Circuit City 2nd Quarter Profit Rises
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By Zinie Chen Sampson Associated Press  RICHMOND, Va. -- Circuit City Stores Inc.
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The South Korean consumer electronics and appliances company swung to a profit in the second quarter on strong sales of appliances and premium mobile phones.
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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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Consumer electronics retailer Best Buy Co. said Wednesday that second-quarter earnings rose on cost controls and improved margins to beat Wall Street expectations.
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Philips Electronics   reported a 22 percent rise in its second-quarter operating profit on Monday, in line with expectations, and said it was on track to meet its sales and profit margin targets.
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Second-quarter profit rose 16 percent as higher prices overshadowed an increase in advertising costs.
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Auto parts maker Johnson Controls Inc.  JCI.N on Tuesday said quarterly net earnings rose 2 percent,  supported by increases in battery sales and its  building-controls business.
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Continued improvement in its operational performance boosts second-quarter earnings.
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Circuit City Stores Inc., the No. 2 US electronics chain, said yesterday its second-quarter loss narrowed to $11.9 million as the company sold more plasma-screen televisions and benefited from the acquisition of a Canadian retailer.
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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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Bank of America Corp. , the second-largest U.S. bank, said on Thursday that second-quarter profit rose 5 percent as growth in capital markets activity and consumer fees offset an increase in credit losses.
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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 driven by strong sales of   flat-panel televisions and laptop computers during the   back-to-school shopping season.
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South Korea's LG Electronics Inc.  swung to a profit in the second quarter as a turnaround in its LCD venture and strong mobile phone sales outweighed heavy losses in its plasma display business.
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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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Circuit City Stores Inc. CC.N 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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Circuit City Stores Inc. CC.N on  Friday reported a smaller quarterly loss as it kept a tight  rein on expenses and demand increased for digital televisions,  notebook computers and other popular products.
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Circuit City Stores, the consumer electronics chain, reported a smaller-than-expected loss in the second quarter Friday because of higher sales and fewer