Among the earnings stories for Thursday, March 6, from AP Financial News:
FRANKFURT, Germany (AP) _ Power provider E.ON AG said Thursday that its 2007 profit jumped 29 percent on improved revenue from its generation operations in Europe.
FRANKFURT, Germany (AP) _ Deutsche Post AG said Thursday its fourth-quarter profit slid by more than 60 percent after it wrote down the value of its U.S.-based DHL express shipping unit, but the company stuck to its profit outlook.
PHILADELPHIA (AP) _ Urban Outfitters Inc. said Thursday its fourth-quarter profit surged 50 percent on fewer markdowns and increased same-store sales.
AMSTERDAM, Netherlands (AP) _ Royal Ahold NV, the operator of the Stop & Shop and Giant chains in the United States, reported a 9.2 percent rise in fourth-quarter earnings on Thursday on strong results from its Dutch grocery operations.
NEW YORK (AP) _ Pharmaceutical company American Oriental Bioengineering Inc. said Thursday its fourth-quarter profit grew 40 percent on strong pharmaceutical sales growth.
MILWAUKEE (AP) _ Mining equipment maker Joy Global Inc. said Thursday its fiscal 2008 first-quarter earnings rose 19 percent on continued international strength and improving U.S. coal market demand.
NEW YORK (AP) _ Property and casualty insurer Tower Group Inc. said Thursday fourth-quarter earnings fell 29 percent as an investment loss offset higher premium income.
ALBANY, N.Y. (AP) _ Trans World Entertainment Corp. said Thursday it fell to a fiscal fourth-quarter loss, hurt by an impairment charge, tax expense and one less week in the period.
IRVING, Texas (AP) _ TV station owner Nexstar Broadcasting Group Inc. said Thursday a decline in political advertising caused it to swing to a fourth-quarter loss, but it still beat Wall Street expectations.
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