Wireless Sales Drive Up RadioShack Profit
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RadioShack Corp. RSH.N, the No. 3  U.S. electronics retailer, on Tuesday posted a 22 percent rise  in third-quarter profit due to strong wireless sales and cost  controls, but its shares slipped as it kept its 2004 earnings  outlook unchanged.
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Strong sales of its latest mobile phones help Motorola report strong profits ahead of Wall Street expectations.
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RadioShack Corp. , the  struggling consumer electronics chain, on Friday reported a  quarterly loss, hurt by declining wireless phone sales at its  company-operated stores and costs of its turnaround plan.
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Lucent Technologies Inc. , among the world's largest makers of telecommunications equipment, on Wednesday said quarterly earnings rose, helped by improvement in its wireless networks business, which makes base stations and other products.
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Motorola Inc.  on Tuesday said quarterly earnings rose 34 percent, beating Wall Street expectations, as it regained global market share in wireless  handsets amid robust sales of a range of function-rich phones.
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EMC Corp.'s third-quarter profit jumped 77 percent, driven by growing sales of data storage software and hardware as well as a hefty gain from selling an ownership stake in fast-growing software maker VMware Inc.
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Earnings meet analyst expectations, and company continues to gain momentum through wireless and fiber-to-the-home business.
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Johnson & Johnson  on Tuesday said second-quarter profit rose on higher sales of medical devices and prescription drugs, beating Wall Street expectations on especially strong demand in overseas markets.
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EMC Corp. EMC.N, the top maker of  corporate data storage equipment, on Tuesday reported quarterly  profit jumped amid market-share gains against rival storage  suppliers.
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Verizon Communications Inc  said  on Monday its quarterly revenue rose due to strong wireless  subscriber growth, although profit fell after merger-related  costs and other items.
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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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Phone company Qwest Communications International Inc  said on Tuesday its third-quarter profit rose, helped by a tax benefit and cost cuts.
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Motorola Inc.  on Tuesday said quarterly earnings rose 34 percent, beating Wall Street expectations, as it regained global market share in wireless handsets amid robust sales of its most advanced phones.
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Despite a dip in profits, growing revenues from wireless subscribers pushed overall profits above forecasts.
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Motorola Inc. MOT.N on Tuesday said  quarterly earnings rose 34 percent, beating Wall Street  expectations, as it regained global market share in wireless  handsets amid robust sales of its most advanced phones.
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Lucent Technologies Inc. LU.N, among  the world's largest makers of telecommunications equipment, on  Wednesday said quarterly earnings rose sharply, helped by  improvement in its wireless networks business and lower costs.
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RadioShack Corp. , the No. 3 U.S consumer electronics chain, said on Wednesday it expects 2005 earnings per share growth of as much as 21 percent as it improves customer service and expands implements new growth initiatives.