BRIEFCASE.Byline: - Staff and Wire Services Gemstar-TV firm sees profit for Q4 Gemstar-TV Guide International Gemstar-TV Guide International, Inc. is a media company that licenses interactive program guide technology to multichannel operators, such as cable and satellite television providers, and consumer electronics manufacturers, video recorder scheduling code under brands such as VCR Inc. swung to a fourth-quarter profit as surging revenue from its channel-surfing aids compensated for slips in its publishing and consumer-electronics licensing units. The Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. company, which publishes TV Guide magazine and provides interactive television listings, on Wednesday said it earned $1.6 million, or less than a penny a share, on revenue of $186.6 million in the fourth quarter. In the same period last year, it lost $491.4 million, or $1.18 a share, on revenue of $176.3 million. Scheib is leaving stock exchange SHERMAN OAKS - Earl Scheib Earl Scheib is a company that specializes in repainting and collision repair of automobiles, with locations in 23 states in the US. Company History Founded by Earl Scheib (1908-1992) in Los Angeles in 1937 the company grew quickly following World War II and by 1975 had Inc. will no longer trade on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. , as the car painter announced Wednesday that it will also stop filing reports with the Securities and Exchange Commission. The company cited ``lack of an active trading market'' and the costs associated with being publicly traded in its decision to withdraw. Digital Insight's sales climb 16% CALABASAS - Digital Insight Corp. reported heightened revenues in the fourth quarter on Friday, when the electronic banking provider announced sales climbed 16 percent. In the final quarter of 2004, sales hit $48.9 million from $42.2 million. Earnings dropped 89 percent, due to a $29.6 million one-time tax benefit in the last quarter of 2003, declining to $3.9 million, 11 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , from $35.5 million, $1.01 per share. Excluding the tax benefit and other charges, net income was $6.1 million, 17 cents per share, down slightly from $7.6 million, 22 cents per share. Clothing retailers stitch up growth Pinning hopes on tailored suits and flashy prints, clothing retailers saw the first sales boost in three years in 2004. Apparel sales totaled $173 billion in 2004, a 4 percent increase from $166 billion in 2003, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. a report released Wednesday by the NPD Group. Tailored clothing experienced a 24 percent growth, making it the fastest growing area for clothing. Men's fleecewear and sleepwear also showed a strong 12 percent and 11 percent growth, respectively. In total, men's apparel sales grew to $49 billion from $47 billion. Tivo shares rise on Apple report NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Shares of Tivo Inc. surged Wednesday because of Internet speculation that Apple Computer Inc. may be planning a bid to buy the company that popularized digital-video recording of television shows. Tivo's shares closed up 68 cents, or 18 percent, to $4.38 on the Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. . Apple's shares closed up $2.90, or 3.4 percent, to $88.19 on the Nasdaq. Spokesmen for Tivo and Apple declined to comment, saying the companies don't respond to rumors. |
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