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Sprint posts 3Q profit thanks to investment gain
2013-10-30 17:56:47| IT Services - Topix.net
Sprint Corp., the third-largest U.S. Wireless carrier, said Wednesday that it earned a profit in the third quarter thanks to a one-time gain from its previous investment in Clearwire Corp., even as revenue inched lower.
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UPDATE 2-Gilead posts 17 pct profit rise, readies for HCV launch
2013-10-30 01:38:32| Biotech - Topix.net
Biotechnology company Gilead Sciences Inc reported a 17 percent jump in quarterly net profit on Tuesday and raised its outlook for full-year sales as revenue and demand for its flagship HIV drugs exceeded Wall Street estimates.
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Waste Management (WM) Posts Quarterly Earnings Results, Hits Estimates
2013-10-29 19:34:25| Waste Management - Topix.net
Waste Management released its earnings data on Tuesday. The company reported $0.62 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.62, Stock Ratings Network reports.
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Waste Management Posts Net Earnings Jump in Quarter
2013-10-29 18:14:00| Waste Age
Waste Management Inc. posted a large increase in net earnings for its third quarter, aided by strong solid waste results. read more
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Nokia posts small underlying profit in Q3, shipments improve
2013-10-29 12:07:00| Telecompaper Headlines
(Telecompaper) Nokia reported a small underlying profit for the third quarter, helped by reduced losses at its mobile phone business. Adjusted EPS was EUR 0.01, versus a loss of EUR 0.07 a year earlier, while revenues were down 22 percent year-on-year to EUR 5.662 billion. The adjusted operating profit more than doubled to EUR 215 million, and the company generated positive operating cash flow of EUR 9 million. The company's main division Devices & Services met its outlook for an adjusted operating margin of around minus 2 percent, with a result of 1.6 percent, and revenues improved sequentially by 6 percent to EUR 2.898 billion, thanks to quarterly growth in shipments of both smartphones and feature phones. Nokia said it expects Devices & Services to remain in the red in Q4, when it will start reporting the unit as discontinued activities, pending completion of the planned sale of the mobile phone business to Microsoft.
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