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Financial

Financial

Amazon Back In The Black

Amazon.com soundly recovered from its $437 million year-ago loss by posting a $79 million profit in the third quarter. Driving the return to profitability...

Financial

Nortek Won’t Be Bought

Nortek, whose businesses include residential A/V and home-automation brands, considered but spurned an unsolicited offer to be purchased, the company acknowledged. The financially ailing...

Financial

Q2 Profits Fall At Sears Hometown

Sears Hometown and Outlet Stores (SHO), the nation’s fifth-largest appliance chain, said a slew of circumstances including store closings, inventory constraints and a cap...

Financial

Costco’s CE Comps Up In August

Same-store sales of consumer electronics at Costco rose by the mid-single digits in August. The strong dog-days performance during a traditionally slow stretch for...

Financial

Samsung Q2 Disappointing

Seoul, South Korea — Samsung reported disappointing Q2 results attributed to weaker than expected Galaxy 6 smartphone sales. Operating profit for the company’s mobile...

Financial

HTC Q2 Revenues Fall 49%

Taipei, Taiwan – HTC reported a 49 percent revenue drop in its fiscal second quarter, a 57.7 percent drop in its first half, and...

Financial

Voxx Shrinks Fiscal 2015 Net Loss

Hauppauge, N.Y. – Voxx International dramatically reduced its 2015 fiscal-year net loss to $942,000 from the previous year’s $26.6 million loss and posted operating...

Financial

Conn’s Q1 Sales Up 6.6%

The Woodlands, Texas – Conn’s reported a 6.6 percent increase in first-quarter net retail sales, to $296 million. But the lingering inventory constraints from...

Financial

Ingram Micro Q1 Profits Up 74%

Santa Ana, Calif. — Global tech distributor and supply-chain services giant Ingram Micro enjoyed a 74 percent increase in first-quarter net income, to $43...

Financial

Samsung Sales, Profits Off In Q1

Seoul, South Korea – Samsung’s global sales and profits fell in the first quarter, and the company’s consumer electronics division posted an operating loss....

Financial

LG Smartphone Sales On The Rise

Seoul, South Korea — LG’s first-quarter cellphone revenues rose 5 percent to the highest first-quarter level since 2010, when the company launched its first...

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