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Earnings Analysis: 
MGIC Investment’s Net Rises
Author: Ivaylo Dagnev
123jump.com
Last Update: 9:32 AM EST January 12 2006



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MGIC Investment Corp, mortgage insurance company, reported Q4 net income of $1.44 per share, up 3.6% from $1.39 in the same period last year.

 
MGIC Investment’s, (MTG: chart), Q4 total revenues were $370.9 million, down 8.0 % from the comparable period last year. The decline in revenues resulted from a 8.2 % decrease in net premiums earned to $305.1 million. Net premiums written for the quarter were $316.7 million, down from $336.4 million in Q4 last year, a decrease of 5.9 %.

LG.Philips LCD Co., (LPL: chart), reported that Q4 profit surged to 328 billion won (US$337 million; euro277 million), up from 35 billion won (US$36 million; euro30 million) from a year earlier on strong demand for liquid crystal displays used in televisions. The result was above analysts’ expectations of a net profit of 291.4 billion won (US$299 million; euro246 million).

RadioShack Corp, (RSH: chart), consumer electronics retailer, announced Q4 total sales of $1.67 billion versus total sales of $1.59 billion for Q4 in the year-ago period, an increase of 5%. RadioShack''s quarterly comparable store sales grew by 4%.

Fortune Diversified Industries Inc., (FFI: chart), telecommunications and human-resources consulting company, reported Q1 net income advanced 20% to 8 cents a share, up from 7 cents a share in the year-ago period on 45% higher revenue. The business-solutions segment, which includes the HR business, was particularly strong in the period.

Schiff Nutrition International Inc., (WNI: chart), producer of vitamins and nutritional supplements, reported that Q2 net income fell 56% to 6 cents a share, down from 13 cents in the year-ago period on 20% lower sales. Sales dropped to $35.5 million from $44.3 million. Sales fell as some private-label lines were discontinued and branded-product sales declined.
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