Cellcom Israel Q1 net falls 44% on price erosion

Cellcom Israel Ltd.'s first-quarter earnings fell 44% as increased competition continued to drive down prices, a trend the Israeli cellular provider expects to continue and perhaps escalate.

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Telefonica Brasil Q1 net profit down 15.2%

Telefonica Brasil SA. Thursday reported its first-quarter net profit fell 15.2% to 956.5 million Brazilian reais ($488 million) from a year earlier due to higher costs generated by depreciation and amortizations.

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InfoSpace Q1 net soars on TaxACT acquisition

U.S. search company beat Q1 revenue guidance and earnings came in at high end of expectations.

InfoSpace Inc.'s first-quarter profit surged as the Internet search company's newly acquired TaxACT tax preparation business added substantially to its top line.
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Cisco Q3 net up 20%, weak Q4 view sends shares lower

IT spending projections have been revised lower in recent months, according to CEO Chambers. Cisco Systems Inc.'s fiscal third-quarter earnings jumped 20% on higher revenue and margins, though the network-equipment maker struck a cautious tone about the information-technology spending environment.
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Mediobanca net profit down 73% on Telco, loan losses

Telecom Italia parent reported €1 billion loss on nine months ended 31 January. Italian merchant bank Mediobanca SpA Wednesday reported a 73% drop in net profit for the fiscal third quarter, hit by a big increase in impairments, including a write-down on its Telco stake, but it said the worst of the losses are behind it.

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