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Verizon misses earnings estimates as price pressure takes toll
2015-01-22 20:14:38| Telecom - Topix.net
Verizon Communications Inc., the largest U.S. wireless carrier, missed analysts' fourth-quarter profit estimates as a surge in sales of deeply discounted phones squeezed margins. Photo Credit: AP Verizon Communications Inc., the largest U.S. wireless carrier, missed analysts' fourth-quarter profit estimates as a surge in sales of deeply discounted phones squeezed margins.
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IBM fourth-quarter profit beats estimates
2015-01-21 00:25:48| Semiconductors - Topix.net
International Business Machines Corp reported a better-than-expected quarterly adjusted profit, helped by increasing demand for its fast-growing cloud business. Net income fell to $5.48 billion, or $5.51 per share, in the fourth quarter ended Dec. 31, from $6.19 billion, or $5.73 per share, a year earlier.
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IBM posts fourth-quarter revenue below estimates
2015-01-20 23:48:06| Electronics - Topix.net
International Business Machines Corp reported quarterly revenue that missed analysts' estimates, as it grapples with dwindling demand for its servers and storage products. IBM forecast 2015 operating earnings of $15.75 to $16.50 per share, just shy of analysts' average estimate of $16.51 per share, according to Thomson Reuters I/B/E/S.
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AT&T Estimates Charges Of $10 Billion In Fourth Quarter
2015-01-17 07:21:36| Telecom - Topix.net
AT&T Inc said it expected to record charges of about $10 billion for the fourth quarter but the non-cash losses would not affect operating results. The biggest U.S. telephone company said it would take a charge of $7.9 billion related to actuarial gains and losses on pension and post-employment benefit plans.
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AT&T estimates charges of $10 billion in fourth quarter
2015-01-17 03:11:43| Telecom - Topix.net
AT&T Inc said it expected to record charges of about $10 billion for the fourth quarter but the non-cash losses would not affect operating results. The biggest U.S. telephone company said it would take a charge of $7.9 billion related to actuarial gains and losses on pension and post-employment benefit plans.
Tags: charges
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