Earnings Roundup: Porsche, Staples

Top stories:

BERLIN (AP) Porsche said Tuesday that pretax profit for the first six months of its fiscal year rose 23 percent and the automaker repeated that it has no plans to acquire Volkswagen AG.

BOSTON (AP) Staples Inc.'s fourth-quarter profit dipped as the world's largest office products supplier suffered declining North American retail sales offset by gains in its overseas and delivered products businesses.

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KIRKLAND, Wash. (AP) Wireless broadband company Clearwire Corp. said Tuesday that its fourth-quarter loss widened as rising expenses overshadowed gains in revenue.

RICHMOND, Va. (AP) James River Coal Co. said Tuesday its fourth-quarter loss widened, as fewer workdays in the quarter hurt production and higher costs cut into sales.

PORTLAND, Ore. (AP) Blount International Inc., which makes outdoor products and equipment, said Tuesday its fourth-quarter profit nearly doubled on a gain from the sale of its forestry division and an increase in outdoor products sales.

PARSIPPANY, N.J. (AP) Jackson Hewitt Tax Service Inc. said Tuesday a slow start to the tax season led to a sharp decline in fiscal third-quarter earnings.

NEW YORK (AP) Trina Solar Ltd. said Tuesday its earnings surged during the fourth quarter, beating expectations, on strong demand for solar-power systems and higher profit margins.