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Earnings roundup: PepsiAmericas, Waddell & Reed Financial

By Associated Press April 22, 2008 Comments (0)

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Among the earnings stories for Tuesday, April 22, from AP Financial News:

MINNEAPOLIS (AP) _ PepsiAmericas Inc., a bottler of Pepsi beverages, said Tuesday its first quarter profit climbed 20 percent, helped by a big boost in volume in the central and eastern European markets.

OVERLAND PARK, Kan. (AP) _ Investment manager Waddell & Reed Financial Inc. said Tuesday its first-quarter earnings fell 1 percent due to growing distribution and incentive costs.

NEW YORK (AP) _ SL Green Realty Corp.'s funds from operation slipped 29 percent in the first quarter because of a big fee from the comparable period last year, the real estate investment fund said Tuesday.

PORTLAND, Ore. (AP) _ StanCorp Financial Group Inc.'s profit climbed 4 percent in the first quarter as the insurer collected more premiums and paid out less of those premiums in claims, the company said late Monday.

CLEVELAND (AP) _ Motion control system maker Parker Hannifin Corp. said Tuesday its fiscal third-quarter profit rose 22 percent, on gains from acquisitions and core business growth led by international sales of its industrial products.

NEW YORK (AP) _ Omnicom Group Inc., a marketing and communications company, said Tuesday its first-quarter profit climbed 14 percent on increased domestic and international sales.

SAN ANTONIO (AP) _ Medical technology company Kinetic Concepts Inc. said Tuesday first-quarter profit jumped 27 percent on higher revenue for wound healing devices and a boost from foreign sales.

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