EchoStar Posts Profit, Adds Subscribers
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EchoStar Communications Corp.  on Tuesday said third-quarter profit rose on an aggressive campaign to add more new subscribers.
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By Reuters. Sirius Satellite Radio Inc. said yesterday that it passed the 800,000 subscriber mark and is on track to have one million by the end of the year, further fueling the company&#39;s stock.
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Echostar said Tuesday that it will acquire Sling Media in a $380 million cash and stock deal that closes later this year.
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Also: company announces it exceeded 2 million subscribers over Labor Day weekend.
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Nextel Communications Inc. NXTL.O,  the sixth largest U.S. mobile provider, on Friday said its  quarterly profit rose on strong subscriber growth, including  better-than-expected sales to young customers.
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The DVR pioneer turns a profit for its latest quarter.
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Ad costs hit bottom line but subscriptions grow.
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The open-source software provider said that its third quarter profit rose as a surge in subscriptions helped offset increased spending on marketing and research.
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Sling Media, developer of the innovative Slingbox TV-streaming device, is set to be acquired by EchoStar Communications, which operates the Dish Network direct-to-home satellite TV service in the U.S., the companies said late Monday.
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EchoStar adds a Slingbox even as it ponders division.
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Research In Motion Ltd.    reported a higher than expected second-quarter profit  on Thursday, as the addition of about 705,000 BlackBerry  subscriber accounts helped boost revenue by 34 percent.
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The newspaper powerhouse joins its peers in reporting earnings.
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BSkyB reports a rise in first quarter profits and sales but there is further evidence that subscriber growth is slowing down.
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U.S. satellite TV operators DirecTV  Group Inc. and EchoStar Communications Corp. are expected to  report steady subscriber growth in the fourth quarter, but face  a slowdown this year due to increased competition from cable,  analysts said.
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The New York Times Co  reported higher profit and revenue on Tuesday because of a rise in national advertising and circulation revenue, a contrast to a downbeat earnings season for other U.S. newspaper publishers.
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Internet media company Yahoo Inc.  on Tuesday posted a jump in quarterly profit fueled by online advertising revenue and the sale of an investment.
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Aetna Inc  posted a better-than-expected third-quarter profit on Thursday as membership increased, and the health insurer projected next year's earnings would grow faster than Wall Street expected.