Earnings Roundup: Pier 1, FCStone Group

By Associated Press April 10, 2008 Comments (0)

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Among the earnings stories for Thursday, April 10, from AP Financial News:

FORT WORTH, Texas (AP) _ Pier 1 Imports Inc. said Thursday it swung to a fiscal fourth-quarter profit, helped by improved gross profit margins, higher same-store sales and lower expenses.

KANSAS CITY, Mo. (AP) _ FCStone Group Inc., a commodity risk-management firm, said Thursday that second-quarter earnings jumped 75 percent as volatility in global commodity and financial markets drove revenue.

NEW YORK (AP) _ Canadian media company Corus Entertainment Inc. said Thursday that fiscal second-quarter earnings jumped 81 percent, driven by a hefty gain related to income tax changes and continued revenue growth from its broadcasting businesses.

MOSCOW (AP) _ OAO Lukoil, Russia's second largest oil producer, said Thursday its profit rose by 27 percent in 2007, fueled by high world oil prices and an increase in refinery output.

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