Softbank's quarterly profit drops 49 percent on Sprint woes

Japanese Internet company SoftBank Group Corp., which is struggling to turn around Sprint in the U.S., reported Tuesday a 49 percent plunge in profit for the January-March quarter to 45.2 billion yen ($415 million), compared ...

Reorganization costs hit Microsoft profit

Microsoft reported a drop in quarterly profit Thursday, dragged down by higher costs for restructuring and integrating Nokia mobile phone operations.

Viacom adjusted profit falls in 1Q, beats Street

Viacom says its net income rose sharply in its first fiscal quarter from results depressed by a large accounting charge in a year ago. But its revenue fell due to drop at its Paramount studio business and lower advertising ...

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