Verizon Communications reports 4th-quarter loss of $2.23 billion, but revenue beats Street
Verizon Communications Inc. on Thursday reported a fourth-quarter loss of $2.23 billion, hurt by pension and severance costs.
Cablevision posts 3Q profit, results top Wall Street forecasts
Cablevision Systems Corp. (CVC) on Thursday reported third-quarter profit of $71.5 million.
Samsung Electronics profit sinks 49 percent to lowest in nearly 3 years as handset slows
Samsung Electronics Co. says its third-quarter income has plunged 49 percent to the lowest level in nearly three years as its handset business slows down.
Nokia sees third-quarter turn to profit as sales grow after sale of phone unit to Microsoft
Nokia Corp. appears to have turned around its fortunes after the sale of its ailing cellphone unit to Microsoft, reporting a third-quarter net profit of 747 million euros ($950 million), from a loss of 91 million euros a year earlier.
Verizon posts higher 3rd-quarter net income, higher revenue
Verizon Communications Inc. on Tuesday reported lower net income but higher revenue in its third quarter, helped by strong wireless subscriber growth and demand for its FiOS Internet services.
Samsung Electronics estimates that 3Q profit plunged 60 percent as Galaxy phone sales slow
Samsung Electronics Co. says its quarterly operating profit is estimated to have fallen 60 percent from a year earlier as Galaxy handsets sales slow.
World stock markets mostly higher but geopolitical risks hover in background
Global stock markets overcame a contraction in Japan's economy and jitters about Ukraine and Iraq to mostly rise Wednesday, but analysts said new geopolitical developments would likely make for volatile trading.
Vodafone Revenue Dragged Lower by Spain and South Africa
Vodafone reported another big quarterly drop in its main revenue measure, as weakness in South Africa and Spain offset stabilization elsewhere in Europe.
Asian stock market mostly higher as jitters over response to downing of Malaysian plane fade
Asian stock markets were mostly higher Monday as anxiety over the downing of a Malaysian jetliner over Ukraine eased and investors shifted their focus to U.S. corporate earnings.
Comcast's 1Q Profits Climb 17% Despite Shrinking NBC Universal Revenue
The largest U.S. cable TV provider posted a profit of $1.4 billion driven by strength on the cable side of the business.
Eaton Sales Jump 34% on Cooper Buy But Miss Street
Eaton's first-quarter earnings rose 22% with the help of its Cooper Industries acquisition, but revenue growth fell short of Wall Street views as global demand continued to slow.
Verizon's 1Q Net Grows 16% on Record Wireless Margins
Verizon shares roared more than 3% higher as traders responded to stronger-than-expected quarterly profits from the telecom giant.
Berkshire Profit Doubles to Record on Kraft Heinz
Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record, reflecting a large gain on its stake in Kraft Heinz Co , while operating profit declined.
Qualcomm Profit, Revenue Beat on Strong Demand for Mobile Chips
Qualcomm Inc reported higher-than-expected quarterly profit and revenue, helped by lower costs and strong demand for the new version of its Snapdragon mobile chips.
AT&T Revenue Rises 18.6% on DirecTV Acquisition; More Prepaid Subscriber Additions
AT&T Inc, long the No. 2 U.S. wireless carrier and since July the world's biggest pay-TV operator, reported an 18.6% rise in quarterly revenue, helped by its DirecTV acquisition and as it added more prepaid mobile subscribers.
Nokia Q2 profit up at $383 million on strong sales growth, network improvement
Telecommunications and wireless equipment maker Nokia Corp. says second-quarter net profit was €347 million euros ($383 million), with growth particularly strong in its core networks division.
LG Electronics logs 45 percent plunge in 2Q earnings as TV woes continue, phone recovery weak
LG Electronics says its second quarter earnings sank 45 percent over a year earlier as losses widened in its TV business.
China Telecom says quarterly profit down 9 percent due to tax change
China Telecom Ltd., one of China's three main state-owned phone carriers, says its quarterly profit fell 9 percent from a year earlier due to tax changes and a rise in personnel costs.
Huawei reports 2014 profit up 33 percent, helped by strong smartphone sales
Huawei Technologies Ltd., one of the world's biggest makers of telecommunications equipment, says its 2014 profit rose 33 percent, helped by strong sales of smartphones.
LG Electronics reports loss in 4Q on plasma TV business closure, operating income up
LG Electronics Inc. lost money in the fourth quarter due to the closure of its plasma TV operations but its operating income rose thanks to a mobile business recovery.






