Marvell Cuts Q3 Guidance, CFO Steps Down
Marvell cut its financial outlook for the third quarter of fiscal 2013, ending October 27, 2012, saying it now expects ...
Tag: Financials
Nokia’s Slide Continues
Nokia sales fell 19% to EUR 7.239 billion compared to a year earlier as the number of devices shipped, especially ...
Verizon Hits Double-digit Earnings Growth — Smartphones, LTE. FiOS, Lower CAPEX
Verizon Communications reported Q3 2012 operating revenues of $29.0 billion on a consolidated basis, an increase of 3.9 percent compared with ...
Mellanox Hits Q3 Revenue of $157 Million, up 17% Sequentially
Mellanox posted revenue of $156.5 million for the third quarter of 2012, up 17.2 percent from $133.5 million in the second ...
Verizon to Transfer Pension Plan Obligations Worth $7.5 Billion to Prudential
Verizon Communications announced plans to transfer $7.5 billion in management pension plan obligations to The Prudential Insurance Company of America ...
ZTE Shows Big Loss for First Nine Months of 2012
Despite higher revenue overall for the first nine months of 2012, ZTE reported a preliminary loss of between RMB1.65 billion and ...
DragonWave Posts Revenue of $44.2 Million
DragonWave reported revenue of $44.2 million for the quarter ended 30-Aug-2012, compared with $13.6 million in the same period last year ...
ADTRAN Posts Q3 Revenue of $162 Million
ADTRAN reported Q3 revenue of $162,125,000 compared to$192,194,000 for the third quarter of 2011. Net income was $9,272,000 for the quarter compared to$36,213,000 for the ...
Russia’s MegaFON Readies IPO
MegaFon, which is Russia's second largest mobile operator, is preparing plans to launch an initial public offering of its shares on ...
ADTRAN Cuts Guidance on Weak U.S. Carrier Spending
Citing weakness in spending by U.S. carriers, ADTRAN cut its revenue and earnings estimates for the third quarter ending September ...
Verizon and Union Reach Labor Agreement
Verizon Communications Inc. and the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW) reached an ...
Telefónica Secures US$1.2 Billion in Loans from China
Telefónica secured US$1.2 billion in credit with China Development Bank and Industrial and Commercial Bank of China. BBVA acted as ...
SAIC to Split in Two with One Focus on Cyber + Big Data
Science Applications International Corporation (SAIC) announced plans to split into two stand alone businesses: A technical services business focused on ...
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