Financial News

By Joseph Palenchar On Jan 24 2013 - 9:25am

Espoo, Finland — Nokia posted a fourth-quarter consolidated operating profit of 439 million euros ($586.2 million), reversing a year-ago loss of 954 million

By Joseph Palenchar On Jan 23 2013 - 1:17pm

Mountain View, Calif. – Cellular sales at Google’s Motorola Mobile division continue to fall, and the cellular operation continues to lose money, Google

On Jan 22 2013 - 10:27am

Bedminster, N.J. — Verizon Wireless posted record retail postpaid net subscriber additions and record retail postpaid smartphones sales in the fourth quarter

By Alan Wolf On Jan 10 2013 - 4:36pm

Grapevine, Texas — Robust growth in its online business couldn’t offset declines in holiday traffic and hardware sales at GameStop.

The world

TWICE Staff On Jan 10 2013 - 2:34pm

Hauppauge, N.Y.- Voxx International reported higher net sales and net income in its fiscal third quarter ended November 30.

Sales increased 17.5 percent,

By Alan Wolf On Jan 3 2013 - 2:23pm

New York – CE retailers reported a mixed December, as a last-minute sales surge was unable to offset post-Thanksgiving sluggishness in the first three weeks

By Alan Wolf On Jan 3 2013 - 9:24am

Seattle — Amazon.com said 2012 was a record-breaking holiday season for its more than 2 million third-party sellers worldwide.

Unit growth from U.S.

By Alan Wolf On Nov 30 2012 - 10:24am

Hoffman Estates, Ill. – Sears Hometown and Outlet Stores, which was spun off from Sears Holdings in September, said third-quarter profits rose 29 percent on

By Alan Wolf On Nov 20 2012 - 2:52pm

Minneapolis – Best Buy’s outgoing chief financial officer Jim Muehlbauer attributed the company’s 97 percent drop in third-quarter operating

By Alan Wolf On Nov 20 2012 - 8:49am

Minneapolis – Best Buy reported a $13 million loss from continuing operations for its fiscal third quarter.

That compares with net earnings from

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