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UPDATE 3-Verizon posts higher revenue as consumers use more data

2014-10-22 15:11:31| IT Services - Topix.net

Verizon Communications Inc's quarterly revenue rose 4.3 percent, matching forecasts, as price cuts attracted more customers and growing mobile video traffic boosted data usage. Subscribers' tendency to use more than one device, plugging in tablets and vehicle consoles to its network, also bolstered results.

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UPDATE 2-Verizon posts higher revenue as consumers use more data

2014-10-21 19:52:03| Telecom - Topix.net

Verizon Communications Inc posted higher third-quarter revenue on Tuesday as it attracted more customers after cutting prices and as data-hungry consumers watched more videos on its network and used more devices, boosting their monthly bills. Verizon's quarterly profit per share missed Wall Street estimates by a penny.

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Verizon Posts Lower Profit, Higher Revenue

2014-10-21 15:37:17| IT Services - Topix.net

Verizon Communications Inc on Tuesday posted lower quarterly earnings, but revenue rose as it added customers to its wireless business. Verizon reported a third-quarter profit of $3.79 billion, or 89 cents per share, compared with $5.6 billion, or 78 cents per share, a year earlier.

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Genuine Parts Posts Higher Profit, Helped by Acquisitions

2014-10-21 03:26:55| Auto Parts - Topix.net

Genuine Parts Co. said its third-quarter earnings rose 9.7% as the automotive-replacement parts distributor reported sales growth across all its businesses, in large part due to recent acquisitions.

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Texas Instruments posts higher revenue and profit for third quarter 2014

2014-10-21 01:31:44| Semiconductors - Topix.net

Shares of Texas Instruments Inc. are compared with shares of the Philadelphia Semiconductor Index over the last month. Texas Instruments Inc. ignored signs of weakening in the semiconductor industry by reporting higher revenue and profits for the third quarter of this year.

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