Among the earnings stories for Tuesday, Feb. 12, from AP Financial News:
Top stories:
LOS ANGELES (AP) _ IndyMac Bancorp Inc. reported the first annual loss in company history Tuesday and scrapped its dividend to shore up capital.
DETROIT (AP) _ General Motors Corp. reported a $38.7 billion loss for 2007 on Tuesday, the largest annual loss ever for an automotive company, and said it is making a new round of buyout offers to U.S. hourly workers in hopes of replacing some of them with lower-paid help.
Other stories:
MIAMISBURG, Ohio (AP) _ Database manager Teradata Corp. on Tuesday said fourth-quarter profit rose 27 percent, helped by demand for its enterprise data warehousing and analytics services, as well as the benefit of a weaker dollar.
FORT WORTH, Texas (AP) _ XTO Energy Inc.'s profit rose in the fourth quarter as higher prices for oil and natural-gas liquids offset lower natural-gas prices.
NEW YORK (AP) _ Marsh & McLennan Cos. said Tuesday its profit shrank 62 percent in the fourth quarter as stiff competition squeezed the commissions the insurance broker charged.
GREENWOOD VILLAGE, Colo. (AP) _ Emergency Medical Services Corp., which provides emergency medical services in the U.S., said Tuesday its fourth-quarter profit rose 24.1 percent on greater demand for medical staff.
LOS ANGELES (AP) _ Aecom Technology Corp., a provider of professional technical and management support services, said Tuesday its fiscal first-quarter earnings rose 16 percent because of growth in its professional technical services segment.
Terms & Conditions
RSS Headlines
Fool UK