Blount International reported lower fourth-quarter results, citing a fall in demand for company’s timber-harvesting equipment products. Leap Wireless International swung to a fourth-quarter loss, as rising equipment, marketing and other costs offset stronger customer gains. Bitstream posted a 20% decline in fourth-quarter profit although company’s revenue jumped 20%.Eaton Vance first-quarter earnings fell 93%, hurt by charges related to fund openings and closings. |
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