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Quarterly revenue was down 4percentto to $4.46 billion, from the corresponding quarter of last year.
Check Point reported a record $40 million profit and revenues of $78 million in the latest quarter, up nearly 80percentt from the corresponding quarter of 1999.
While the profit was 47percentt below the corresponding quarter of 2006, that decline was less than the analysts had expected.
The listing service reported 319 sales of Westchester properties in excess of $1 million in the three months that ended on June 30, compared with 192 in the corresponding quarter of 2003, a 66percentt increase.
By upgrading existing hotels and adding a program to attract business travelers, he added, the company generated 14.2percentt more revenue per room in the third quarter this year than in the corresponding quarter of 1999.
That was 29percentt more than the $638 million, or $1.32, earned in the corresponding quarter of 1999 and 11 cents a share more than analysts had expected, according to First Call/Thomson Financial.
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As for CBS and UPN, Mr. Mandel at MediaCom said he thought that by waiting to sell most of his commercial time in the scatter market, Mr. Karmazin "may be right in the second and third quarters of next year," when the economy is expected to be much stronger than in the corresponding quarters of 2001 and higher demand would bring higher prices.
The major factors that led to the sharp increase in net earnings for the quarters of 2007 compared to the corresponding quarters of 2003 were a significant increase in selling, general and administrative expenses for the promotion of Can-C™ NAC lubricant eye drops to public.
Over all, the housing inventory in each quarter of 2002 was higher than that of the corresponding quarter in 2001.
In the corresponding quarter a year earlier, a charge of $198 million, or 4 cents a share, for an accounting change, resulted in net income of $916 million, or 21 cents.
That was down from 74 cents for the corresponding quarter a year earlier, but far ahead of analysts' estimates of 43 cents a share.
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