Alcatel Swings to Profit
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French telecommunications equipment maker Alcatel SA swung to a profit in the third quarter, helped by cost-cutting and a rebound in the mobile communications industry, the company said Thursday.
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Top U.S. phone company AT&T Inc  posted a 41.5 percent rise in quarterly net profit on Tuesday, as Apple Inc's  iPhone helped boost wireless subscriber growth above market expectations.
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Alcan Inc.   returned to profit it its fourth quarter on higher aluminum prices and by avoiding charges of the sort that caused a loss in the year earlier period, the company said on Wednesday.
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Motorola Inc. MOT.N, the world's No.  2 maker of cell phones, on Tuesday said its quarterly profit  more than tripled, as sales rose 26 percent, driven in part by  a host of new handset models and cost controls.
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Motorola Inc  reported on  Thursday its first profit in 2007 and gave an outlook that beat  Wall Street expectations, in a sign the mobile phone maker has  started to turn around its business.
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OT&quot;&gt; Motorola, the world&#39;s second-largest maker of cellphones, said yesterday that its profit more than quadrupled in the third quarter and revenue jumped 26 percent compared with the quarter
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Alltel, which has agreed to be bought by private equity investors, posted quarterly profit of $282.6 million as it added more wireless subscribers than expected.
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Alcoa Inc., the world&#039;s largest  aluminum producer, said on Monday that second-quarter profit  soared on higher metal prices and strong aerospace demand,  although revenue fell below Wall Street expectations and the  stock fell.
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European stock markets have risen when a well-received statement from Alcatel-Lucent helped offset a weak showing on Wall Street overnight.
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LG Electronics Inc., South Korea's largest maker of consumer appliances and a major producer of cell phone handsets, said Thursday it swung to a profit in the second quarter on strong sales of appliances and premium mobile phones.
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Newly merged telecommunications equipment maker Alcatel-Lucent has reported a slump in underlying profits last year and ramped up planned job cuts to 12,500 or 15.6 percent of its global workforce.
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Motorola Inc., the world&#39;s second- largest maker of mobile phones, said third-quarter profit quadrupled as new handset models increased sales.
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Despite a dip in profits, growing revenues from wireless subscribers pushed overall profits above forecasts.
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AT&T Inc  on Thursday posted a higher quarterly profit after better-than-expected wireless growth, sending its shares up almost 3 percent in pre-market trading.
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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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The South Korean consumer electronics and appliances company swung to a profit in the second quarter on strong sales of appliances and premium mobile phones.
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Top U.S. phone company AT&T Inc.  on Tuesday said its profit and revenue rose, helped by strong growth in its wireless business and its acquisition of BellSouth.