Big 5 Sporting Goods 3rd-qtr profit rises 80 percent on higher sales, better inventory control
Big 5 Sporting Goods 3Q profit rises 80 percent Mattel 3Q profit declines 3 percent as revenue slips on tough economy, stronger dollarNEW YORK — Mattel Inc., the largest U.S. toymaker, said Friday its fiscal third-quarter profit declined 3 percent as the tough economy dampened demand for key brands like Barbie and Fisher-Price. International Rectifier accounting irregularities probe by Calif. authorities endsEL SEGUNDO, Calif. — International Rectifier Corp. said Monday that California authorities have decided not to bring any action against it for accounting irregularities that led to a restatement of financial results. International Rectifier climbs to 4th-quarter profit from loss on power control division saleEL SEGUNDO, Calif. — International Rectifier Corp., which makes power management chips for satellites and aircraft, said Tuesday it swung to a fiscal fourth-quarter profit due to a sale of a business division, topping Wall Street’s estimates. International Rectifier’s estimates for 1st-quarter revenue top analysts’ expectationsEL SEGUNDO, Calif. — International Rectifier Corp., which makes power management chips for satellites and aircraft, on Tuesday offered revenue guidance for the first quarter above Wall Street’s estimates. Mattel 2nd-quarter sales sink but results beat analyst expectations on cost-cuttingEL SEGUNDO, Calif. — Light on summer-movie tie-in toys this year, Mattel Inc. said Friday its sales sank 19 percent in the fiscal second-quarter, but cost cuts and lower inventory helped it post an 82 percent jump in profit, beating analyst expectations. Los Angeles airport shaken by small earthquakeSmall earthquake shakes Los Angeles airport; no immediate reports of damage, injuries Private donors will cover most of Los Angeles’ public costs for Lakers’ victory paradeEL SEGUNDO, Calif. — Los Angeles Mayor Antonio Villaraigosa on Tuesday defended the decision to stage a victory parade for the NBA champion Lakers, saying it’s important to celebrate even at a time of high unemployment and home foreclosures. Lakers center Bynum preparing for extended minutes in possible matchup against Rockets’ YaoEL SEGUNDO, Calif. — After his teammates had left the court, Los Angeles Lakers center Andrew Bynum was still there, shooting jumpers with assistant coach Kurt Rambis at the team’s practice facility on Wednesday morning. |
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