International Business News - Communications http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Defense contractor L-3 Communications Holdings Inc. raised its full-year profit and sales forecast Thursday after reporting better-than-expected second-quarter profit. http://www.ibtimes.com/articles/20080724/l-3-boosts-2008-outlook-after-higher-2q-results.htm Thu, 24 Jul 2008 11:24:57 EDT Defense contractor L-3 Communications Holdings Inc. reported a 48 percent gain in second-quarter earnings Thursday, as the reversal of a court ruling against the company and the sale of a product line lifted results. http://www.ibtimes.com/articles/20080724/l-3-communications-2q-profit-jumps-48-percent.htm Thu, 24 Jul 2008 10:33:21 EDT Level 3 Communications Inc. said Thursday its second-quarter loss narrowed as the Internet network operator recorded higher communications revenue and a gain from the sale of an advertising distribution business. http://www.ibtimes.com/articles/20080724/level-3-narrows-2nd-quarter-loss-as-revenue-grows.htm Thu, 24 Jul 2008 09:42:22 EDT Journal Communications Inc. says it has completed its acquisition of KWBA-TV, a CW Network affiliate serving the Tucson, Arizona market. The Journal Broadcast Group already owns an ABC affiliate in the Tucson market along with four radio stations. http://www.ibtimes.com/articles/20080723/journal-communications-acquires-arizona-tv-station.htm Wed, 23 Jul 2008 11:12:21 EDT Diversified media company Journal Communications Inc. said Tuesday that June profit for its publishing and broadcast groups fell 6.4 percent due to advertising losses as circulation revenue stayed mostly flat. http://www.ibtimes.com/articles/20080722/journal-communications-june-sales-fall-6-4-percent.htm Tue, 22 Jul 2008 10:00:05 EDT Journal Communications Inc., which operates television and radio stations and publishes the Milwaukee Journal Sentinel, said Tuesday that second-quarter earnings fell 36 percent, as the weak economy continued to hurt advertising revenue. http://www.ibtimes.com/articles/20080722/journal-communications-2q-profit-falls-36-percent.htm Tue, 22 Jul 2008 08:57:14 EDT Wireless infrastructure operator SBA Communications Corp. said Monday that it will buy tower company Optasite Holding Company Inc. SBA said that its recently formed subsidiary will merge with Optasite, and that entity will become an SBA subsidiary. http://www.ibtimes.com/articles/20080721/sba-communications-to-buy-optasite.htm Mon, 21 Jul 2008 10:56:21 EDT Credit ratings agency Standard & Poor's on Friday said it raised its ratings on wireless provider MetroPCS Communications Inc. because of the company's improving ratio of debt to cash flow. http://www.ibtimes.com/articles/20080718/s-p-upgrades-rating-on-metropcs-communications.htm Fri, 18 Jul 2008 15:45:12 EDT A vice president of data networking technology company Brocade Communications Systems Inc. exercised options for 14,844 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Tuesday. http://www.ibtimes.com/articles/20080709/brocade-communications-vp-exercises-options.htm Wed, 09 Jul 2008 16:41:38 EDT Aircraft maintenance contractor L-3 Communications said Tuesday that its board declared a quarterly cash dividend of 30 cents. The dividend will be paid on Sept. 15 to shareholders of record as of Aug. 18. http://www.ibtimes.com/articles/20080709/l-3-communications-declares-quarterly-dividend.htm Wed, 09 Jul 2008 06:54:33 EDT Russian telecommunications provider Vimpel-Communications said Tuesday it will invest $267 million to establish a mobile telecommunications joint venture in Vietnam called GTEL-Mobile. http://www.ibtimes.com/articles/20080708/vimpelcom-to-form-joint-venture-in-vietnam.htm Tue, 08 Jul 2008 08:02:38 EDT A director of communications provider SureWest Communications bought 11,635 shares of common stock, according to a filing with the Securities and Exchange Commission. http://www.ibtimes.com/articles/20080703/surewest-communications-director-buys-shares.htm Thu, 03 Jul 2008 12:05:29 EDT An analyst upgraded L-3 Communications Holdings Inc. Thursday, saying the defense contractor likely won't be affected by a change in the U.S. presidency. http://www.ibtimes.com/articles/20080703/ahead-of-the-bell-l-3-communications-holdings.htm Thu, 03 Jul 2008 08:58:16 EDT The Communications Workers of America spent $160,000 in the first quarter to lobby the federal government on numerous issues affecting its members, according to a recent disclosure form. http://www.ibtimes.com/articles/20080701/communications-union-spent-160k-lobbying-in-1q.htm Tue, 01 Jul 2008 09:56:53 EDT A Citi Investment Research analyst downgraded shares of Level 3 Communications Inc. to "Sell" on Monday, saying shares of the network services provider may be overpriced and recent improvements are "unsustainable." http://www.ibtimes.com/articles/20080630/ahead-of-the-bell-citi-cuts-level-3-to-sell.htm Mon, 30 Jun 2008 08:47:28 EDT Voicemail and fax services company j2 Global Communications Inc. said Monday it filed three patent infringement lawsuits against Protus IP Solutions Inc., Captaris Inc., and EasyLink Services International Corp. http://www.ibtimes.com/articles/20080630/global-communications-files-3-lawsuits.htm Mon, 30 Jun 2008 08:03:27 EDT Shaw Communications Inc. said it will boost its annual dividend 11 percent to 80 cents. The Alberta, Ontario-based cable company said it will pay the higher rate on a monthly basis starting Sept. 29. http://www.ibtimes.com/articles/20080627/shaw-communications-boosts-dividend-11-percent.htm Fri, 27 Jun 2008 17:20:56 EDT Consolidated Communications Holdings Inc. said its board declared a quarterly dividend of 38.738 cents. The telecommunications service provider said the dividend is payable on Aug. 1 to shareholders of record July 15. http://www.ibtimes.com/articles/20080627/consolidated-comm-sets-dividend-of-38-74-cents.htm Fri, 27 Jun 2008 13:56:17 EDT Canadian cable television and Internet services provider Shaw Communications Inc. said Friday its fiscal third-quarter profit climbed 39 percent year-over-year on higher sales. http://www.ibtimes.com/articles/20080627/shaw-communications-3q-profit-up-39-percent.htm Fri, 27 Jun 2008 09:08:59 EDT Standard & Poor's Ratings Services said Thursday it may raise the ratings of Canadian cable, wireless and media company Rogers Communications Inc. S&P bumped its outlook for Rogers' ratings to "positive" from "stable." The positive tag implies a rating may be raised over the next six to 12 months. http://www.ibtimes.com/articles/20080626/s-p-may-boost-ratings-on-rogers-communications.htm Thu, 26 Jun 2008 13:48:54 EDT