- Strong Banks, Weak Credit: Treasury Rethinks TARP
- How Many US Consumers Will Shop this Weekend?
- Tuesday's Heavy Dose of Data to Dictate 'Risk' Behavior
- GE Capital Losses May See Dramatic Fall: JP Morgan
- Obama says Boosting US Jobs is Top Priority
- World's Largest Share Issue Priced at Deep Discount
- Hormel Profit Jumps Despite Declining Sales
- Heinz Profit Falls, Raises Full-Year View
- Playboy to Outsource Most Magazine Operations: Report
- Can Murdoch Help Bing Challenge Google and Shift the Content Equation?
- HP's Mark Hurd
- HP Comes in As Expected; Is It Time to Buy?
- 9 Stocks That Play Rising Water Costs: Strategists
- Weis' Deal Likely Won't Change Big Money Contracts
- Gold Prices Can Double in 3 Years: Portfolio Manager
- Nov. 23: Unusual Volume Leaders
- Help Wanted—Please Run $4 Billion University
- Apple Comes to AT&T's Rescue
MOST SHARED
- The 'Real' Jobless Rate: 17.5% Of Workers Are Unemployed
- Why Amazon Rules Retail
- Gold Will Collapse Like Oil Did in 2008: Charts
- China Eastern to Complete Shanghai Air Buy by End '09
- Wave of Debt Payments Facing US Government
- JAL Slides to Record Low on Bankruptcy Jitters
- Prepare For Large Decline In Stocks, Next Year?
- Paul: Audit the Fed
- Nielsen Ratings Coming to Video Games
- The Social Media Gaming Threat
Text Size 
Europe's largest entertainment group Vivendi delivered a better than expected 5.1 percent rise in its third-quarter underlying profit on Thursday, and said it was sticking to its 2009 forecast.
 |
The owner of Universal Music Group, the world's biggest record company, reaffirmed its 2009 forecast for a strong rise in operating income.
The owner of Activision Blizzard [ATVI
Loading...
()
], the world's biggest video games company, and of SFR—France's second-biggest mobile telecoms service operator—said third-quarter earnings before interest, taxes, and amortisation (EBITA) rose 5.1 percent to 1.346 billion euros. Revenue declined 2.5 percent to 6.347 billion euros.
The average forecast given in a Reuters poll of 10 analysts was for EBITA of 1.28 billion euros and sales of 6.362 billion euros.
Vivendi's shares have lost 15 percent so far this year, underperforming a 12 percent gain in the European media sector and an 8 percent gain in European telecoms.
- A diet high in fat and sugar might actually be good for your portfolio.
- Warren Buffett and Bill Gates discuss the economy and other subjects with CNBC's Becky Quick.
- From the AIG&T to the Merrill Lychee, Jane Wells lists this year's fashionable holiday cocktails.
- One shopper explains why – aside from the prices – he gets up at 3am on the day after Thanksgiving to go shopping every year.
- Congressman Ron Paul explains to Squawk Box why he’s pushing legislation to audit the Federal Reserve.
- …you'll want to be prepared. Tips for getting the most out of the post-Thanksgiving shopping frenzy.
Data is a real-time snapshot *Data is delayed at least 15 minutes