Ericsson Third-Quarter Profit May Rise on Phone Unit Update1 Bloomberg.com Oct. 18 (Bloomberg) -- Ericsson AB, the world's biggest maker of wireless-network equipment, may post its first quarterly profit increase this year on record earnings at a telephone venture with Sony Corp. Reports: Carlyle Cuts Bid for China Firm AP via Yahoo! Finance U.S. investment firm Carlyle Group has cut the size of the stake it is trying to buy in a Chinese construction equipment maker in an effort to win approval of the deal, which prompted an outcry over the sale of Chinese assets to foreigners, news reports said Wednesday. Ericsson Has First Profit Gain This Year on Venture Update7 Bloomberg.com Oct. 19 (Bloomberg) -- Ericsson AB, the world's largest maker of cellular networks, reported its first profit increase this year after record earnings at the mobile-phone venture with Sony Corp. Carlyle Cuts Bid for Chinese Company KiplingerForecasts.com U.S. investment firm Carlyle Group has cut the size of the stake it is trying to buy in a Chinese construction equipment maker to 50 percent, the Chinese company said Wednesday, after a takeover bid last year offer prompted a nationalist outcry. Ericsson Has First Profit Gain This Year on Venture Update4 Bloomberg.com Oct. 19 (Bloomberg) -- Ericsson AB, the world's largest maker of cellular networks, reported its first profit increase this year after record earnings at the mobile-phone venture with Sony Corp. The stock gained as much as 2.6 percent. Orica Agrees to Buy Minova to Tap China's Coal Demand Update6 Bloomberg.com Oct. 17 (Bloomberg) -- Orica Ltd., the world's largest explosives maker, will buy mining services company Minova for A$857 million ($646 million) to tap growth in China, the world's biggest user and producer of coal. Its shares rose. AT&T chases tempting idea USATODAY.com via Yahoo! News SAN ANTONIO - The Andrews household used to spend $80 a month to buy satellite TV services from DirecTV, $40 for cable with Time Warner and $50 for high-speed Internet services with AT&T. The family also invested $300 in a TiVo DVR and program service, using it to record Desperate Housewives,Gilmore Girls and other shows. In Today's Papers Fast Company Magazine Water cooler conversation topics: AT&T Chases Tempting Idea "Fading phone biz pushes company in new direction: TV service" Bar Codes and Camera Phones Will Be a Shopper's Best Friend (Registration required) Microsoft Research's new Aura tool could help bridge shopping Online news and information for the Rhinelander region Rhinelander Daily News THE DEAL: Oshkosh Truck announced Monday it would buy construction equipment maker JLG Industries for nearly $3 billion. THE SIGNIFICANCE: The deal means Oshkosh Truck, a military and commercial vehicle maker, is now poised to take advantage of the recent growth in real estate construction. It's a family affair at Qualcomm CNN Money Paul Jacobs, CEO of Qualcomm since July 2005, is talking up the tech company's latest big bet: live television on your cell phone. Jacobs is spending $800 million on the gambit, which includes a state-of-the-art network operations center a few miles from Qualcomm's San Diego headquarters. "You should see it," Jacobs declares proudly. "It's very trick."
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