Infosys disappoints with 33% profit rise, outlook cut

India's Infosys Ltd. Thursday reported a lower-than-expected net profit for its fiscal first quarter and cut its dollar revenue forecast for the year, leading to a 10% decline in its share price.

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Adtran Q2 net down 43% on higher costs

CEO Tom Stanton blames 'tightening spending environment' for profit dip, flat sales.
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Microsoft to record $6.2 billion goodwill writedown in Q4

Software giant says writedown largely result of 2007 acquisition of aQuantive.

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TeliaSonera has acquired 85.6% of TEO

TeliaSonera, who launched a voluntary takeover bid to acquire all the outstanding shares in TEO LT, continues to purchase shares through open market transactions. As of June 25 TeliaSonera now holds 85.6 per cent of TEO LT.

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America Movil raises stake in KPN to 7.3%

Mexican telco bought more shares in four separate transactions.

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