third-quarter 2008 earnings


Verizon: Wireless is Our Friend

Somewhere in Verizon Communications Inc.’s (VZ) deepest recesses, there surely is a shrine to cell phone inventor Martin Cooper where Ivan Seidenberg bows, often. Because without wireless, Verizon – not to mention its rivals – would be hurtin’ for certain in this economy. But, never fear! Verizon added 2.1 million new mobile subscribers in the third […]

Level 3 Loses $120 Million in 3Q

Level 3 Communications Inc. (LVLT) still is losing money, but at least not as much as Wall Street had feared. The Colorado carrier on Thursday reported $120 million in losses during the third-quarter, compared to losses of $174 million a year earlier. Sales, however, improved only slightly. Level 3 reported $1.07 billion in revenue; it had […]

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