Vivendi to enjoy new tax status
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Vivendi Universal SA, owner of the world&#39;s largest record company, said the French Government approved a change to its tax status allowing the company to save
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The French media and telecommunications group Vivendi Universal said it would earn 1.5 billion euros (1.9 billion dollars) from the sale of a 15 percent stake in the utilities and water company Veolia Environnement.
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Vivendi Universal (EAUG.PA: Quote, Profile, Research) raised its 2004 earnings forecast as it reported a 19 percent increase in underlying third-quarter profit
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AMSTERDAM: Royal Philips Electronics NV has sold its entire 3% stake in Vivendi Universal for around 720 million euros. The transaction closed on Wednesday and is expected to result in a non-taxable gain of 300 million euros in the fourth quarter.
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Vivendi Universal raised its 2004 earnings forecast as it reported a 19 percent increase in underlying third-quarter profit on Wednesday, driven mainly by strong mobile phone sales.
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After months of speculation, Vivendi announces that Half-Life 2 has officially gone gold and will be on shelves in less than one month.
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French telecoms and media group Vivendi   reported a 10.9 percent rise in first-half net adjusted profit   on Thursday, as growth from games and pay-TV Canal Plus made up   for lackluster trading at mobile arm SFR.
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Vivendi said fourth-quarter profit dropped 51 percent from a year ago, when the company had a tax credit and asset sales. Vivendi, parent company of Universal Music, said it earned 610 million euros ($799 million) in the quarter, down from 1.25 billion euros. Revenue rose 1 percent, to 5.5 billion euros ($7.2 billion). Sales at Universal Music fell 1.5 percent.
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French media and telecoms group Vivendi   on Wednesday posted an 18 percent rise in adjusted  full-year net profit, pulled mainly by Maroc Telecom   and its games, French mobile and pay-TV units.
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Here's a surprising discovery: Paying taxes is a pleasure for many people.
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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'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 U.S. dollar.
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Vivendi Universal SA raised its 2004 earnings forecast Wednesday after strong performances by its music and telecommunications units powered a more than fivefold increase in third-quarter profit.
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Music performers could see a big boost to their lifetime earnings under EU plans to extend music rights.
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A twist on tax-loss selling keeps you in the game.
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French media and telecommunications giant Vivendi on Wednesday reported full-year adjusted net profit of 2.61 billion euros (3.43 billion dollars), up 17.9 percent from a year earlier.
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French media and telecommunications group Vivendi said Friday it had arranged a 3.5-billion-euro (5.15-billion-dollar) credit line to fund US and French acquisitions.