Financial

Tokyo — The red ink continued to flow at Sony as the struggling electronics giant posted a hefty $1.26 billion net loss for its...

Amsterdam, The Netherlands — First-quarter retail-level sales of PNDs fell 24 percent to 800,000 units in North America compared with the year-ago period, with...

Indianapolis — hhgregg said extreme winter weather contributed to a projected net loss for its fiscal fourth quarter and a 9.9 percent decline in...

Framingham, Mass. — Staples, in a financial report showing higher profits for its fiscal fourth quarter, said it will close up to 225 stores...

Minneapolis – Best Buy returned to profitability in the fourth quarter and full fiscal year despite a bruising holiday season and slightly lower sales....

Bellevue, Wash. – T-Mobile posted its third consecutive quarter of more than 1 million net new subscribers in the fourth quarter, but the company...

The Woodlands, Texas — A remarkable fourth-quarter retail performance could not offset a sharp increase in late customer payments at Conn’s, forcing the chain...

Amsterdam, The Netherlands — Retail-level unit sales of PNDs in North America fell 27 percent in the fourth quarter compared with the year-ago period...

Overland Park, Kan. — Sprint’s high wireless churn rates and shrinking share of gross subscriber additions won’t begin to improve until the second half...

Issaquah, Wash. – Costco said CE comp sales fell by the mid- to high-single digits in January amid gains in other product categories. Results...

Bentonville, Ark. – Walmart said comp sales at its flagship discount stores and Sam’s Club wholesale chain were down slightly for the fourth quarter,...

The Woodlands, Texas — Conn’s was firing on all cylinders in the third quarter as double-digit comp increases across nearly all product categories contributed to...

Hoffman Estates, Ill.  – Sales declines and continued investments in its digital shopping platform led to a $534 million third-quarter loss for Sears Holdings. The...

Atlanta – Continued improvements in the housing market and Home Depot’s own operational performance led to strong third-quarter sales and earnings gains for the No....

Minneapolis — Cost controls and improved operational efficiencies returned Best Buy to profitability in the third quarter. Net earnings for the three months, ended...

Chicago – Cobra Electronics reported higher sales, but slightly lower net income for the third quarter, ended Sept. 30. Net income was $394,000 as...

Shizuoka, Japan – Yamaha Corp. boosted first-half global sales, operating income and net income. Yamaha said global sales increased by 11.8 percent to 197.7...

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...

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

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

Seoul, South Korea — Spurred mostly by rising mobile handset sales, Samsung posted a record quarter Friday showing third-quarter net profits climbed 26 percent....

Dallas – AT&T’s wireless operating income rose 3.4 percent in the third quarter to $4.6 billion on a 5.1 percent gain in operating revenues...

Bedminster, N.J. – Verizon Wireless accelerated operating income growth subscriber additions fell. Verizon reported  in the third quarter and first nine months of its...

The Woodlands, Texas — Conn’s said rising comp-store sales and product margins led to sharply higher earnings and revenue for its second fiscal quarter....

Hoffman Estates, Ill. – Sears Holdings said store closings, sales declines and promotional costs contributed to a steeper loss in the second quarter. The...

Framingham, Mass. – Staples said store closings, tight margins and capital expenditures led to lower second-quarter sales and profits. Earnings at the No. 1...

Bentonville, Ark. — Wal-Mart Stores reported higher net sales and net earnings corporately but lower comp sales for Walmart U.S. stores in its second...

Bellevue, Wash. – T-Mobile USA’s net new subscriber additions surged in its second quarter on the strength of its LTE rollout, aggressive “uncarrier” strategy...

San Diego — Leap Wireless International reported declining revenue for the second quarter of 2013, ended June 30. Leap was acquired by AT&T last...