broadband provider at a loss of nearly $453 million. Google is looking to sell its 29.4 million...
Financials
NII Holdings swings to surprise Q4 loss on higher costs
NII Holdings Inc. swung to a surprise fourth-quarter loss as higher operating costs masked revenue and subscriber growth. Looking ahead, NII forecast 2012 revenue of about $7.1 billion. Wall Street analysts currently expect revenue of $7.34 billion, according...
Financials
Nokia loses €1bn in Q4 2011
Nokia has suffered a large loss in its latest financial results, with the company’s operating profit dropping by €950 million in the fourth quarter of 2011. That’s a complete reversal of the situation in 2010, when the firm...
Financials
Apple announces profits have doubled
Apple has announced its latest financial results for the first quarter of fiscal 2012, the three months running up to the end of December 2011. We knew the results were going to be good, given the reports of...
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