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Earnings roundup: Wabco Holdings, Headwaters

By Associated Press April 30, 2008 Comments (0)

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

NEW YORK (AP) _ Wabco Holdings Inc.'s first-quarter earnings jumped 53 percent as demand from Asia and Europe more than offset a sales decline in North America, the automotive supplier said Wednesday.

SOUTH JORDAN, Utah (AP) _ Headwaters Inc. said Tuesday it swung to a fiscal second-quarter loss as the expiration of an alternative energy tax credit resulted in a double-digit revenue drop.

NEW YORK (AP) _ Shares of Jones Lang LaSalle Inc. tumbled Wednesday, a day after the commercial real estate services company said its first-quarter profit dropped 90 percent, widely missing Wall Street's expectations.

CORAL GABLES, Fla. (AP) _ Industrial contractor MasTec Inc. said its first-quarter earnings quadrupled from a year-ago period which included a hefty loss from now-divested operations.

NEW YORK (AP) _ Central European Media Enterprises Ltd. said Wednesday it swung to a first-quarter profit as broadcasting revenue rose and corporate operating costs declined.

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