Gateway posts quarterly profit on tax benefit
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Gateway Inc. , the No. 3 U.S. personal computer maker, returned to profit in the fourth quarter but its shares fell 6 percent on Thursday after it reported revenue that fell short of analysts' estimates.
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Gateway Inc. , the No. 3  U.S. personal computer maker, returned to profit in the fourth  quarter but its shares fell 6 percent on Thursday after it  reported revenue that fell short of analysts' estimates.
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U.S. phone company Qwest  Communications International Inc  on Tuesday reported an  89 percent rise in fourth-quarter profit, boosted by a benefit  related to income tax.
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Forest products company Weyerhaeuser Co.  posted a quarterly profit on Friday, after a year-ago loss, helped by a one-time refund of duties and an increased profit from its real estate business.
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Cisco Systems Inc  posted a 7.2 percent rise in quarterly profit on Wednesday as demand for network equipment from telephone companies was steady despite the slowing U.S. economy.
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Personal computer maker Gateway Inc.  on Thursday posted a net loss that narrowed from a year earlier and bettered its own forecast, helped by higher PC sales and lower costs.
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Hewlett-Packard Co.  on Tuesday posted a higher quarterly profit, helped by strong performances in its printer and personal computing businesses.
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Novell Inc. on Thursday said it swung to a fiscal fourth-quarter profit after the computer networking provider saw strong growth from its enterprise server business during the period.
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McDonald's Corp , the world's largest restaurant chain operator, posted higher quarterly profit on Monday, helped by a tax benefit, despite sluggish sales at U.S. restaurants
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Cirrus Logic Inc. , whose chips are used in a wide range of consumer electronics, on Wednesday reported a quarterly profit versus a year-ago loss, after an income tax benefit and other items.
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Target Corp.  said on Tuesday quarterly profit rose, helped by strong holiday season sales and returns from its credit card business.
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Gateway Inc. reported a narrowed net loss in the first quarter as it continues to restructure its operations and integrate its acquisition of eMachines.
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Walt Disney Co.  quarterly profit  rose 24 percent on Thursday as stronger cable television  results and a tax benefit more than made up for a sharp  slowdown at Disney's movie studio.
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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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International Business Machines Corp.  on Tuesday posted a quarterly net profit that beat Wall Street's recently raised target as solid year-end product sales were buoyed by a weaker U.S. dollar.
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Jeans and casual pants maker Levi  Strauss &amp; Co. on Tuesday said quarterly profit rose, helped by  tax benefits and lower interest expenses, although sales fell.
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Personal computer maker Gateway  Inc. GTW.N on Thursday posted a net loss that narrowed from a  year earlier and bettered its own forecast, helped by higher PC  sales and lower costs.