fourth quarter earnings

Sears 4Q Loss Narrows as Co. Reduces Expenses

Sears posted a smaller loss in the fourth quarter as it reduced its inventory and expenses while sales at its namesake stores rose slightly. The company that also owns the Kmart store chain lost $489 million, or $4.61 per share, for the period ended Feb. 2.

Midday Market Minute: Lowe's 4Q Net Income Tops Expectations

Home improvement retailer Lowe's Cos. credits cleanup efforts after Superstorm Sandy and its new pricing strategy for fourth-quarter earnings that surpassed Wall Street expectations, a sign that people are beginning to feel better about spending money on their homes as the housing market slowly recovers.

Market Minute: Coinstar Profit Drops in Fourth Quarter

Coinstar's fourth-quarter profit fell 27 percent due to poor performance at its new ventures. It forecast disappointing earnings ahead, and its shares tumbled in after-hours trading Thursday. The company owns the Redbox DVD kiosks and its namesake coin-counting sites.

No Happy Ending to 2009 for Book Publisher Simon & Schuster

While parent company CBS ended 2009 with a modest 1% dip in sales, the same could not be said for its book publishing arm Simon & Schuster. For the fourth quarter ending Dec. 31, S&S reported sales of $220 million, a 10% drop (or $25 million) from the previous year, and profits of $13.6 million, more than half as much ($28.5 million) the company earned in 2008.