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Verizon 2Q profit rises 93 percent
NEW YORK (AP) — Verizon is reporting that its second-quarter earnings nearly doubled after securing full ownership of Verizon Wireless.
Strong wireless subscriber additions boost Verizon
Defying allies, France to deliver first warship to Russia
(Reuters) - Verizon Communications Inc, the largest U.S. wireless telecoms company, reported better-than-expected quarterly revenue and profit due to a jump in postpaid wireless subscriber additions. However, the company's net profit fell 16.8 percent as interest expenses rose. Verizon's shares fell about 1 percent to $50.08 before the bell. The company's postpaid wireless subscriber net additions surged 53 percent to 1.4 million in the second quarter ended June 30. Operating revenue rose 5.7 percent to $31.48 billion. However, net income fell to $4.3 billion, or $1. ...
By Yann Le Guernigou and Guillaume Frouin PARIS/ST NAZAIRE (Reuters) - President Francois Hollande won broad domestic applause on Tuesday for defying allies Britain and the United States by confirming plans to deliver a helicopter carrier to Russia, with one backer dismissing their objections as hypocritical. Speaking on the eve of an EU meeting to discuss sanctions on Moscow over the downing of a civilian airliner over Ukraine, Hollande said late on Monday that a first Mistral warship would be handed over on schedule in October but a decision on a second would depend on Russia's attitude. It was the clearest signal yet that Paris will go through with the controversial deal despite the Ukraine crisis and came only hours after British Prime Minister David Cameron said it would be "unthinkable" for his country to fulfill such an order. He is delivering the first (ship) despite the fact he is being asked not to," Jean-Christophe Cambadelis, head of Hollande's ruling Socialist Party, told i Tele television on Tuesday.