Profit at Qwest Increases by 89%
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The telephone company reported an 89 percent increase in quarterly profit, aided by an income tax benefit and an increase in high-speed Internet subscribers.
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Qualcomm Inc  posted an 18 percent rise in quarterly profit and gave an outlook that matched analyst estimates, driving its shares up more than 7 percent on relief the weak U.S. economy was not hurting demand for its mobile phone chips.
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WINNIPEG (CP) - Special gains from the sale of international assets helped CanWest Global Communications Corp. post a solid profit in the fourth quarter, reversing a big loss last year.
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Verizon Communications , the  nation's biggest telephone company, on Tuesday reported  better-than-expected quarterly operating earnings on strong  growth in its wireless business.
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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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Nextel Communications Inc., the sixth largest U.S. mobile company, on Friday said its third-quarter profit rose amid strong customer growth and it raised its earnings forecast for the full year.
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Alltel Corp.  on Tuesday posted  better-than-expected profit and revenue as the rural wireless  provider attracted new subscribers, and shares rose more than 2  percent in early trading.
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Despite a dip in profits, growing revenues from wireless subscribers pushed overall profits above forecasts.
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Juniper Networks reported a second-quarter profit of $86.2 million, on a more-than-expected revenue increase of 17 percent.
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Top telecommunications service  provider AT&T Inc.  on Tuesday said its profit and revenue  grew on an adjusted basis, helped by strong growth in its  wireless business.
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Chicago Mercantile Exchange Holdings Inc. (CME.N: Quote, Profile, Research) on Tuesday said quarterly profit rose 89 percent on record derivatives trading volumes, beating Wall Street estimates for a third straight quarter.
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Top U.S. telecommunications service provider AT&T Inc.  on Tuesday reported a rise in quarterly profit and revenue, helped by growth in wireless and Internet subscribers.
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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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Nextel Communications, the nation&#39;s fifth-largest wireless provider, said yesterday that its profit jumped 69 percent in the third quarter from the period last year.
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Nextel Communications Inc. yesterday reported improved profit and revenue during its third quarter as it boosted its subscriber base to 14.
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SAN ANTONIO -- AT&T Inc. posted a 61 percent increase in second-quarter earnings on Tuesday, lifted primarily by its buyout of BellSouth Corp. but also aided by gains in wireless subscribers and revenue.
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Qualcomm Inc.&#39;s earnings rose 35 percent on continued sales growth in its fiscal fourth quarter, but the cell-phone technology company projected earnings for the new fiscal year below Wall Street&#39;s views.