RadioShack 4Q Profit Climbs 64 Percent
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FORT WORTH, Texas -- Electronics retailer RadioShack Corp. said Tuesday its fourth-quarter profit climbed 64 percent on lower costs despite a drop in revenue.
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Consumer electronics retailer RadioShack Corp.  on Tuesday reported higher fourth-quarter profit on improved inventory management, fewer markdowns and lower expenses.
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The company reported net earnings of $108.4 million on higher shipments and selling prices, as well as a tax benefit.
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EMC Corp , the top maker of corporate data storage equipment, reported a 74 percent rise in quarterly profit and doubled its stock buyback program to $2 billion, sending shares up 4 percent on Thursday.
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EMC Corp. EMC.N, the top maker of  corporate data storage equipment, on Tuesday reported quarterly  profit rose 37 percent amid strong sales of low- and mid-priced  systems and market-share gains from rivals.
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The health care products maker posted higher profit in the fourth quarter versus year-earlier results that were reduced by acquisition charges for Kos Pharmaceuticals.
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General Electric Co  posted a 4 percent rise in net profit on Friday, matching Wall Street expectations, with strong demand for heavy equipment from outside the United States offsetting the effects of a slowing domestic economy.
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The desktop publishing software maker said its fiscal fourth-quarter profit and sales rose to beat Wall Streetâs expectations, fueled by strong sales of Creative Suite 3 and Acrobat.
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Diversified manufacturer Honeywell International Inc  said on Thursday its fourth-quarter profit and sales rose from a year earlier, helped by strong economic conditions.
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BOSTON -- EMC Corp.'s fourth-quarter profit jumped 35 percent, beating Wall Street expectations, but the data storage vendor's results were overshadowed by disappointment over a technology firm in which EMC owns a majority stake.
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The retailer said net income in the fourth quarter rose to $4.1 billion as its focus on low prices paid off. International growth also helped lift profit and sales.
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RadioShack Corp.  on Tuesday posted a 22 percent rise in its third-quarter profit due to strong wireless sales and cost control, and reaffirmed its goal to grow 2005 earnings by as much 21 percent.
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RadioShack Corp. RSH.N, the No. 3  U.S. electronics retailer, on Tuesday posted a 22 percent rise  in third-quarter profit due to strong wireless sales and cost  controls, but its shares slipped as it kept its 2004 earnings  outlook unchanged.
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RadioShack Corp. RSH.N, the   struggling consumer electronics retailer, on Friday said it   expects to incur about $20 million of costs in connection with   its previously announced reduction of 400 to 450 jobs, mostly   at its headquarters.
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EMC Corp.'s fourth-quarter profit jumped 35 percent, beating Wall Street expectations, as the seller of data storage hardware and software posted double-digit percentage gains across all its major business segments.
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RadioShack Corp. RSH.N, the   struggling consumer electronics retailer, on Friday said it   expects to incur a $9 million pre-tax charge in the third   quarter in connection with its previously announced reduction   of 400 to 450 jobs, mostly at its headquarters.
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The mobile phone maker said  fourth-quarter net profit rose to $2.6 billion and that it had reached its goal of 40 percent market share in handset sales. The companyâs stock soared.