Earnings Roundup: Fuel-Tech, Brown Shoe

BATAVIA, Ill. (AP) Combustion technology and engineering services company Fuel-Tech Inc. said Wednesday its fourth-quarter profit more than tripled on a huge jump in air pollution control revenue, easily beating Wall Street forecasts.

ST. LOUIS (AP) Brown Shoe Co., which operates the Famous Footwear shoe store chain, said Wednesday its fiscal fourth-quarter profit increased 3 percent, as lower expenses helped to offset a decline in sales.

SPRINGFIELD, N.J. (AP) Village Super Market Inc., which operates supermarkets under the name ShopRite, said Wednesday its fiscal second-quarter earnings increased 27 percent due to an improved profit margin on sales.

COLUMBUS, Ohio (AP) Discount retailer Big Lots Inc. on Wednesday said fiscal fourth-quarter profit fell 12 percent, but results beat analyst expectations as the company cut expenses.

NEW YORK (AP) Chinese wireless media and service company KongZhong Corp. said Wednesday that falling revenue and rising expenses slashed its fourth-quarter net income 81 percent.

DALLAS (AP) Refrigerated trucking company Frozen Food Express Industries Inc. said it fell to a fourth-quarter loss, as higher expenses outpaced revenue growth.

RICHMOND, Va. (AP) Specialty packaging company Chesapeake Corp. said Wednesday its fourth-quarter loss narrowed, as it spent less on restructuring than in the year-ago quarter.