EMC Profit and Revenue Rise
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The worldâs biggest maker of corporate storage gear said fourth-quarter profit rose to $525.7 million, from $388.8 million a year earlier, on strong revenue growth across a broad range of products.
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Insurer and fund manager AMP Ltd. , on Wednesday posted a better-than-expected first-half profit on higher investment returns and improved margins, and targeted a stronger performance for the remainder of the year.
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Wm Wrigley Jr Co  on Monday posted a higher quarterly profit, helped by sales overseas, and announced an increased dividend.
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EMC reported a 74% rise in quarterly profit and doubled its stock buyback program to $2 billion, sending shares up 4% today. The stock was also boosted by strong results yesterday from business software maker VMware Inc.
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Contract electronics manufacturer Jabil Circuit Inc. (JBL) on Tuesday posted a higher quarterly profit on stronger demand for computers, cellphones and other electronic products.
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Flextronics , the world's largest contract electronics manufacturer, on Tuesday posted a jump in quarterly profit from a year ago, when results were weighed down by charges.
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AT&T Inc  on Thursday posted a higher quarterly profit after better-than-expected wireless growth, sending its shares up almost 3 percent in pre-market trading.
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EMC Corp , the No. 1 maker of corporate data storage equipment, reported quarterly profit that beat Wall Street forecasts and boosted a stock buyback on Thursday.
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Consumer electronics retailer RadioShack Corp.  reported higher fourth-quarter profit on Tuesday, helped by improved gross margin and lower expenses.
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EMC Corp. , the world&#039;s largest  maker of corporate data-storage equipment, on Friday reported  lower quarterly profit after supplies of a key new product  failed to keep up with demand.
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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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Wireless technology and chip  supplier Qualcomm Inc  on Wednesday posted a higher  profit for its fiscal first quarter as revenue rose on strong  demand for its mobile phone chips.
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Profit at Tyco&#39;s electronics unit rose more than fourfold in the quarter as revenue climbed 15 percent on higher sales volume in automotive, communications, computer and consumer electronics.
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Flextronics , the world's largest contract electronics manufacturer, posted on Tuesday a jump in quarterly profit from a year ago, when results were weighed down by charges.
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General Electric Co.  reported a 9.6 percent rise in profit on Friday, with strength in the infrastructure and commercial finance businesses offsetting a decline at its health care business and a loss in subprime lending.
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Alltel Corp.  on Tuesday posted  better-than-expected profit and revenue as the rural wireless  provider attracted new subscribers, and shares rose more than 2  percent in early trading.
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General Electric brought a strong economy to life yesterday. The nation&#39;s largest company, which by its presence in such a variety of businesses is considered a proxy for the broad economy, reported profit rose 11% to $4.