Financial News

By Joseph Palenchar On Mar 15 2013 - 9:57am

Providence, R.I. — Nortek posted a wider net loss in its fiscal fourth quarter following two consecutive quarters of

By Alan Wolf On Mar 12 2013 - 11:18am

Hoffman Estates, Ill. — Sears Hometown and Outlet Stores, the new Sears Holdings spinoff, ended its first fiscal year on a high note.

Rising gross

By Alan Wolf On Mar 12 2013 - 9:40am

Issaquah, Wash. — Double-digit growth in membership fees and a one-time tax benefit helped push Costco’s second-quarter earnings up 38.8 percent to $547

By Lisa Johnson On Mar 8 2013 - 11:13am

Park City, Utah — Skullcandy reported higher sales for its fourth quarter, much of which was attributed to higher sales for its Astro Gaming brand, but its

By Alan Wolf On Mar 7 2013 - 10:03am

Issaquah, Wash. — Costco reported an 8 percent increase in February sales due in part to a strong showing in CE.

Net sales hit $7.6 billion for the

On Mar 6 2013 - 4:29pm

Port Washington, N.Y. — IT reseller and multichannel retailer Systemax reported losses for the fourth-quarter and full year on restructuring charges and

By Alan Wolf On Mar 6 2013 - 3:24pm

Framingham, Mass. — Tablets and e-readers fueled a 3 percent sales gain for Staples in the fourth quarter, although earnings fell 68 percent due to one-time

By Steve Smith On Mar 1 2013 (All day)

Minneapolis – Best Buy reported slightly higher corporate revenue and a reduced net loss, as well as a 0.9 percent increase in domestic comp store sales in

By Joseph Palenchar On Feb 28 2013 - 2:28pm

Bellevue, Wash. – T-Mobile USA ended the year with its first full-year subscriber-base gain since 2009 but with a deeper net loss.

In the fourth

By Doug Olenick On Feb 28 2013 - 9:15am

New York – Barnes & Noble’s Nook Media business helped drag down overall revenue and net earnings for the bookseller’s fiscal third quarter.

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