China Telecom Reaps Efficiency Gains in 1Q After 3G Assets Acquisition

Carrier China Telecom CHA increased first-quarter revenue 15% year over year to CNY 78 billion ($12.6 billion) thanks to strong mobile service revenue and handset sales. EBITDA grew at a much faster pace of 36%, as the firm benefited from scale efficiencies on its 3G network after it acquired the assets from its parent at…

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Large Cap Active Runners: Nokia Corporation (ADR) (NYSE:NOK), Citigroup Inc (NYSE:C), Micron Technology (NASDAQ:MU), Yahoo! Inc. (NASDAQ:YHOO)

Nokia Corporation (ADR) (NYSE:NOK) (BIT:NOK1V) (HEL:NOK1V) is going through some big changes right now with the sale of its devices division. Morgan Stanley analyst Francois Meunier and his team have raised their price target for the company to €6 a share from €5.20 a share but maintained their Equal-Weight rating on the stock. Nokia Corporation…

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News Buzz : Amazon.com, Inc. (NASDAQ:AMZN), Vale S.A. (NYSE:VALE), AngloGold Ashanti Limited (ADR) (NYSE:AU), Old Point Financial (NASDAQ:OPOF), Access Midstream Partners (NYSE:ACMP)

Amazon.com, Inc. (NASDAQ:AMZN), like most tech companies, is staffed and run mostly by white males. The Seattle company disclosed on Friday in a lengthy page on its website titled “Diversity at Amazon” that its global work force is 63 percent male and 37 percent female. Its managers are 75 percent male and 25 percent female….

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