Among the earnings stories for Thursday, April 17, from AP Financial News:
WINSTON-SALEM, N.C. (AP) _ Doughnut retailer Krispy Kreme Doughnuts Inc. said Thursday its net loss widened in the fourth quarter due to charges and a dip in doughnut sales.
CLEVELAND (AP) _ KeyCorp's first-quarter earnings plunged 38 percent as the company quadrupled its provision for bad loans and took a loss on loans held for sale.
JACKSONVILLE, Fla. (AP) _ Landstar System Inc. said Thursday its first-quarter earnings rose 10 percent, as sales of its transportation logistics services offset the effects of a weak freight environment.
WALLINGFORD, Conn. (AP) _ Amphenol Corp., which makes electronic and fiber optic connectors and cables, said Thursday its first-quarter profit jumped 25 percent, beating Wall Street's expectations.
WINSTON-SALEM, N.C. (AP) _ Regional bank BB&T Corp. said Thursday its first-quarter earnings rose 2 percent due to gains from the initial public offering of Visa Inc. and net interest income growth.
RENO, Nev. (AP) _ Gaming equipment maker International Game Technology said Thursday that second-quarter profit shrank as North America product sales declined and costs and operating expenses rose.
MEMPHIS, Tenn. (AP) _ Regional bank First Horizon National Corp. said Thursday that first-quarter earnings dropped 89 percent as the company's provision for loan losses grew due to national construction and home equity portfolio deterioration.
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