Deutsche Telekom Boosts 3rd-Quarter Profit
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German phone giant Deutsche Telekom AG said Thursday its third-quarter net profit jumped to 1.39 billion euros (&#36;1.73 billion) amid growth at its wireless and Internet businesses, and raised its full-year forecast.
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AT&T announced yesterday that it posted a 41 percent increase in third-quarter profit, buoyed by record wireless revenue and savings from $140 billion in acquisitions.
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Third-quarter operating profit at Volkswagen  rose more than 50 percent thanks to resurgent earnings at its core VW brand after the world's fourth-largest carmaker cut thousands of jobs last year.
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Swedish telecommunications equipment maker Ericsson today reported a return to net profit in the third quarter, lifted by healthy growth in its international markets.
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T-Online, Deutsche Telekom's majority owned Internet service provider, said it was lifting its forecast for full-year core earnings after reporting better-than-expected results.
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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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Diversified manufacturer 3M Co.   on Tuesday posted a higher quarterly profit despite weak demand  for optical film used in flat-screen monitors and TVs.
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Nokia said Thursday its third-quarter revenue and profits would be better than expected, citing an increase in mobile phone sales.
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Research company Thomson Corp. said Tuesday that third-quarter profit rose 12 percent on higher revenue helped by core products, recent acquisitions and exchange rates.
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Robust demand for cheaper phones lifted third-quarter earnings and the better than expected results sent the companyâs shares sharply higher.
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The companyâs third-quarter profit beat expectations, lifted by an extra week of holiday shopping and sales of video game consoles and GPS devices.
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Sprint Nextel Corp.  posted a higher quarterly profit on Wednesday and gave a positive outlook for subscriber growth in the second quarter, sending shares up 3 percent.
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Third quarter profits at Texas Instruments Inc. grew by &#36;116 million from a year ago due to rising demand for its chips used in high-end mobile phones and digital light processing systems for big-screen televisions.
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NEW YORK -- Defense electronics contractor L-3 Communications Holding Inc.&#39;s earnings jumped 35 percent in the third quarter on strong sales growth across most of its business lines.
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Diversified manufacturer 3M Co  reported higher operating earnings on Tuesday as the industrial and consumer bellwether saw growth in its health-care and international businesses.
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DaimlerChrysler's DCXGn.DE  third-quarter operating profit rose 7 percent, just below  analyst expectations, as gains at U.S. arm Chrysler helped  offset weaker earnings at premium carmaker Mercedes.
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Third-quarter operating profit rose more than 50 percent thanks to resurgent earnings at the companyâs core VW brand.