Earnings roundup: Southwest Airlines, TD Ameritrade
By
Associated Press
April 17, 2008
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Among the earnings stories for Thursday, April 17, from AP Financial News:
DALLAS (AP) _ Southwest Airlines Co., better insulated from high fuel costs than other carriers, eked out a reduced profit in the first quarter but said rising costs would force it to slow its fleet expansion plans.
OMAHA, Neb. (AP) _ Online brokerage TD Ameritrade Holding Corp. said Thursday its second-quarter profit jumped 32 percent on strong trading activity and growth in its asset-based revenue.
NEW YORK (AP) _ Bank of New York Mellon Corp. said Thursday its first-quarter earnings rose 72 percent as recent market volatility boosted fees at the trust bank.
HOUSTON (AP) _ Continental Airlines Inc. said Thursday that soaring fuel costs pushed it to a loss for the first quarter, and it plans to retrench by mothballing planes and reducing flights.
NEW YORK (AP) _ Gramercy Capital Corp.'s first-quarter results rose sharply as investment income jumped and rental revenues doubled, the real estate investment firm said Thursday.
BRIDGEPORT, Conn. (AP) _ Regional bank People's United Financial Inc. said Thursday its first-quarter earnings fell 55 percent because of rising loan-loss reserves and expenses.