NTT posts 3.1 percent gain in first-half net profit
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Japanese telecom giant Nippon Telegraph and Telephone Corp. (NTT) said its first-half net profit rose 3.1 percent, with earnings supported by gains on the sale of shares in its mobile phone unit.
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British Sky Broadcasting Group Plc, Rupert Murdoch&#39;s UK pay-television company, said fiscal first- quarter profit rose 3 percent as it gained more subscribers than analysts expected.
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General Electric Co.&#39;s third-quarter earnings inched up 1 per cent as strength across many of its financial and industrial businesses outweighed hurricane-related insurance losses.
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Japanese computer giant NEC said its interim net profit rose 62.6 percent to 25.2 billion yen (240 million dollars) but it cut its forecasts, citing slower mobile handset and semiconductor markets.
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Phone company Qwest Communications International Inc  said on Tuesday its third-quarter profit rose, helped by a tax benefit and cost cuts.
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Nintendo, the world's largest maker of portable game consoles, said it returned to profitability in the first half after booking large foreign exchange gains.
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National City Corp. (NCC.N: Quote, Profile, Research) on Thursday said third-quarter profit rose a greater-than-expected 72 percent, helped by a recent acquisition and its consumer and corporate banking businesses.
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NTT DoCoMo Inc., Japan's top mobile carrier, reported a 6 percent drop in first fiscal half earnings Friday as it introduced discounts to fight intensifying competition. But it raised its full-year forecast, citing anticipated gains on asset sales.
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Its net income during the June to September period was 2.69tr won (Â£1.2bn), 46% up on the same period a year earlier. During the period, which is Samsung Electronics&#39; fiscal third quarter, the company said
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Southeast Asia&#39;s largest telecoms group, Singapore Telecom, said Thursday its quarterly net profit rose 21 percent, underpinned by strength at its Australian unit Optus and other regional associates.
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Nintendo Co. returned to profit in the first half of the fiscal year from the same period a year ago as the Japanese video-game maker erased foreign exchange losses and earned more from game sales.
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National City Corp. on Thursday said third-quarter profit rose 72 percent as the financial holding company benefited from its corporate and consumer businesses and recent acquisitions.
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Mitsubishi Electric Corp.  on Monday posted a better-than-expected 38 percent rise in first-half operating profit, helped by strong sales of factory equipment and power systems to emerging markets, and it raised its full-year outlook by 17 percent.
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Despite reporting a loss in the third quarter, Gateway made significant progress in turning its business around as it recorded its first operational profit since 2001.
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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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The company said its net loss in the fiscal third quarter ended Dec. 1 was $84.8 million, or 12 cents a share, compared with a net profit of $1.1 million.
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Nextel Communications Inc., the sixth largest US mobile company, on Friday said its third-quarter profit rose amid strong customer growth and it raised its earnings forecast for the full year.