Telecom Firm Ciena Returns To Profit
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Telecom equipment maker Ciena of Linthicum, Md., yesterday reported its first profit in five years, a rebound for a company stung by a dismal industry downturn earlier in the decade.
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Health insurer Aetna Inc. AET.N on  Thursday posted a sharp rise in third-quarter profit as it  boosted membership and benefited from a big tax refund from  discontinued operations.
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Britain's Cable & Wireless posted its  first net profit in over 3 years and announced plans to cut 600  jobs and return cash to investors, sending the telecom  company's shares racing to 5-month highs on Wednesday.
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Network equipment maker Juniper  Networks Inc. JNPR.O on Thursday said quarterly earnings  rose, driven by good results in its mainstay routing and  security markets.
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US carmaker Ford Motor returns to profit, as the money it makes from lending to customers outweighs losses from selling vehicles.
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The cable operator reported fourth-quarter net income of $602 million on solid revenue gains as customers spent more for cable TV. The company also said it will start paying a quarterly dividend.
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HARTFORD, Conn. - Aetna Inc. Thursday reported a huge surge in third quarter profits from a one-time tax refund and increased revenue from higher membership.
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TV technology firm Pace Micro returns to profitability after strong sales of personal video recorders in the US.
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Business software maker Novell Inc.   posted a preliminary quarterly profit on Tuesday,  bouncing back from a year-earlier loss when it took a $38  million restructuring charge.
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Health insurer Aetna Inc. on Thursday  posted a sharp rise in third-quarter profit as it boosted  membership and benefited from a big tax refund from  discontinued operations.
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Cisco yesterday reported net revenue of $6 billion for its first quarter, a slight uptick compared with the previous quarter but 17.1% more than in the year-ago quarter.
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Peoplesoft, the software maker that is the target of a hostile takeover bid from industry heavyweight Oracle, has returned to profit.
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French telecoms and media group Vivendi   VIV.PA reported a 10.9 percent rise in its 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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Supermarket chain Morrisons returns to profit, six months after posting its first annual loss.
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Spanish telecommunications group Telefonica on Thursday posted a record net profit of 6.2 billion euros (8.2 billion dollars) in 2006, a 40.2 percent increase over the previous year.
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Telecommunications equipment maker Lucent Technologies Inc., rebounding from multibillion dollar losses, reported a larger profit for its fourth fiscal quarter and recorded its first profitable year since 2000.
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Cigna said its fourth-quarter profit rose more than 10 percent as medical spending fell.