Circuit City profit rises on TVs, computers
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Circuit City Stores Inc. CC.N, the   No. 2 U.S. consumer electronics chain, on Wednesday reported   higher-than-expected quarterly profit helped by strong sales of   flat-panel televisions and laptop computers.
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Circuit City Stores Inc. CC.N on  Tuesday said it received an unsolicited takeover bid valuing  the struggling electronics retailer at $3.25 billion, and its  shares rose above the offer price, indicating expectations of a  better offer.
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Flextronics International Ltd.,  the No. 1 contract electronics manufacturer, on Monday posted a  quarterly profit helped by strong sales of consumer electronics  equipment that it makes for brand-name customers.
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Two weeks ago, we got to see a glimpse of Circuit City&#39;s (NYSE: CC) second-quarter numbers when the electronics retailer pre-announced that sales had ticked up nearly 9% to $2.
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Circuit City Stores Inc.  on Tuesday reported a 2.9 percent gain in quarterly same-store sales but its growth lagged estimates due to a calendar shift and reduced spending through August.
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The consumer electronics retailer said 2nd-quarter profit rose to $250 million on strong international results and tighter spending controls.
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Sales at stores open at least a year rose 2.9 percent at Circuit City Stores Inc. in the fiscal second quarter. The results, also called same-store sales, were lower than Wall Street estimates for the June-through-August period.
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Circuit City Stores Inc. said Wednesday its December sales rose a disappointing 1.8 percent, while so-called same-store sales fell 5.8 percent, as the nation's second largest consumer electronics retailer failed to draw large crowds of holiday shoppers.
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Circuit City Stores Inc. said Tuesday that same-store sales for the quarter ended August 31 rose 2.9 percent at US stores open at least 12 months, and total sales rose 8.9 percent on improvements in store-level execution and growth in Web-based sales.
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Circuit City Stores Inc.   reported an unexpected quarterly loss on Tuesday as the  consumer electronics retailer could not sell enough flat-panel  televisions to offset falling prices.
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Circuit City Stores Inc. reported a smaller-than-expected loss in the third quarter on store efficiencies and higher extended warranty sales, but the retailer's top executive said holiday sales have been slower than expected so far.
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SAN FRANCISCO (CBS.MW) -- Dell Inc. said Thursday its third-quarter profit rose 25 percent from a year earlier as the No. 1 personal-computer maker boosted sales of its PCs, laptops and other gear by 18 percent.
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Circuit City Stores Inc. CC.N on   Wednesday reported higher-than-expected quarterly profit,   driven by strong sales of flat-panel televisions and laptop   computers during the back-to-school shopping season, and   fine-tuned its sales forecasts higher.
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LONDON (CBS.MW) - Electronics retailer Circuit City Stores on Friday narrowed its fiscal second quarter loss, citing improvements in the average ticket price and extended warranty penetration rates on key merchandise.
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NEW YORK  - Circuit City Stores Inc. , the No. 2 U.S. consumer electronics chain, on Tuesday said it had received an unsolicited takeover offer of $17 a share.
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A recovery in electronics sales offset losses in video games and helped boost Sony's profit for the July-to-September quarter more than 40-fold over the same period a year ago.
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Consumer electronics retailer Circuit City Stores Inc. on Friday said its third-quarter loss narrowed on improved efficiency, beating Wall Street estimates.