Quarterly Earnings

HONG KONG—Altai Technologies Ltd. snapped up $10 million during its first round of financing and said it plans to use the funds to expand its engineering, sales and marketing efforts …

ATLANTA—Air2Web said it snared $25 million in a financing round led by The Carlyle Group. The wireless software company said it will use the new funds to further its work …

SUNNYVALE, Calif.—Palm Inc. shares were up more than 3 percent on the heels of the company’s first-quarter earnings report, a grab-bag of news on the company’s fortunes. The report included …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

CAMPBELL, Calif.—SoonR said it raised $6 million in series A funding. The company said it plans to use the funds to expand its service, which allows customers to access data …

BELLEVUE, Wash.—Shares of InfoSpace Inc. plunged after the company said it expects its revenues to take a hit due to a plan by an unnamed carrier partner to develop direct …

BOSTON—Shares of American Tower Corp. slid after the tower vendor said it will have to restate earnings due to inconsistencies regarding past stock-option grants. The company plans to file an …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

LOS ANGELES—Application distribution company Handango said it snared a whopping $60 million in a recently closed funding round. Institutional Venture Partners, Advanced Technology Ventures, Neo Carta, Pharos Capital Group, SSM …

DRAPER, Utah—S5 Wireless, which specializes in wireless location technology, said it raised $11.5 million in its second financing round. S5 said its solution allows location accuracy similar to Global Positioning …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

MENLO PARK, Calif.—Voice-recognition software developer Promptu said it closed an $11.6 million round of funding. Steelpoint Capital Partners led the round, and other current investors also participated. Promptu, which was …

SUNNYVALE, Calif.—Palm Inc. said it expects revenues to fall short of its previous guidance for the first quarter of next year due to slower sales of its Treo device in …

KIRKLAND, Wash.—Clearwire Corp. said all the conditions of its previously announced investment arrangement with Intel Capital and Motorola Ventures have been completed. Further, the company said the original $900 million …

KING OF PRUSSIA, Pa.—InterDigital Communications Corp. has been awarded $134 million in past royalties, plus interest, from Samsung Electronics Co. Ltd. on Samsung’s sales of GSM and GPRS/EDGE phones from …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

SANTA CLARA, Calif.—Fixed-mobile convergence technology developer Azaire Networks Inc. picked up $21 million during a third round of funding led by Investor Growth Capital, and new investors in the company. …

METHUEN, Mass.—SiGe Semiconductor raised $19.5 million in an expansion round of financing led by venture-capital and private-equity firms, the company announced. SiGe Semiconductor makes radio frequency modules that are integrated …

MIAMI—Mobile-phone distributor Brightstar Corp. said it has completed expansion of a $250 million credit facility. PNC Financial Services Group Inc. led syndication of the credit facility; other investors included HSBC, …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

LONDON—Smart phone OS vendor Symbian Ltd. announced increasing shipments and rising revenues in the second quarter, and promised more of the same in the future. “Looking forward … I expect …

SUNNYVALE, Calif.—Mobile technology startup SiBEAM said it snared $21 million in Series B venture funding. Foundation Capital led the round, which included follow-on investments from New Enterprise Associates and U.S. …

BOSTON—Shares of Boston Communications Group Inc. continued to slide after the company received a letter from Nasdaq indicating it was not in compliance with Nasdaq’s requirements for continued listing. BCGI, …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR …

KING OF PRUSSIA, Pa.—InterDigital Communications Corp. issued guidance for the third quarter, saying it expects to record revenues of between $67 million and $68 million. The guidance is below average …