Among the earnings stories for Friday, May 2, from AP Financial News:
NEW YORK (AP) _ Strong sales of the video game "Rock Band" helped lift first-quarter earnings 33 percent at the entertainment company Viacom Inc., a major cable network operator which owns MTV and Nickelodeon.
AUSTIN, Texas (AP) _ Shares of Cirrus Logic Inc. plunged 20 percent Friday after the chip maker reported it swung to a fourth-quarter loss and guided for first-quarter revenue below analyst estimates.
NEW YORK (AP) _ Shares of Callaway Golf Co. climbed Friday after the golf equipment maker reported 21 percent growth in first-quarter profit, narrowly beating analyst estimates.
NEW YORK (AP) _ Shares of drug developer Sepracor Inc. fell Friday as Wall Street expressed disappointment over lagging sales of the company's insomnia treatment Lunesta and the decline in first-quarter revenue.
NEW YORK (AP) _ Shares of Coinstar Inc. soared to a new 52-week high Friday, after the coin-counting machine maker reported a first-quarter profit above Wall Street expectations.
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