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AT&T profit falls 71% after year-ago gains

NEW YORK (MarketWatch)
AT&T Corp. said Thursday its third-quarter profit fell 71% to $3.62 billion, or 61 cents a share, from $12.3 billion, or $2.07 a share, in the year-ago period.
Excluding one-time gains last year from a tax settlement an…

NEW YORK (MarketWatch)
AT&T Corp. said Thursday its third-quarter profit fell 71% to $3.62 billion, or 61 cents a share, from $12.3 billion, or $2.07 a share, in the year-ago period.
Excluding one-time gains last year from a tax settlement an…