Earnings roundup: Chipotle, WellPoint

By Associated Press April 23, 2008 Comments (0)

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Among the earnings stories for Wednesday, April 23, from AP Financial News:

DENVER (AP) _ Chipotle Mexican Grill Inc. says its profit rose 39 percent in the first quarter as sales at restaurants open for at least a year rose 10 percent.

INDIANAPOLIS (AP) _ Rising medical costs and pricing problems pushed WellPoint Inc.'s first-quarter profit down 25 percent, missing Wall Street expectations. The health insurer cut its full-year outlook Wednesday for the second time in about a month.

NEW YORK (AP) _ Ambac Financial Group Inc. posted another steep loss for the first quarter on Wednesday as turmoil in the bond market pummeled the value of many of the bond insurer's deals.

HILLSBORO, Ore. (AP) _ Chip maker TriQuint Semiconductor Inc. said Wednesday its first-quarter profit fell 30 percent on higher costs.

INDIANAPOLIS (AP) _ Trucking company Celadon Group Inc. said Wednesday its fiscal 2008 third-quarter profit plunged 96 percent on a sharp increase in diesel fuel costs.

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DocumentId: 628555, ~/articles/articlehandler.aspx, 7/24/2008 8:25:06 AM,

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