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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Toyota Motor is issuing another recall — this time it involves 740,000 cars and sports-utility vehicles in the U.S. and nearly 600,000 units in Japan to repair a seal on the vehicles’ brake master cylinder that may leak fluid …
Caterpillar Inc. (CAT) reported third quarter earnings of $1.22 per share, compared with 64 cents per share a year earlier.
Sales and revenue rose 53% to $11.134 billion, the company said in a statement.
“Third-quarter results continue to demonstra…
Samsung Electronics’ (SSHNY) Galaxy Tab, one of the first tablet computers to challenge Apple’s (AAPL) iPad, will be available from Nov. 11 in Verizon Wireless stores and cost $599.99.
The price tag makes the Galaxy marginally cheaper than that $629 …
Handset maker Nokia Corp. (NOK) said Thursday that will lay off 1,800 workers as it seeks to cut costs in its Symbian Smartphone operation.
CEO Stephen Elop said that Nokia “faces a remarkably disruptive time in the industry, with recent results demonstrating that we must reassess our role in and our approach to this industry,” The Associated Press reported.
The news came as the…
Continue reading Nokia to Cut 1,800 Jobs, Posts Strong Profit
Nokia to Cut 1,800 Jobs, Posts Strong Profit originally appeared on DailyFinance on Thu, 21 Oct 2010 06:44:00.
Filed Under: Company News, Technology, Earnings, Media, Nokia, Retail