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. |