Sony Corp. (SNE: chart), engages in the development, design, manufacture, and sale of electronic equipment, instruments, and devices, said that its fourth-quarter loss widened on 13% higher revenue. For the quarter the company reached a loss of 67.56 billion yen ($573 million), or 67.44 yen ($0.57) per share, compared with 66.53 billion yen, or 66.58 yen per share, in the year-earlier period. Revenue climbed to 2.09 trillion yen ($17.71 billion) versus 1.856 trillion yen in the same period a year ago.

Telefonica (TEF: chart), telecommunications company, said that its first-quarter net income rose a better-than-forecast 8% to 1.26 billion euros ($1.7 billion), with revenue up 15% to 13.75 billion euros. Telefonica said its profit was lifted by its Spanish fixed line business and the acquisition of U.K. mobile operator O2. Telefonica held its 2007 outlook.

Copa Holdings SA (CPA: chart), airline company, said that its first-quarter net earnings rose 51% to $48.6 million, or $1.12 per share, compared with $32.3 million, or 75 cents per share, in the year-ago period. Revenue rose 27% to $242.7 million.