Comcast Profit Falls 54%
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New customer additions slowed at the cable company amid intensified competition from phone and satellite TV companies.
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AT&T Wireless Services Inc. AWE.N  said on Tuesday its third-quarter profit declined as customers  spent less per month, offsetting a rise in net new customers.
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Kraft Foods Inc.  on Tuesday posted a 28 percent drop in quarterly profit, weighed down by restructuring and higher costs for commodities like cheese and coffee.
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The company said quarterly profit rose to $494 million despite a slowing U.S. economy, but it lowered its full-year earnings outlook.
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The newspaper publisher and television station operator said fourth-quarter profit dropped 70 percent, hurt by a write-down and less political advertising revenue.
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PHILADELPHIA - Comcast Corp., the nation&#39;s largest cable company, reported a sharp decline its profit for the third quarter from results a year ago that included a big gain on the sale of its interest in the home shopping network QVC Inc.
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BOSTON/NEW YORK  - Luxury home builder Toll Brothers Inc.  reported a 44 percent drop in quarterly profit on Tuesday but signaled that the worst may be over for the sagging U.S. housing market.
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SAN ANTONIO -- Clear Channel Communications Inc., the nation's largest operator of radio stations, said Friday its fourth-quarter earnings tumbled 54 percent ahead of an $18.7 billion planned buyout by a group of private equity firms.
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Burlington Northern Santa Fe BNI.N,  the No. 2 U.S. rail group, on Tuesday reported a sharp drop in  net profit after taking a charge related to a change in the way  it estimates asbestos and environmental liabilities, but posted  record quarterly revenue.
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Comcast Corp , the largest  U.S. cable TV operator, on Thursday reported a small rise in  profit as it lost basic video subscribers during the third  quarter due to stronger competition from rival video services  through satellite and telephone operators.
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Costco Wholesale Corp. COST.O on   Wednesday warned of lower-than-expected quarterly profit   because of disappointing margins, as customers cut back on   purchases of big-ticket discretionary items such as furniture,   sending shares down nearly 5 percent.
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The company said fourth-quarter net profit fell 42 percent to 5.6 billion kronor ($880 billion) and announced it would cut 1,000 jobs as part of a cost-cutting strategy.
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Infineon&#39;s net profit fell to $54.6 million in the fourth quarter from $63 million in the third quarter of last year. The net result came up short of analyst forecasts of $169 million.
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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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The nation's largest satellite television provider saw its net profit shrink by two percent and customer growth remained flat.
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Comcast Corp. said on Thursday its  quarterly profit tripled, but higher-than-expected spending  plans for 2007 dragged down shares of the largest U.S. cable  company and its rivals.
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Hershey Co  on Thursday posted a sharp drop in quarterly profit, hurt by sluggish sales, restructuring charges and soaring costs for ingredients.