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Earnings Roundup: Trimeris

By Associated Press

March 13, 2008

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Among the earnings stories for Thursday, March 13, from AP Financial News:

MORRISVILLE, N.C. (AP) _ Biopharmaceutical company Trimeris Inc. said Thursday its fourth-quarter profit nearly doubled on lower operating expenses as the company cuts its research and development positions.

NEW YORK (AP) _ Apparel company Liz Claiborne Inc. said Thursday it swung to a fourth-quarter loss on a hefty charge at its partnered brands segment.

LOUISVILLE, Ky. (AP) _ Churchill Downs Inc., which operates the home of the Kentucky Derby and other racetracks, on Thursday said its fourth-quarter loss widened as the lack of insurance recoveries offset a gain in revenue.

EWING, N.J. (AP) _ Universal Display Corp., which develops light-emitting diodes for TVs and other electronics, said Thursday its fourth-quarter loss narrowed on higher royalty and license and technology development revenue.

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