Earnings roundup: Royal Caribbean Cruises, US Airways
By
Associated Press
April 24, 2008
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Among the earnings stories for Thursday, April 24, from AP Financial News:
Top stories:
MIAMI (AP) _ Royal Caribbean Cruises says first-quarter profit surged on increased capacity and higher net yields.
PHOENIX (AP) _ US Airways Group Inc. said Thursday it swung to a loss in the first quarter, punished like other airlines by the rising cost of jet fuel.
Other stories:
ATLANTA (AP) _ Coca-Cola Enterprises Inc., a bottler of Coca-Cola beverages, said Thursday its first-quarter profit dropped 47 percent due to higher commodity costs and soft performance in North America.
BURR RIDGE, Ill. (AP) _ CNH Global NV said its first-quarter earnings rose 18 percent, led by surging sales of agricultural equipment and strong pricing in international markets.
NEW YORK (AP) _ Defense contractor L-3 Communications Holdings Inc. said Thursday its first-quarter profit grew, beating Wall Street's expectations due to strong performance across all its segments.
OAKDALE, Minn. (AP) _ Removable data storage products manufacturer Imation Corp. said Thursday its first-quarter earnings fell 30 percent due to rising costs tied to recent acquisitions.
LOS ANGELES (AP) _ Northrop Grumman Corp. said Thursday first-quarter earnings fell 32 percent as the company was forced to take a charge due to rising costs and delays with an amphibious assault ship program it is building for the U.S. Navy.
CHANHASSEN, Minn. (AP) _ Life Time Fitness Inc., which operates fitness clubs, said Thursday first-quarter profit rose 23 percent, helped by membership dues growth and higher in-center revenue.
NORWALK, Conn. (AP) _ Emcor Group Inc. said its first-quarter profit more than doubled as the electrical and mechanical construction company benefited from sales growth and recent acquisitions.