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FCC Struggling For Consensus On Net Neutrality; Verizon, Google Said To Reach Web Deal – Update
Telecommunication service provider Verizon Communications, Inc. (VZ) said Thursday that it will continue to work with the Federal Communications Commission or FCC, Congress and all interested parties to find a solution in order to ensures that the Internet remains open...
Continue reading full story (read 22 views times) Add a comment - 0 users have commented on this postBP Completes Cementing Macondo Oil Well – Update
Oil giant BP plc (BP, BP.L) said Thursday it has completed cementing operations at the damaged Gulf of Mexico well as part of the static kill procedure. The company noted that monitoring of the well is underway in order to...
Continue reading full story (read 15 views times) Add a comment - 0 users have commented on this postBlack Hills Slips To Loss In Q2; Reaffirms FY10 EPS Outlook – Update
Diversified energy company Black Hills Corp. (BKH) reported a net loss for the second quarter, reflecting an unrealized loss on interest rate swaps, while the prior-year period results include an unrealized gain. Excluding items, adjusted earnings per share increased from...
Continue reading full story (read 18 views times) Add a comment - 0 users have commented on this postConsolidated Edison Q2 Profit Rises 22%; Boosts 2010 Profit View – Update
Diversified utility company Consolidated Edison, Inc. (ED) reported Thursday a 22% year-over-year growth in profit for the second quarter, boosted by cost control and stronger than expected performance at its competitive energy businesses. Ongoing earnings per share for the quarter...
Continue reading full story (read 22 views times) Add a comment - 0 users have commented on this postSandRidge Energy Turns To Profit In Q2 – Update
Oil and natural gas company SandRidge Energy, Inc. (SD) on Wednesday reported a profit for the second quarter, reflecting higher production as well as increases in oil and natural gas prices, while the year-ago results include a hefty non-cash ceiling...
Continue reading full story (read 12 views times) Add a comment - 0 users have commented on this postClearwire Q2 Loss Widens On Higher Expenses – Update
Broadband services company Clearwire Corp. (CLWR) reported Wednesday significantly wider year-over-year loss for the second quarter, primarily reflecting a sharp increase in costs of goods and services, and higher selling expenses....
Continue reading full story (read 13 views times) Add a comment - 0 users have commented on this postAtwood Oceanics Q3 Profit Down 13% Despite Higher Revenues – Update
Drilling contractor Atwood Oceanic Inc. (ATW) on Wednesday reported a 13% decline in profit for the third quarter as a valuation allowance on deferred tax assets more than offset an increase in revenues. ...
Continue reading full story (read 12 views times) Add a comment - 0 users have commented on this postJack In The Box Q3 Profit Rises, Misses View; Slashes 2010 Profit Outlook – Update
Restaurant chain operator Jack in the Box, Inc. (JACK) reported Wednesday a 24% year-over-year growth in profit for the third quarter, as the year-ago quarter results were weighed down by discontinued operations....
Continue reading full story (read 24 views times) Add a comment - 0 users have commented on this postWGL Holdings Q3 Profit Surges; Cuts FY10 Outlook – Update
WGL Holdings Inc. (WGL), the parent company of Washington Gas Light Co., on Wednesday reported a surge in profit for the third quarter, reflecting mark-to-market gains on energy-related derivatives and other one-time items. Excluding items, the company posted an operating...
Continue reading full story (read 16 views times) Add a comment - 0 users have commented on this postLeap Wireless Q2 Loss Narrows; Announces New Devices, Deals With Sprint – Update
Low-cost wireless services provider Leap Wireless International Inc. (LEAP) on Tuesday reported a net loss for the second quarter that narrowed from the prior-year period that includes a loss on extinguishment of debt. However, the company recorded a net loss...
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