Sandisk Profit Rises But Misses Forecasts
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Sandisk Corp. said on Wednesday its  quarterly profit tripled but shares fell 18 percent as its  results missed Wall Street estimates because an oversupply of  memory cards drove down prices.
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Electronic Data Systems Corp.  on Monday posted a higher-than-expected profit thanks to cost cutting, but it forecast 2005 earnings would fall short of analysts' estimates as it hopes to bring back growth by investing &#36;1 billion in key areas this year.
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Agilent Technologies Inc. A.N,  the electronics and testing equipment maker, on Monday posted a  higher quarterly net profit on lower charges, but it issued a  forecast below expectations, citing slower orders for mobile  phone handsets that use Agilent parts.
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SAMSUNG Electronicsâs quarterly profit jumped 46 per cent from a year ago on strong memory chip sales, but fell 14 per cent from the previous quarter as prices of flat screens for TV and computers fell.
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Software maker Adobe Systems  Inc.ADBE.O on Thursday posted a quarterly profit that rose  more than one-third from a year ago, but shares fell 3 percent  after the maker of Photoshop and Acrobat software did not raise  forecasts for fiscal 2005.
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Novell Thursday posted a quarterly profit as revenue rose, but the company warned that spending on information technology by companies remained weak.
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EMC Corp , the No. 1 maker of corporate data storage equipment, reported higher quarterly profit on Thursday on an increase in sales of both hardware and software.
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General Mills Inc.  on Thursday posted quarterly profit that was a penny shy of analysts' estimates as increased marketing spending and higher commodity costs tempered gains.
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Solid flash-memory sales plus a good outlook for power systems are driving higher profits than Toshiba expected.
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Eastman Kodak Co.  posted a better-than-expected quarterly profit on Wednesday due to lower costs and its photo kiosk business, which offset a 25 percent drop in sales of digital cameras and accessories.
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Eastman Kodak Co  said on Wednesday its fourth-quarter profit rose, driven by sales of digital products such as inkjet printers.
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Memory maker announces first half-yearly profit, too
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Panasonic maker Matsushita  reported a 22 percent gain in quarterly operating profit on brisk demand for its digital cameras and flat televisions, and it stood by its annual outlook that falls short of market expectations.
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The hard drive maker on Tuesday raised its quarterly  revenue and profit forecasts for the December quarter on strong  seasonal demand for newer products, surpassing analysts'  forecasts.
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Electronics testing and equipment  maker Agilent Technologies Inc. A.N on Thursday said  quarterly profit more than quintupled from a weak year-ago  period, but the company issued a forecast below current Wall  Street estimates.
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Plus: Outstanding earnings for Apple...Xerox profits from color printers...Alltel profit, revenue rise...SanDisk earnings top estimates.
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Printer maker Lexmark International Inc  reported on Tuesday a higher quarterly net profit and predicted better-than-expected first quarter earnings, sending shares up more than 10 percent.