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Swisscom's Profit Rises 59% on FastWeb; Stock Jumps (Update4)
Aug. 8 (Bloomberg) -- Swisscom AG, Switzerland 's largest phone company, posted the biggest quarterly profit jump in almost two years after the purchase of FastWeb SpA bolstered Internet- service sales. The stock rose the most in almost five years. |
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Swiss Re reaps 45 percent profit
ZURICH, Switzerland (Reuters) -- Reinsurer Swiss Re said it had escaped the subprime crisis and that second-quarter net profit jumped by 45 percent, meeting expectations, with the help of a large acquisition and low claims. |
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Energy Search Goes Underground
BASEL, Switzerland - When tremors started cracking walls and bathroom tiles in this Swiss city on the Rhine, the engineers knew they had a problem. "The glass vases on the shelf rattled, and there was a loud bang," Catherine Wueest, a teashop owner, recalls. |
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Swisscom's Second-Quarter Profit Rises 59% on FastWeb (Update2)
Aug. 8 (Bloomberg) -- Swisscom AG, Switzerland 's largest telephone company, reported a 59 percent jump in second-quarter profit after the acquisition of Italy's FastWeb SpA bolstered Internet service revenue. |
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