Earnings roundup: Volvo, AMAG Pharmaceuticals

By Associated Press April 25, 2008 Comments (0)

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Among the earnings stories for Friday, April 25, from AP Financial News:

STOCKHOLM, Sweden (AP) _ Swedish truck maker Volvo AB said Friday that first-quarter profit rose 12 percent as higher sales in Europe and Asia more than offset weak demand in the United States.

CAMBRIDGE, Mass. (AP) _ Biotechnology company AMAG Pharmaceuticals Inc. said Friday that its first-quarter loss narrowed, beating Wall Street's expectations.

RACINE, Wis. (AP) _ Johnson Outdoors Inc., an outdoor recreation company, said Friday its second-quarter profit dropped 74 percent due to slow military sales and soft demand for boats.

PALO ALTO, Calif. (AP) _ CV Therapeutics Inc. said Friday its first-quarter loss narrowed, helped by fewer costs and expenses and increased sales of its chronic angina drug Ranexa.

KALISPELL, Mont. (AP) _ Glacier Bancorp Inc.'s profit jumped 8 percent in the first quarter as the bank accelerated its commercial lending to grow its portfolio.

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