Quarterly Earnings

NEW YORK-Shuffle Master Inc. made a $3 million private equity investment in Sona Mobile Holdings Corp. via the purchase of 2.3 million shares of common stock, the companies announced. Sona …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Robert W. Baird raised its 2006 estimates on BellSouth …

REDMOND, Wash.-Microsoft Corp.’s Mobile & Embedded Devices business-which houses the company’s smart phone efforts-posted its first-ever quarterly operating profit, helping the software giant meet Wall Street earnings expectations for the …

HELSINKI, Finland-Nokia Corp. reported gains in its business during the fourth quarter, but a drop in the company’s mobile phone profits appeared to scare investors. Nokia’s shares dropped by around …

BELLEVUE, Wash.-Shares of InfoSpace Inc. edged downward despite a solid fourth quarter that helped the company nearly double its annual profits. The Internet and mobile search provider reported a net …

SAN DIEGO-While wireless chip titan Qualcomm Inc. posted strong first quarter results, the company’s stock slipped slightly downward due to warnings of slowing sales in its second quarter. Qualcomm posted …

LONDON-Mobile infrastructure software provider Airwide Solutions Inc. snagged $25 million in its fourth round of financing. New investor Advent International led the round, joined by existing investors Artiman Ventures, Axiom …

TEL AVIV, Israel-Wisair announced it secured $20 million in its latest round of funding. The company said it will use the cash to transition to “volume production and broad market …

MURRAY HILL, N.J.-Thanks in part to a $278 million bankruptcy lawsuit ruling, Lucent Technologies Inc. posted a first quarter net loss of $104 million, or 2 cents per share. The …

Alltel Corp. reported weaker-than-expected total earnings, but still outpaced analysts’ predictions by adding 147,000 net new wireless subscribers, most of which were prepaid. Alltel reported consolidated revenue of $2.58 billion, …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Lehman Brothers upgraded its rating on CenturyTel Inc. from …

SAN DIEGO-Shares of InfoSonics Corp. rebounded this morning after the phone distributor said it expects fourth-quarter revenue of at least $34 million. InfoSonics, which distributes handsets in the United States …

SAN DIEGO-Sky MobileMedia Inc., which provides mobile applications software platforms for wireless handsets, said it closed on $15 million of series B financing. Sid R. Bass Associates led the round. …

SHENZHEN, China-China’s largest telecom equipment maker Huawei Technologies Co. Ltd. announced that its global sales jumped to $8.2 billion in 2005-a 40 percent increase over 2004’s results. The company said …

SANTA CLARA, Calif.-Venture capital funds continue to roll over the wireless industry, with two chip companies and an antenna vendor announcing the latest in fundraising. First up, WiMAX chipmaker TeleCIS …

NEW YORK-Credit ratings firm Standard & Poor’s is turning a sharp eye on wireline companies and their wireless offspring, citing concerns about wireline businesses’ ability to compete with Voice over …

SCHAUMBURG, Ill.-Motorola Inc. announced it invested an undisclosed sum in Global Locate Inc., a privately held GPS semiconductor, software and services provider. “Global Locate is a compelling addition to our …

CHICAGO-The American Stock Exchange has given U.S. Cellular Corp. additional time to regain compliance with its listing standards. In November, U.S. Cellular failed to report its earnings on time for …

SCHAUMBURG, Ill.-Motorola Inc. announced it invested an undisclosed sum in Global Locate Inc., a privately-held GPS semiconductor, software and services provider. “Global Locate is a compelling addition to our portfolio …

The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Carriers Morgan Stanley updated its estimates on Verizon Communications following …

FORT WORTH, Texas-Shares of RadioShack Corp. slid after the company reported disappointing fourth-quarter sales and confirmed it will fall short of projected 2005 earnings-due largely to lagging wireless sales. The …

MOUNTAIN VIEW, Calif.-Digital security and mobile content provider VeriSign Inc. said it plans to spend $30 million in cash to acquire software developer CallVision Inc. Seattle-based CallVision provides Web-based billing …

WESTBOROUGH, Mass.-Tower company Optasite Inc. announced it obtained a new $65 million credit facility. The company said GE Capital Markets Inc. led the financing arrangements. GE Capital Markets was also …

SARASOTA, Fla.-SkyLynx Communications Inc., which provides dedicated wireless data networks for mobile and fixed applications, said it acquired Vetco Hospitals Inc. for $3.25 million in stock. Vetco provides veterinary products …

GLEN BURNIE, Md.-American Financial Holdings Inc. finalized its merger with Pelican Mobile Computers Inc., which provides rugged mobile hardware and software for law enforcement agencies and emergency workers. The combined …