Financial

Overland Park, Kan. — Sprint said Sprint Nextel had a deeper loss in the fiscal second quarter but reported record quarterly Sprint platform wireless...

Tokyo – A global economic slowdown, especially in China, forced Canon to cut its profit forecast for the year Wednesday as it lowered sales...

Seoul — LG Electronics reported higher fiscal second quarter revenue on record smartphone unit sales, but slightly lower operating and net profits. LG said...

Redmond, Wash. – Microsoft reported higher revenue and net income for its fiscal fourth quarter and fiscal year ended June 30. Revenue for the...

Bedminster, N.J. – Verizon Wireless posted strong gains in wireless operating revenue, margins, and income in the second quarter, thanks to a rising number...

Taoyuan, Taiwan — HTC reported declining results in its fiscal second-quarter financial when stacked up against the prior-year period.  The handset maker said total...

Hoffman Estates, Ill. — Sears Hometown and Outlet Stores posted disappointing first-quarter results following a promising first-year showing. Net income for the three months,...

Mooresville, N.C. — Lowe’s reported higher net earnings on relatively flat sales in its fiscal first quarter, ended May 3. Net earnings were $540...

Minneapolis — Best Buy reported an $81 million loss for the first fiscal quarter, ended May 4, compared with year-ago profits of $158 million,...

Tokyo — Pioneer Electronics reported higher net sales but lower operating profits and a net loss for its fiscal year, ended March 31. Consolidated...

Tokyo — Sony recorded a net profit, based on reduced TV losses and sales of facilities, and higher sales for its fiscal year, ended...

Naperville, Ill. — OfficeMax reported lower sales but higher operating and net income for its fiscal first quarter, ended March 30. The chain, which...

Stamford, Conn. –Harman reports that home audio and multimedia products grew 17 percent in the company’s fiscal third quarter ending March 31. Chairman Dinesh...

Seoul, South Korea — Samsung Electronics reported higher revenues and net profit based in part on strong smartphone sales in the first quarter, ended...

Seoul, South Korea — LG Electronics shipped 10.3 million smartphones and had higher company revenues, but profits declined for the first quarter, ended March...

New York — AT&T reported it added 1.2 million new smartphone subscribers, and the company’s net income rose 3.2 percent to $3.7 billion during...

Taoyuan, Taiwan — Revenues at smartphone market HTC continued to decline in March and for the first quarter at double-digit percentage rates following a...

The Woodlands, Texas — Conn’s reported major revenue gains for its fiscal fourth quarter and year, and posted net income gains for both periods,...

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

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 million....

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

San Jose, Calif. — TiVo reported a net loss but higher sales for its fiscal fourth quarter, ended Jan. 31, 2013 For the fourth...

Mooresville, N.C. — Lowe’s reported slightly lower net earnings and net sales, but higher comp store sales in its fiscal fourth quarter, ended Feb....

Palo Alto, Calif. – Hewlett Packard posted a net profit and revenue increased for its fiscal first quarter despite poor sales in its personal...

Bentonville, Ark. – Wal-Mart said net income rose 7.9 percent to $5.6 billion and net sales increased 3.9 percent to $127.1 billion for its...

Amsterdam – TomTom returned to profitability in 2012, with a fourth quarter operating profit and a net profit for the year. But the company...

Overland Park, Kan. – Sprint’s wireless operating losses grew in the fourth quarter and 2012. Churn remained “elevated,” and the wireless subscriber base shrank...

Shizuoka, Japan — Yamaha said its nine-month audio sales in North America and in emerging economies grew in the nine months ending Dec. 31,...

Hoffman Estates, Ill. — Sears Holdings reported a deeper net loss and lower comp store sales for its Sears and Kmart operations in its...

Framingham, Mass. — Staples reported a net loss on a GAAP basis of $569 million in its fiscal third quarter, ended Oct. 27, and...

Austin, Texas – I-Mego has entered the U.S. headphones category with two of its models: the Throne over-ear headphones and the Walker Junior active...