Earnings roundup: Amdocs, Stryker
By
Associated Press
April 17, 2008
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Among the earnings stories for Thursday, April 17, from AP Financial News:
ST. LOUIS (AP) _ Amdocs Ltd., which provides operations software to telecommunications companies, said Thursday its fiscal second-quarter earnings rose 15 percent, driven by growth in its software management unit.
KALAMAZOO, Mich. (AP) _ Medical device maker Stryker Corp. said Thursday its first-quarter profit rose 19 percent on higher sales of its orthopedic implants and surgical equipment.
MARLBORO, Mass. (AP) _ Evergreen Solar Inc., which makes wafers used in solar cells, said Thursday it significantly narrowed its first-quarter loss, beating Wall Street predictions as sales surged 63 percent.
DALLAS (AP) _ High fuel costs that helped drive some marginal airlines into bankruptcy this spring are also taking a toll on two of the nation's healthiest carriers.
SALT LAKE CITY (AP) _ Zions Bancorp's profit shrank 30 percent in the first quarter as struggling property markets pushed more borrowers into default, the bank said Thursday.