PacificNet Inc. ( PACT: chart), customer relationship management, mobile internet, e-commerce and gaming technology provider, recorded a third-quarter net loss of $1.12 million, or 10 cents per share compared with a net profit of $611,000, or 5 cents per share in the same quarter a year earlier. Revenue climbed 16.5% to $12.9 million from $11 million during the year-ago period.
Campbell Soup Co. ( CPB: chart), soup maker, reported first-quarter net income of $291 million, or 72 cents per share versus $302 million, or 73 cents per share, a year ago. Earnings from continuing operations came to 66 cents per share. Revenue climbed to $2.15 billion from $2 billion in the year-ago period.
Lowe''s Companies ( LOW: chart), home improvement chain, said that its third-quarter earnings increased to $716 million, or 46 cents per share, compared with $646 million, or 40 cents per share, a year earlier. Revenue rose 5.8% to $11.21 billion versus $10.59 billion a year ago, while same-store sales fell 4%. Sales were hurt by a slowing housing market, deflation in certain commodities categories and difficult comparisons to year-ago results. |