Financial News

By Steve Smith On Oct 31 2013 - 9:31am

Tokyo — Sony reported higher operating revenue but lower operating income, due to its movie business, and a higher net loss in its fiscal second quarter.

By Joseph Palenchar On Oct 31 2013 - 9:16am

Stamford, Conn. – Harman International started off its 2014 fiscal year with double-digit sales gains in all three of its operating divisions, but

By Alan Wolf On Oct 31 2013 - 9:14am

Indianapolis — h.h.gregg said a precipitous drop in its TV business, and reduced revenue from mobile phones and notebook computers, led to sales and earnings

By Joseph Palenchar On Oct 30 2013 - 4:29pm

Overland Park, Kan. — Operating losses in Sprint’s wireless business grew in the third quarter compared with the year-ago period but shrank on a

By Joseph Palenchar On Oct 30 2013 - 9:43am

Schaffhausen, Switzerland – GPS supplier Garmin posted a 4 percent decline in consolidated sales in the third quarter to $643.6 million and a 5.2 percent drop

By Joseph Palenchar On Oct 30 2013 - 9:33am

Amsterdam, The Netherlands — North American PND sales at the retail level fell 28 percent in the third quarter to 1.1 million units from the year-ago period,

By Steve Smith On Oct 29 2013 - 4:41pm

San Francisco — Dolby Laboratories reported lower revenues and net income for its fiscal fourth quarter, ended Sept. 27.

Dolby posted total revenue of

By Steve Smith On Oct 29 2013 - 4:36pm

Port Washington, N.Y. — Systemax reported a net loss on lower net sales in its third quarter, ended Sept. 20.

The net loss was $11.6 million in the

By Joseph Palenchar On Oct 29 2013 - 3:47pm

Espoo, Finland — North America was the only region in which Nokia’s third-quarter handset sales grew in units and dollars compared with the year-ago

By Steve Smith On Oct 28 2013 - 5:02pm

Cupertino, Calif. — Apple reported slightly higher revenue but slightly lower net profit in its fiscal fourth quarter, ended Sept. 28.

Apple posted

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