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Network gear maker Juniper Networks Inc forecast third-quarter revenue and profit below analysts' expectations, citing delays in closing sales deals at some North American customers.
With Rogers Communications Inc. confirming that it has eliminated "several hundred middle management positions" as part of its Rogers 3.0 corporate revitalization plan, analysts say the Toronto-based company's new CEO Guy Laurence is taking necessary steps to shake up the company after a period of stagnation.
Broomfield's Level 3 Communications Inc. on Tuesday released details of a management structure that will be put into place after the purchase of TW Telecom is completed.
Profit jumped to $4.32 billion from $2.25 billion, or 78 cents per share. Net income per share grew, but at a lower rate, to $1.01 per share from 78 cents per share.
Comcast Corp.'s second-quarter net income rose 15 percent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
Comcast Corp.'s second-quarter net income rose 15 per cent to nearly $2 billion as it added high-speed Internet customers at a faster pace than a year ago and video subscriber losses moderated.
Sprint's smaller customer base means it costs the wireless carrier twice to serve each customer as industry leader Verizon Wireless, The Kansas City Star reports.
CenturyLink's Robert Collins and Yates Construction's Noah Miller, both veterans, raised the American flag atop the steel frame of the CenturyLink Technology Center of Excellence in a traditional 'topping out' ceremony.
New York State Police and Watertown, New York, police have arrested a man in connection with the killing of an Oldham County taxi driver.
Beard starts immediately and will be responsible for such things as marketing, BlackBerry 10 app development and customer care and quality.
Verizon Wireless is launching a nationwide loyalty program this week for its 100-million-plus subscribers.
Vodafone Egypt will invest around 9.5 billion Egyptian pounds over the next three years to improve its network, its recently appointed chief executive said.
Starting Monday, all new subscribers will get "symmetrical" connections. The cheapest plan will deliver 25 megabits per second up and down, an increase from 15 megabits down and 5 megabits up.
Huawei Technologies Co Ltd, the world's No. 2 telecom equipment maker, said on Monday it will achieve sustainable growth in 2014 after posting a 19 percent jump in first-half revenue to 135.8 billion yuan .
Investors will look to earning reports this week, including those from Canadian National Railway and Rogers Communications.
This weekend in Barron's online: six contrarian stock picks, how Barron 's stock picks fared in the first half, as well as the prospects for Halliburton, Copart, Horsehead Holding, Juniper Networks and more.
Updated: Wed Jul 23, 2014 01:33 am
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