AT&amp;T posts $7.1 billion loss for the third quarter reflecting ...
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NEW YORK - AT&amp;T Corp. swung to a third-quarter loss of $7.1 billion after recording huge charges related to the company&#39;s retreat from traditional telephone services, which has included at least 7,500 more
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AT&amp;T Corp. announced yesterday that it is cutting at least 7,500 more jobs and slashing the value of its assets by $11.4 billion, drastic moves prompted by the company&#39;s plan
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Blog: AT&T's wireless data subscribers complained of outages and a slow network Monday, but the company says it wasn't due to the iPhone.
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NEW YORK - AT&T Corp. is cutting 7,400 more jobs and slashing the book value of its assets by $11.4 billion, drastic moves prompted by the company's plan to retreat from the traditional consumer telephone business following a lost court battle...
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Morgan Stanley reported a 7 percent drop in profit from continuing operations in the third quarter.
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In results skewed by its blockbuster acquisition of AT&amp;T Wireless Services Inc., Cingular Wireless LLC swung to a loss in the fourth quarter but said Monday it was heartened by its status as the nation's largest mobile phone provider.
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AT&amp;T&#160;reported net income of $3.1 billion for the third quarter of 2007, up from $2.2 billion a year earlier, largely due to its&#160;acquisition of BellSouth.
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WASHINGTON - MCI Inc. on Thursday reported a $3.4 billion third-quarter loss as it wrote down the value of its assets due to a withering price war for long-distance telephone service.
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Plus: AT&#38;T posts $7.1 billion loss...Lucent sees first profitable year since 2000...EMC issues sunny report...IBM net income inches higher, despite legal bill.
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WASHINGTON, DC--Qwest Communications, the No. 4 US local telephone company, reported a third-quarter loss on Thursday due to a decline in revenue and having settled charges with US regulators.
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Motorola's mobile-phone business recorded a $138 million loss in the third quarter, with handset revenues declining by 36 percent to $4.5 billion in comparison with the year-earlier period. Nevertheless, Motorola executives remain upbeat about the ailing unit's prospects for returning to profitability, noting that substantial progress has been made during the quarter.
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com. AT&amp;T Wireless announced a drop in sales and profits, as it moved closer to its planned acquisition by Cingular Wireless. The firm earned $117 million on revenues of $4.
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Plus: AT&T profit rises...Samsung SDI swings to loss...Outstanding earnings for Apple...Xerox profits from color printers.
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Qwest Communications International Inc. (QN: Quote, Profile, Research) , the No. 4 US local telephone company, on Thursday reported a third-quarter loss as it settled
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Qwest Communications International Inc. posted a third-quarter loss of $569 million after setting aside more money to settle lawsuits stemming from a three-year, $3.
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NEW YORK, Oct. 21 -- AT&T Corp. reported a third-quarter loss of $7.12 billion Thursday because of huge charges resulting from the company's retreat from traditional telephone services, which included at least 7,500 more job cuts and a write-down in the value of the company's long-distance network.
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NEW YORK  - AT&T Wireless Services Inc.  said on Tuesday its third-quarter profit declined as customers spent less per month, offsetting a rise in net new customers.