AT&T Quarterly Profit Rises on Cost Cuts
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AT&T Corp., the No. 4 U.S. telephone company, said on Thursday its fourth-quarter earnings increased as it cut costs by slashing jobs and from a benefit related to a prior writedown of assets.
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Qualcomm Inc  posted a higher quarterly profit on Wednesday due to demand for its mobile phone chips, and its shares rose 6.5 percent.
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M&amp;T Bank Corp. said Tuesday that its profit jumped 19 percent for the quarter ended Sept. 30, helped by a slight rise in interest income and loans during the period.
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Motorola (MOT) said Tuesday that its quarterly profit rose on improving sales of a host of new handset models. The world&#39;s No.
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U.S. phone company Qwest Communications International Inc  on Tuesday reported an 89 percent rise in fourth-quarter profit, boosted by a benefit related to income tax.
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Mobile service provider Cingular  Wireless, which is buying AT&T Wireless Services  Inc. AWE.N,  said on Wednesday its third-quarter operating profit fell as  its costs rose.
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AT&T said today that its earnings jumped a better-than-expected 84 percent in the fourth quarter as it slashed costs and benefited from a write-down of assets.
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Internet service provider EarthLink  Inc. on Tuesday posted higher quarterly profit, boosted by cost  controls, but quarterly sales fell short of analysts'  expectations, as did its forecast for 2005 sales.
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Media conglomerate Time Warner Inc.   said on Wednesday that fourth-quarter profit rose more  than 30 percent, boosted by asset sales, more digital cable and  phone customers, and a rise in AOL advertising sales.
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AT&T reported a 17 percent increase in quarterly profits driven by a sizable increase in wireless subscribers.
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AT&T Corp., the No. 4 U.S. telephone  company, said on Thursday its fourth-quarter earnings increased  as it cut costs by slashing jobs and from a benefit related to  a prior writedown of assets.
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Qualcomm Inc  posted a  higher quarterly profit on Wednesday due to demand for its  mobile phone chips, and its shares rose 6.5 percent.
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Ericsson AB, the biggest maker of mobile-phone networks, reported a fourth straight quarterly profit, helped by cost cuts and equipment demand.
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Telecom Corp today reported its September first quarter net profit rose 19 per cent to $193 million. The profit bettered analysts&#39; average forecasts of $185m.
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Verizon Communications  said on Monday its quarterly profit rose and its wireless customer additions were ahead of analyst estimates.
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Texas Instruments Inc. , the largest maker of chips for cellular phones, on Monday said quarterly profit rose about 26 percent on demand from handset makers even as it struggles with a nagging inventory problem.
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SAN ANTONIO -- AT&T Inc. posted a 61 percent increase in second-quarter earnings on Tuesday, lifted primarily by its buyout of BellSouth Corp. but also aided by gains in wireless subscribers and revenue.