Among the earnings stories for Thursday, April 24, from AP Financial News:
Top stories:
NEW YORK (AP) _ PepsiCo Inc., the world's second-largest soft drink maker, said Thursday its first quarter profit rose 5 percent on a big revenue boost in its international division that helped offset higher commodity costs.
HARRISBURG, Pa. (AP) _ Hershey's first quarter wasn't so sweet, with the nation's largest candymaker reporting that sales remained flat, profits fell by a third and results missed analyst expectations.
NEW YORK (AP) _ Drug maker Bristol-Myers Squibb Co. said Thursday its first-quarter profit fell on higher restructuring costs and taxes, but adjusted results topped Wall Street forecasts.
Other stories:
CINCINNATI (AP) _ Media company E.W. Scripps said Thursday its first-quarter profit rose 23 percent from the same period a year ago, mostly because of higher ratings and ad sales at its HGTV and Food Network.
STAMFORD, Conn. (AP) _ UST Inc., which produces smokeless tobacco products and wine, said Thursday its first quarter profit jumped 17 percent, helped by strong wine sales.
CHICAGO (AP) _ Utility holding company Exelon Corp. said Thursday its first-quarter profit fell 16 percent, primarily because of increased refueling outages at its nuclear power division.
BURLINGTON, N.C. (AP) _ Laboratory Corp. of America Holdings, which provides clinical lab services, said Thursday its first-quarter profit rose 6 percent on improved sales and higher income from joint venture partnerships.
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