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Verizon sees margin hit from record iPhone sales

NEW YORK -(MarketWatch)- Verizon Communications Inc. VZ said profit margins for its wireless venture dropped in the fourth quarter due to record high sales of the Apple Inc. AAPL iPhone, the wildly popular smartphone that typically costs more for carriers to buy than other handsets. Verizon Wireless–co-owned by Verizon Communications and Vodafone Group PLC (VOD.LN, VOD) — sold 4.2 million... 

PNM resources to buy back 7M shares from Gates

PNM Resources Inc. PNM +0.60% said Friday that it will buy back roughly seven million of its shares from Cascade Investment LLC, Microsoft Corp. MSFT +0.23% cofounder Bill Gates’s investment vehicle. Under an agreement signed Friday, PNM will buy the shares for a price based on the average price at which the stock trades between Oct. 27 and Nov. 9, PNM wrote in a filing with the Securities and... 

Ralcorp rejects another raised bid from ConAgra

Ralcorp Holdings Inc. RAH +1.07% said Friday that it had rejected a third unsolicited takeover offer from ConAgra Foods Inc. CAG +0.78% that valued the private-label specialist at around $5.2 billion. ConAgra had sweetened its all-cash offer to $94 a share. Ralcorp had previously turned down an $82 per share offer in April and an $86 a share approach in May. This is ConAgra’s first move since... 

Verizon to sell iPhone 4 from Feb. 10

NEW YORK (MarketWatch) — Verizon Wireless said Tuesday morning that it will launch the popular iPhone 4 from Apple Inc. in February, at prices identical to those offered for the device by AT&T Inc. At a news conference in New York, Verizon  (VZ 35.32, -0.60, -1.67%)  said it will begin selling the iPhone on Feb. 10. The carrier’s existing customers will be able to preorder the device online... 

Satview Broadband Ltd. to Purchase System From Baja Broadband LLC

RENO, NV, Oct 18, 2010 (MARKETWIRE via COMTEX) — WENR Corporation (pinksheets:WNRC) announced today Satview Broadband Ltd., a wholly owned subsidiary of WENR Corp., has signed an agreement to purchase a non-core cable system from Baja Broadband LLC, a portfolio company of M/C Venture Partners and Columbia Capital, in Nevada. Financial terms of the transaction have not been disclosed. Closing... 

VirTra Posts Record Breaking Quarter with More Than a 50% Increase in Growth & Profit from 2009

TEMPE, Ariz., Aug 09, 2010 (BUSINESS WIRE) — Don Andrus, VirTra Systems’ COO and President (Pink Sheets:VTSI), today announced a record setting quarter for growth and profits. VirTra reported another set of record revenues with over 50% growth as compared to the same quarter in 2009. The second quarter of 2010 was the highest revenue-generating quarter in the history of the company. Three... 

Agrees to Acquire Kentucky Properties From War Creek Energy, LLC

DALLAS, TX, Jun 16, 2010 (MARKETWIRE via COMTEX) — STANDARD OIL COMPANY USA, INC.’s (PINKSHEETS: SOCU) (http://www.standardoilcompanyusa.com ) Chairman, Ronald Brooks and CEO of Standard Oil Company USA, Inc. announces the execution of binding letter of intent to purchase the War Creek Project in War Creek and Mill Creek Districts, Breathitt County, Kentucky. Recorded from War Creek Energy,... 
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