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  • TeliaSonera reported unexpectedly weak earnings on Friday and said it planned to cut 2,900 Nordic staff as part of an efficiency drive to reach a promised 5 billion Swedish crown ($775 million) savings target.

  • BT's Shares Fall on Lower-than-Forecast Sales Thursday, 7 Feb 2008 | 12:59 PM ET

    BT Group reported third-quarter revenue slightly lower than analysts expected Thursday, sending shares down by 9. 8 percent.

  • Apple Rumor Mills "Abuzz" But I'm Not Buying Them Thursday, 7 Feb 2008 | 12:58 PM ET
    Apple

    Apple investors have to be scratching their heads wondering when the great story of 2007 will return to 2008. Or if it will at all. The latest grenade lobbed into the Apple tent comes from Friedman Billings Ramsey, purporting to show that Apple has reduced production of its iPod, iPhone and Mac.

  • Cisco Stuns Street with Lousy Forecast Wednesday, 6 Feb 2008 | 6:26 PM ET
    cisco_systems.jpg

    The news from Cisco was a kind of Goldilocks earnings report...a small upside surprise on the topline to the tune of $30 million: $9.83 billion instead of the consensus of $9.8 billion the Street was looking for. Until the guidance. Ouch.

  • Cisco's Earnings: A Case Of High Anxiety For The Street Wednesday, 6 Feb 2008 | 12:39 PM ET
    cisco_systems_sign_3.jpg

    Just a few hours to go now before Cisco reports and to say there's a nervous tension on Wall Street right now anticipating the news is a deep understatement. It's palpable. I've spent a chunk of the morning calling investors and culling reaction: "nervous" comes up a lot.

  • Euro Stocks Higher After Choppy Session Wednesday, 6 Feb 2008 | 12:09 PM ET

    European shares managed to end a volatile session in positive territory Wednesday, having followed U.S. stocks higher and gained from bullish utilities and telecom stocks.

  • Cell Phone Ads: Do You Think They're Evil? Wednesday, 6 Feb 2008 | 11:24 AM ET
    text_message.jpg

    Can you think of anything more annoying than getting an ad on your cell phone? And what if you get an ad when you are just walking down the street minding your own business, and happen to pass a particular store?

  • France Telecom Raises 2008 Cash Flow Forecast Wednesday, 6 Feb 2008 | 3:08 AM ET

    France Telecom on Wednesday raised its cash flow outlook for 2008 as it posted a 3.1 percent rise in annual underlying profits, driven by resilient sales growth and rigorous cost control.

  • Euro Stocks Plunge on US Services Contraction Tuesday, 5 Feb 2008 | 12:13 PM ET

    European stocks closed sharply lower Tuesday after a report showed a contraction in the U.S. services sector in January, increasing fears of a recession in the world's biggest economy.

  • Silicon Valley & The Election: Big $$$ Endorsements Tuesday, 5 Feb 2008 | 11:34 AM ET
    Apple

    Maybe it's because the industry is maturing; maybe it's because the executives themselves are maturing; but make no mistake: Silicon Valley is putting its money where its mouth is when it comes to the presidential campaign...

  • KPN Gives Upbeat 2010 Outlook, Shares Rise Tuesday, 5 Feb 2008 | 8:46 AM ET

    Telecoms group KPN gave an upbeat three-year outlook on Tuesday as it reported quarterly results that matched forecasts, adding its Dutch business will return to growth after doubling job cuts.

  • SingTel Profit Up Nearly 10% on Asian Mobile Growth Monday, 4 Feb 2008 | 6:55 PM ET
    singapore_telecom.jpg

    Singapore Telecommunications, Southeast Asia's largest phone company, posted a 9.6 percent rise in quarterly underlying profit on Tuesday, as robust Asian mobile growth offset a margin squeeze at its Australian unit Optus.

  • Motorola Shares Up as It Mulls Cell Phone Split-Off Friday, 1 Feb 2008 | 5:13 PM ET
    Motorola's Razr V3 cell phone.

    Shares of Motorola rose 10 percent Friday after the company said it was considering splitting off its mobile phone division, the company's biggest unit.

  • Ericsson Shares Slip on Earnings, Outlook Friday, 1 Feb 2008 | 12:35 PM ET

    Ericsson reported a lower-than-expected quarterly profit Friday, sending its shares 2.7 percent down, while company CEO Carl-Henric Svanberg told "Power Lunch Europe" the outlook for the year ahead is largely flat.

  • Microsoft CEO Ballmer: His Memo On Plans For Yahoo Friday, 1 Feb 2008 | 11:02 AM ET
    micro_ceo.jpg

    I've gotten ahold of Microsoft CEO Steve Ballmer's internal memo he emailed to the troops this morning about his plans to spend $45 billion in a hostile bid for struggling search stalwart Yahoo. (Thanks for sending. You know who you are!)

  • Motorola Hangs Up on Handsets Thursday, 31 Jan 2008 | 6:22 PM ET
    Motorola, Inc.

    It is a stunning move by the pioneering name in mobile phones and the best data yet about just how deep the company's problems run: Motorola announced late Thursday that it is seeking alternatives for its handset business that likely will mean a sell-off of the division.

  • Motorola May Realign to Boost Cell Phone Business Thursday, 31 Jan 2008 | 5:12 PM ET
    Motorola's Razr V3 cell phone.

    Motorola said on Thursday it is considering separating its loss-making mobile phone unit, in an apparent concession to demands from activist investor Carl Icahn, sending its shares up 12.7 percent.

  • Massive Internet Outage Hobbles India Outsourcers Thursday, 31 Jan 2008 | 1:36 PM ET
    infosys_india_outsource.jpg

    India's lucrative outsourcing industry struggled Thursday to overcome Internet slowdowns and outages after cuts in two undersea cables sliced the country's bandwidth in half.

  • Vodafone Tops Forecasts with Robust Revenue Thursday, 31 Jan 2008 | 12:38 PM ET

    Vodafone Group, the world's largest mobile phone company by revenue, topped market forecasts with solid third-quarter revenues on Thursday and held out the possibility of another full-year upgrade.

  • Palm CEO Colligan Gets A Vote Of Confidence Thursday, 31 Jan 2008 | 11:05 AM ET
    colligan_ed.jpg

    Even as Apple Inc. tries to fend off rumors that iPhone sales are slowing, and Nokia generates a flood of positive media because of better than expected sales this past quarter, struggling Palm continues to raise its hand, trying to get noticed amid all the action in the wireless sector.

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