The study found that, from January to December 2010, wireless data traffic rose by 110%, while MMS and text messaging increased 64% and 31%, respectively.
The Wireless Association, or CTIA, released its bi-annual survey of wireless carriers and subscriber trends today at the organization's industry event in Orlando, Florida.
Luciano will lead the company's global operations and commercial activities. He will report to the company's Office of the Chairman, comprised of Chairman, CEO and President Patricia Woertz and Vice Chairman John Rice.
Patricia Woertz commented on the announcement saying, "I am very pleased to have Juan join our senior executive team and partner with us as we grow the value, earnings and size of our company.
Archer Daniels Midland (NYSE:ADM) announced that Juan R. Luciano will join the company in the new role of Executive Vice President and COO, which is effective on April 12.
Vincent C. Byrd, currently the President of U.S. Retail Coffee and with 34 years experience at the company, will assume the role of President and Chief Operating Officer with responsibility for the Company's U.S.
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The J.M. Smucker Company (NYSE:SJM) said on Tuesday that effective August 16, 2011, Richard K. Smucker will become the sole CEO of the Company. His current Co-CEO, Timothy P. Smucker, will continue to serve the Company as Chairman
Allegheny Technologies (ATI) announced Monday that President and COO Richard Harshman will replace Chairman and Chief Executive Officer, L. Patrick Hassey. The outgoing executive will retire on May 1. Harshman has been with the c
Warsh was considered the most hawkish of the Fed Governors having openly stated that the Fed may need to raise rates with force in order to combat inflation.
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Bush appointed Federal Reserve Governor Kevin Warsh announced his resignation today after only five years at the Fed. His term would have ended in 2018. Warsh's resignation now leaves two vacancies on the seven-member board.
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Federal Reserve Chairman Ben Bernanke told Congress that the central bank will press on with its $600 billion stimulus program because of stubbornly high unemployment, but also acknowledged that the bank is keeping a wary eye out
The board also authorized the repurchase of up to $7 billion of the company's outstanding common stock.
George W. Buckley, 3M chairman, president and CEO: "Today's announcement reflects the strength of our business model and our confidence in the future.
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3M's (NYSE:MMM) board of directors declared a dividend on the company's common stock of $0.55 per share for Q1 of 2011, which is a 5% increase over the dividend paid in 2010, according to a Bloomberg report.
Ronald E. Hermance, Jr., Chairman and Chief Executive Officer commented, "We are very proud of reporting another record year of earnings, our 11th in a row. However, our fourth quarter earnings are more reflective of the trend we
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Hudson City Bancorp (NASDAQ:HCBK) reported Q4 EPS of $0.25, ahead of consensus estimates of $0.23 per share.
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Viacom (VIA) announced that it has appointed Robert Bakish to the newly created position of President and CEO of Viacom International Media Networks. Bakish was previously President of MTV Networks International. In his new role,
CMCSA bid/ask gap remains wide so far this morning. GE is down 0.6% at last check.
According to the WSJ, Genachowski wants Comcast to observe ""net neutrality"" rules in giving competitors' videos the same treatment as its own for customers using its Internet service.
FCC Chairman Julius Genachowski has told the FCC's other commissioners that he supports Comcast's (CMCSA) offer to buy a controlling interest in General Electric's (GE) NBC Universal, subject to certain conditions, the Wall Street
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...