NEW YORK -- Verizon Communications
Verizon owns 55% of Verizon Wireless. It has yet to put forward a proposal to Vodafone but it has hired both banking and legal advisers for a possible bid, the sources said.
Verizon hopes to start discussions with Vodafone soon for a friendly deal but could take a bid public if Vodafone doesn't engage in talks, one of the sources told Reuters.
For the same quarter last year, the company earned 28 cents a share on revenue of $13.2 billion.
Analysts expect oil giant Exxon Mobil
In last year's first quarter, Exxon, the world's most valuable company, earned $9.45 billion, or $2 a share, on revenue of $124 billion.
United Parcel Service
For the third quarter, Qualcomm said it expects non-GAAP earnings to be between 97 cents and $1.05 a share, on sales between $5.8 billion and $6.3 billion. Analysts are looking for $1.04 a share in earnings on $5.89 billion in sales.
-- Written by Joseph Woelfel
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