Earnings roundup: Janus Capital, Tenneco

Among the earnings stories for Thursday, April 24, from AP Financial News:

DENVER (AP) _ Investor manager Janus Capital Group Inc. said Thursday its first-quarter earnings rose 5 percent because of growth in investment-management fees.

LAKE FOREST, Ill. (AP) _ Auto parts maker Tenneco Inc. said Thursday its first-quarter profit jumped 20 percent, as profit improvements in Europe and Asia offset the effects of lower North American automotive production.

PLEASANTON, Calif. (AP) _ Safeway Inc. said Thursday its first-quarter profit rose 11 percent, beating analyst expectations on sales from its Lifestyle format stores and the stronger Canadian dollar.

MINNEAPOLIS (AP) _ 3M Co., maker of Scotch tape and Post-it notes, said Thursday its first-quarter earnings dropped compared to a year ago when it had a big gain on the sale of one of its businesses. But the results topped analyst expectations.

SAN ANTONIO (AP) _ Harte-Hanks Inc., a direct-marketing company, said Thursday its first-quarter profit dropped 33 percent due to further sales declines in its shoppers division.

ST. LOUIS (AP) _ Belden Inc.'s first-quarter profit fell 40 percent as strong overseas business was not enough to offset declines in North America, the electronics components maker said Thursday.

PITTSBURGH (AP) _ Shares of L.B. Foster Co., which provides services and products for rail, construction and energy markets, plummeted 20 percent Thursday after it posted a big drop in revenue.

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