Financial News

By Joseph Palenchar On Apr 30 2013 - 4:51pm

San Diego – No-contract carrier Leap Wireless suffered continued subscriber losses, a revenue decline, and higher operating and net losses in its fiscal first

By Alan Wolf On Apr 30 2013 - 4:37pm

Port Washington, N.Y. – IT and CE seller Systemax reported a $6.3 million loss for the first quarter ended March 3, compared to year-ago earnings of $7.1

By Joseph Palenchar On Apr 30 2013 - 2:14pm

Shizuoka, Japan — Yamaha returned to profitability with $42.3 million in net income for its fiscal year ending March 31.

That reverses a previous-year

By Joseph Palenchar On Apr 30 2013 - 10:50am

New York — SiriusXM posted a 15 percent gain in first-quarter net income to $124 million on a 12 percent rise in revenues to $897 million and a 12 percent

By Steve Smith On Apr 30 2013 - 9:40am

Boca Raton, Fla. — Office Depot reported lower sales and a net loss of $17 million in the first quarter, ended March 30.

Sales were $2.7 billion, down

By Steve Smith On Apr 26 2013 - 1:43pm

Tokyo — JVC Kenwood reported lower net sales and net income in its fiscal year, which ended March 31.

Net sales were 306,580 million yen, down from the

By Steve Smith On Apr 26 2013 - 9:40am

Seoul, South Korea — Samsung Electronics reported higher revenues and net profit based in part on strong smartphone sales in the first quarter, ended March 31

Doug Olenick On Apr 26 2013 - 9:27am

Chicago — Cobra Electronics cited lower store traffic and higher-than-expected legal expenses for its lower sales and loss for the company’s first

By Alan Wolf On Apr 25 2013 - 4:22pm

Seattle – Continued investments in content and the impact of unfavorable foreign exchange rates let to a sharp drop in Amazon.com’s first-quarter

By Steve Smith On Apr 25 2013 - 4:20pm

Santa Ana, Calif. — Ingram Micro reported higher worldwide sales but lower net and operating income for the first quarter, ended March 31.

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