Nextel Communications said yesterday that quarterly profit fell from a year earlier, when it had a gain from the sale of an international unit, but revenue rose 29percentt.
Net income dropped to $67 million, or 36 cents a share, from $106 million, or 54 cents, in the period a year earlier, when Federated had a gain from the sale of its Fingerhut unit.
Profit fell 73percentt from a year earlier, when the company had a gain from a legal settlement.
Federated's net income fell to $120 million, or 64 cents a share, from $282 million, or $1.39 a share, a year earlier, when the company had a gain from an asset sale.
The one-time items included a gain from pension settlements.
Asia has enjoyed a gain from cheaper oil of almost 3% of GDP this year.
Manhattan was the only borough that showed a gain from combined domestic and international migration.
Profit at the insurance unit rose 15percenttoto 761 million euros, including a gain from reinsurance.
Excluding a gain from commodity hedges, earnings were $1.54 a share, topping the $1.45 expected by analysts.
And there were no months when at least one market did not show a gain from the previous month.
Excluding charges related to stock-based compensation and a gain from the sale of its shares in Baidu, the Chinese Internet company, Google earned $2.49 a share.
