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Earnings Roundup: National Interstate

By Associated Press February 19, 2008 Comments (0)

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Among the earnings stories for Tuesday, Feb. 19, from AP Financial News:

RICHFIELD, Ohio (AP) _ National Interstate Corp.'s profit shrank 3 percent in the fourth quarter as prices for many kinds of insurance policies continued to wane, the insurer said Tuesday.

NEW YORK (AP) _ Hong Kong-based container ship owner Seaspan Corp. said Tuesday it swung to a fourth-quarter loss on a write-down on the value of interest rate swap agreements.

JACKSONVILLE, Fla. (AP) _ St. Joe Co., a Florida real estate developer, said Tuesday fourth-quarter earnings fell as the continued slump in the housing market led to a decline in development and land profit.

NILES, Ohio (AP) _ RTI International Metals Inc., which makes titanium mill products and fabricated metal components, said Tuesday its fourth-quarter earnings slipped 7 percent, as higher costs offset rising sales.

ADA, Okla. (AP) _ Profits at Pre-Paid Legal Services Inc. slipped 11 percent in the fourth quarter as the legal-fees insurer incurred costs for unpaid taxes, the company said Tuesday.

RESTON, Va. (AP) _ Information-technology services company SI International Inc. said Tuesday its fourth-quarter profit fell 15 percent, as a jump in operating expenses offset revenue growth.

YORK, Pa. (AP) _ Paper maker P.H. Glatfelter Co. said Tuesday its fourth-quarter profit more than tripled on hefty gains from selling timberlands and sales growth at both of its businesses.

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