Update 1: Flextronics Posts Profit, Cuts Earnings
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Flextronics International Ltd., which assembles electronics sold by other companies, Monday reported profit for its latest quarter but lowered its earnings forecast.
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The manufacturer said earnings fell 54 percent from a year-ago period which included its former health-care and electronics units. Adjusted profit topped Wall Street expectations by a wide margin.
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The electronics giant reports a fall in profits at the same time as rivals Matsushita and Canon see their profits increase.
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Palm's troubles continued on Thursday as the company posted a profit of $15.4 million for the fourth quarter, a 44 percent drop from its $27.2 million mark one year earlier, despite strong sales of its Treo smartphone.
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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 but issued a forecast that fell short of estimates,  sending shares down nearly 8 percent.
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Sony Corp. on Thursday cut its operating  profit estimate for this business year by 31 percent, citing  sharply falling prices of televisions, video cameras and other  key consumer electronics products, and weak demand for chips.
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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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The diversified manufacturer said its fiscal first-quarter profit fell 54 percent from a year earlier, when it still owned its health care and electronics businesses.
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Plus: HP profit gains on cost cuts, cheaper components...Dell execs skewed numbers to meet earnings targets...Applied Materials posts lower quarterly profit.
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Sony Corp. on Thursday cut its operating  profit estimate for this business year by 31 percent, citing  sharply falling prices of televisions, DVD recorders and other  key products and weak demand for chips.
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Contract manufacturer Flextronics  International Ltd  posted a quarterly profit that beat  expectations on Tuesday and stuck to its earnings forecasts,  sending its stock up nearly 5 percent.
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Profit fell 94 percent in the third quarter as sales fell in the companyâs cell phone business, but it forecast better-than-expected fourth-quarter results.
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(Corrects second paragraph to show earnings of $17,000, not $28,000)     NEW YORK  - Apparel retailer Talbots Inc.  said on Wednesday that quarterly net profit fell, hurt by heavy markdowns and declining sales at its flagship Talbots chain.
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Slashed earnings estimate pulls down shares.
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Income and revenue down, something about an ex-CEO and whores... Broadcom announced their Q2 profit took a 68 per cent plunge today, but scored a victory in a long-in-the-tooth patent dispute with Qualcomm.â¦
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Quarterly net income was $46.3 million against a year-earlier loss, but sales continued to fall at the retailer amid intense competition in the electronics sector.
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Tool maker Black & Decker Corp  slashed its fourth-quarter profit outlook on Friday, citing worse-than-expected conditions in North America and a one-time charge, and its shares fell as much as 10 percent.