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QCOM, BP, UN, BT - Why Businesses Do What They Do

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Qualcomm Incorporated (Nasdaq:QCOM), a leading developer and innovator of advanced wireless technologies, products and services, yesterday revealed results for the fourth fiscal quarter and year ended September 26, 2010.

"I am very pleased with our performance this year as we delivered record earnings per share and record MSM chipset volumes," said Dr. Paul E. Jacobs, chairman and CEO of Qualcomm. "Our outlook includes strong revenue and earnings growth in fiscal 2011. In the coming year, we expect continued strong growth in CDMA-based device shipments, including smartphones and other data-centric devices, driven by the global adoption of 3G and accelerating consumer demand for wireless data. With our industry-leading chipset roadmap, broad licensing program and increasing number of global partners, we are well positioned to take advantage of these industry trends."

QUALCOMM Incorporated engages in the development, design, manufacture, and marketing of digital wireless telecommunications products and services.

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BP plc (NYSE:BP) said that it had set aside an additional $7.7 billion for expenses related to the Gulf of Mexico oil spill, mainly because of a delay in the completion of the relief well that permanently sealed the leak. The pretax charge, which followed $32.2 billion set aside last quarter, contributed to a sharp drop in profits for the multinational oil giant. For the third quarter, BP earned a net profit of $1.79 billion, down from $5.34 billion a year earlier.

BP p.l.c. provides fuel for transportation, energy for heat and light, retail services, and petrochemicals products. The company operates through two segments: Exploration and Production, and Refining and Marketing.

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Unilever NV (NYSE:UN) and Walgreens unveiled a new activity and life skills learning area at the Midtown Education Foundation’s Metro Achievement Center, serving inner-city girls in Chicago from grades 4 through 12, at an event. The new Activity and Life Skills learning area, a formerly unfinished and unutilized space at the Metro Achievement Center, will expand personal and educational development programs to support girls ages 8 to 18.

Unilever works to create a better future every day. Unilever helps people feel good, look good and get more out of life with brands and services that are good for them and good for others. Each day, around the world, Unilever serves over two billion consumers.

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BT Group plc (NYSE:BT) said its Key Account Marketing Live program (KAM Live) has won a Diamond Marketing Excellence Award from the International Technology Services Marketing Association (ITSMA). This prestigious award recognizes the KAM Live program as best-in-class in the Lead Generation, Management and Measurement category.

BT Group is one of the world's leading providers of communications solutions and services operating in more than 170 countries. BT Group's principal activities include the provision of networked IT services globally; local, national and international telecommunications services to our customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services.

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