Vivendi SA

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Vivendi beats forecasts, cautious on 2010

Reuters US Online Report Business News 19 days ago

PARIS (Reuters) - Vivendi, Europe's largest entertainment group, sounded a cautious note on its profit outlook for this year despite posting better than expected results for 2009, boosted by its video games and telecoms units. Chief Executive Jean-Bernard Levy said he expected ...

Vivendi reports sharp profit slide

AFP Global Edition 19 days ago

French media and telecom group Vivendi on Monday reported a 68.1-percent slide in net earnings last year despite an unexpectedly strong sales performance that boosted its share price. Net profit came to 830 million euros (1.13 billion dollars) from sales that rose ...

Vivendi 4th-quarter net loss narrows 32 pct

AP News 19 days ago

Vivendi 4th-quarter loss narrows to $1.3 billion on flat sales as financial charges diminish Vivendi SA said Monday its net loss narrowed by 32 percent in the fourth quarter due to lower financial charges, even though it made a euro550 million ($746 ...

GE, Comcast agree on valuing NBC Universal: report

AFP American Edition 24 days ago

<div><p>US corporations General Electric and Comcast have agreed on how to value NBC Universal, clearing a key obstacle to giving Comcast control of GE's television and movie company, The Wall Street Journal has reported.</p><p>Citing people familiar with the matter, the newspaper said ...

Vivendi reports 78 percent profit plunge

AFP Global Edition 24 days ago

<div><p>French media and telecommunications group Vivendi on Thursday reported a 78 percent plunge in third quarter net earnings but said operating results were up 5.1 percent and should show "strong growth" for the full year.</p><p>The group said sales had fallen 2.5 percent ...

France's Vivendi takes control of Brazil's GVT

AFP Global Edition 24 days ago

<div><p>France's Vivendi said Friday it had acquired 37.9 percent of Brazilian telecom operator GVT and irrevocable options to buy another 19.6 percent, giving it control of the group.</p><p>Vivendi "concluded an acquisition contract with Swarth Investments LLC, Swarth Investments Holdings LLC and Global ...

Stocks dip as investors fret about recovery

Reuters US Online Report Business News 24 days ago

<div><p>NEW YORK (Reuters) - U.S. stocks fell for a third straight day on Friday as investors took weaker-than-expected results from computer maker Dell &lt;DELL.O&gt; and homebuilder D.R. Horton &lt;DHI.N&gt; as a further sign that the recovery would be anemic.</p>< ...

Business Highlights

AP News 24 days ago

<div id="subtitle">Business Highlights</div><div><p>More states add jobs, but many for temporary staff</p><p>WASHINGTON (AP) — In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment ...

Vivendi eyes NBC Universal exit: CFO

Reuters US Online Report Business News 24 days ago

<div><p>BARCELONA (Reuters) - Vivendi could exit from U.S. media group NBCU Universal as it has no intention to be part of the future joint venture being discussed by Comcast and General Electric, its chief financial officer said on Thursday.</p><p>Philippe Capron also told ...

GE, Vivendi $1 billion apart over NBC Universal stake: report

Reuters US Online Report Business News 24 days ago

<div><p>NEW YORK (Reuters) - General Electric &lt;GE.N&gt; and Vivendi &lt;VIV.PA&gt; are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said on Thursday.</p><p>The difference dampens hopes of ...

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