Earnings Roundup: Metabasis, Medis

By Associated Press March 17, 2008 Comments (0)

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Among the earnings stories for Monday, March 17, from AP Financial News:

SAN DIEGO (AP) _ Biotechnology company Metabasis Therapeutics Inc. said Monday its fourth-quarter loss widened on higher development program costs and slightly lower revenue.

NEW YORK (AP) _ Shares of Medis Technologies Ltd., which makes liquid fuel cell batteries, are falling after the company said its fourth-quarter loss widened on higher costs.

LAS VEGAS (AP) _ Shuffle Master Inc., said Monday it swung to a fiscal first-quarter loss, hurt by costs from expanding internationally and a shift in revenue away from machine sales into leasing.

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