Earnings roundup: Symantec, Shutterfly
By
Associated Press
May 1, 2008
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Among the earnings stories for Thursday, May 1, from AP Financial News:
NEW YORK (AP) _ Shares of Symantec Corp. rose sharply Thursday morning after the security software company posted better-than-expected fiscal fourth-quarter earnings and projected first-quarter results above Wall Street estimates.
NEW YORK (AP) _ Shares of Shutterfly Inc. hit a 52-week low Thursday, after the online photo company reported a wider first-quarter loss and offered weak second-quarter guidance.
HOUSTON (AP) _ Comsys IT Partners Inc. said Thursday its first-quarter profit rose slightly as lower operating costs and expenses offset a decline in revenue and increase in income tax expense.
COLUMBUS, Ohio (AP) _ Lancaster Colony Corp. which makes products including salad dressing, candles and potpourri, said Thursday fiscal third-quarter profit fell 36 percent amid rising commodity costs.
EDISON, N.J. (AP) _ Office real estate investment trust Mack-Cali Realty Corp. said Thursday its first-quarter profit inched up 1 percent on higher rental revenue, meeting Wall Street's expectations.
NEW HYDE PARK, N.Y. (AP) _ Shopping center real estate investment trust Kimco Realty Corp. said Thursday its first-quarter results dropped nearly 19 percent on lower investment gains, but exceeded Wall Street's expectations.