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.


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.


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.

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.

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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