US West said its first-quarter profit rose...
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US West said its first-quarter profit rose 17%, boosted in part by a one-time gain from the settlement of a tax dispute. Without the gain, US West would have posted a 9.6% rise.
The phone company, which provides local phone service in many western states, said it earned $334.4 million, or 81 cents a share, compared to $285.9 million, or 73 cents a share, in 1991’s first quarter.
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