Marconi posts operating profit

Article Abstract:

Marconi PLC announced that its operations broke even in the second quarter ended 9/30, and its debt-reduction program is on track. Heavy cost-cutting helped the company make an operating profit of GBP5 million (Euro8 million) for the quarter, versus a loss of GBP227 million in the previous fiscal first quarter.

United Kingdom, Finance, Abstract, Telent PLC

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Nokia net climbs on Asian growth, marking recovery

Article Abstract:

Nokia Corp. first quarter net income rose 18 percent, $863 million Euro ($1.13 billion) from $729 million Euro of last year and sales increased 17 percent to $7.4 billion from $6.35 billion Euro. Increased market share, particularly in Asia is the magic. Shipments to China rose 69 percent to 7.1 million.

Telephone and telegraph apparatus, Commodity & service prices, Asia, Security brokers and dealers, Securities & Commodities Services, Securities, Commodity Contracts, and Other Financial Investments and Related Activities, Prices and rates, Securities industry, Market share, Company sales and earnings, Company earnings/profit, Company Profile, Company securities, Company market share, Company pricing policy

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Wireless operators, phone makers roam each other's turf

Article Abstract:

The article discusses the mobile phone marketplace in Europe and how there is a drop in demand. Shares in Nokia, the No.1 handset maker, fell 23% after the company warned of flat sales.

Europe

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