Qwest profit boosted by tax benefit
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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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Phone company Qwest Communications International Inc  on Tuesday cut its earnings outlook for the year, sending its shares down 4 percent, though its quarterly profit rose with the help of a tax benefit and cost cuts.
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Wireless technology and chip supplier Qualcomm Inc  on Wednesday posted a higher profit for its fiscal first quarter as revenue rose on strong demand for its mobile phone chips.
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Wireless technology company Qualcomm Inc. reported a larger fourth-quarter profit on Wednesday despite changing the way it accounts for royalties on licenses of its technology.
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Nike posts a 51% rise in quarterly profit, boosted by strong revenue growth and a one-time tax benefit.
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Profits got a boost despite sluggish sales from the challenging environment.
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Standard Life reports better than expected profits, helped by sales of more profitable pension products.
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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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Stocks rose on Thursday, after government leaders agreed on a plan for tax rebates to stimulate the U.S. economy and a healthy outlook from cell- phone chip maker Qualcomm helped drive the Nasdaq up sharply.
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Wireless technology company Qualcomm  Inc. QCOM.O on Wednesday reported a higher quarterly profit  on growing demand for its technology but its outlook for the  current quarter disappointed some investors.
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Strong growth in broadband connections and subscriptions to the Orange mobile network boosts profits at France Telecom.
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AT&T  posted a higher quarterly profit as strength in its wireless business offset weakness in traditional consumer services.
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The company posted first-quarter net income of $949 million, fueled by strong demand from telecommunications customers and a tax benefit.
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McDonald's Corp , the world's  largest restaurant chain operator, posted higher quarterly  profit on Monday, helped by a tax benefit, despite sluggish  sales at U.S. restaurants
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AT&T Corp., the No. 4 U.S. telephone  company, said on Thursday its fourth-quarter earnings increased  due to cost-cutting through job cuts and a tax benefit from the  writedown of its assets.
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Tyco Electronics reported a higher quarterly profit Wednesday, helped by a tax benefit and strong demand from telecommunications customers.
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Nextel Communications Inc., the wireless telephone service provider, reported a 69 percent increase in profits in the third quarter, thanks to continued customer growth as well as a one-time tax benefit, and boosted guidance for the year.