Time Warner Cable profit beats on Internet growth

(Reuters) – Time Warner Cable Inc posted a higher-than-expected profit, boosted by high-speed Internet growth, but a contraction in its video business saw its shares pull back as some investors sold after gains of nearly 25 percent this year. The New York-based company added more Internet and phone subscribers than Wall Street forecast in the first quarter, but its video business contracted more . . .

View full post on internet million – Yahoo! News Search Results

Russian Internet firm Yandex 1Q profit up 53 pct

Russian search engine operator Yandex N. V. said Thursday that its profit jumped 53 percent in the first quarter, as revenue increased on stronger contextual advertising business. The Moscow-based company . . .

View full post on internet million – Yahoo! News Search Results

Time Warner Cable profit beats on Internet subs

(Reuters) – Time Warner Cable Inc posted a higher-than-expected quarterly profit, boosted by high-speed Internet growth and a strong business services segment. The New York-based company added more than 217,000 residential and business Internet customers and 124,000 phone customers during the quarter. But it lost 90,000 video subscribers to end the quarter with 12. 5 million. This includes 673 . . .

View full post on internet million – Yahoo! News Search Results

Powered by Yahoo! Answers