Vivendi says it has turned corner
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Vivendi&#39;s recovery is almost complete, the French media and telecommunications giant declared Tuesday, despite a massive second-quarter net loss bloated by the effects of the weaker US dollar.
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Nearly a year since it was sold by Vivendi Universal to private investors, online retailer eMusic has undergone a facelift that includes a panel of music critics to help users comb its trove of independent music.
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Finally, something to sing about at Vivendi Universal (nyse: V - news - people ). The French conglomerate raised its 2004 earnings forecast after reporting a fivefold increase in third-quarter profit, thanks to its music and telecommunications units.
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French telecoms and media firm Vivendi   said on Friday it planned to raise 1-2 billion euros  in equity as its SFR mobile unit prepares to buy into Neuf  Cegetel and announces a bid for the rest.
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A year has gone by and much has changed at the company. But is it different enough yet?
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Vivendi Universal SA, owner of the world&#39;s largest music company, plans to sell a 15 percent stake in Veolia Environnement SA to cut debt and focus on media and mobile-phone businesses.
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Progress has been slipping lately, but its transition to a new product line is likely a big factor.
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CANNES, France  - Vivendi Chief Executive Jean-Bernard Levy has no plans to spin off the music unit Universal and he said on Saturday he believed the gloom surrounding the industry had been over done.
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Vivendi fourth-quarter sales rose 1.2 percent as buoyant trading at its Maroc Telecom and in video games helped compensate declines at its music and French mobile businesses.
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Vivendi Universal SA, the French media and telecommunications company, said Tuesday its net loss ballooned to 1.85 billion euros(&#36;2.26 billion) in the second quarter.
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The company is not flashy, but it may benefit from long-term trends.
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One new stock has left quite a footprint.
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Venture capitalist says a revolution is at hand, despite a setback like Nanosys' canceled IPO.
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Nearly a year since it was sold by Vivendi Universal (V) to private investors, online retailer eMusic has undergone a facelift that includes a panel of music critics to help users comb its trove of independent music.    The revamped service, scheduled to debut Wednesday, is the latest evolution for the pioneering retailer, the first to sell digital music files online in the late 1990s...
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Vivendi fourth-quarter sales rose 1.2  percent as buoyant trading at its Maroc Telecom and in video  games helped compensate declines at its music and French mobile  businesses.
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After some key changes, the company may be poised for growth.
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The VC firm backed Compaq, Lotus and EA. Now it faces a changing industry while trying to stay true to tradition.