Among the earnings stories for Thursday, April 24, from AP Financial News:
NEW YORK (AP) _ Shares in AsiaInfo Holdings Inc., which provides software to Chinese telecom companies, rose Thursday after the company posted earnings that easily beat Wall Street expectations.
BOSTON (AP) _ Increasing defense contract volume helped lift Raytheon Co.'s first-quarter profit 15 percent, soundly beating Wall Street expectations, as the company reiterated its full-year financial expectations for double-digit profit growth.
DENVER (AP) _ Newmont Mining Corp., one of the world's largest gold producers, on Thursday reported its first-quarter net income climbed more than fivefold as it lowered production costs while gold prices jumped.
ANGLETON, Texas (AP) _ Electronics manufacturer Benchmark Electronics Inc. said Thursday its first-quarter profit and sales declined amid softening demand in several industries.
GREENWOOD VILLAGE, Colo. (AP) _ Technology consulting company Ciber Inc. said Thursday its first-quarter profit rose 9.1 percent on U.S. commercial and European sales.
ATLANTA (AP) _ Investment manager Invesco Ltd. said Thursday its first-quarter earnings remained flat as a slight gain in revenue was offset by rising expenses.
LAKE FOREST, Ill. (AP) _ Brunswick Corp. said Thursday its first-quarter profit plunged 71 percent, weighed down by weaker demand for boats and related products, as well as restructuring and other charges.
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