Earnings roundup: Cincinnati Bell, CB Richard Ellis

Among the earnings stories for Wednesday, April 30, from AP Financial News:

CINCINNATI (AP) _ Cincinnati Bell Inc.'s first-quarter earnings fell 53 percent, as restructuring costs depressed the bottom line, the regional phone company said Wednesday.

LOS ANGELES (AP) _ CB Richard Ellis Inc. said its net income in the first quarter jumped 71 percent as strong growth in its outsourcing business offset sluggish activity in investment sales, but the results still missed Wall Street's expectations.

HILLSBORO, Ore. (AP) _ Shares of chip testing company FEI Co. fell Wednesday after the company said its first-quarter profit dropped 45.7 percent on higher costs.

NEW YORK (AP) _ Shares of Plantronics Inc. jumped Wednesday after the headset maker said fiscal fourth-quarter profit blew past Wall Street's predictions, helped by strong international demand.

ELMWOOD PARK, N.J. (AP) _ Sealed Air Corp., which makes Bubble Wrap and other packaging materials for food and consumer products, said Wednesday its first-quarter profit fell 52 percent, below Wall Street's expectations, on higher input costs.

NEW YORK (AP) _ Shares of RadiSys Corp. shot higher Wednesday after the computer systems maker posted a higher first-quarter loss but said it was profitable when accounting for one-time charges.

CINCINNATI (AP) _ Consumer products maker Procter & Gamble Co. said Wednesday that price increases, cost controls and strong growth in emerging markets helped offset soaring costs of oil and other commodities as its third-quarter profit rose 8 percent.