AT&T exceeded Wall Street’s revenue expectations and hit its mark for earnings in the third quarter. The telecom said it activated 5.2 million iPhones during the period, the most in a quarter yet.
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United Airlines and Continental Airlines reported healthy third-quarter earnings thanks to higher ticket prices and stronger demand for air travel.
United reported earnings of $2.12 per share, excluding some items, Bloomberg News said. Continental’s earnings were $2.24 a share.
Growing demand for air travel means airlines can raise ticket prices without scaring away customers.
The…
Continue reading United, Continental See Earnings Jump on Demand for Travel
United, Continental See Earnings Jump on Demand for Travel originally appeared on DailyFinance on Thu, 21 Oct 2010 08:55:00.
Filed Under: Company News, Earnings
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