Among the earnings stories for Friday, May 2, from AP Financial News:
SEATTLE (AP) _ Weyerhaeuser Co., one of the world's largest timberland owners and wood products manufacturers, said Friday it swung to a loss in the first quarter, hurt by a sagging housing market and low product prices.
HOUSTON (AP) _ KBR Inc., the military contractor and engineering outfit, said Friday its first-quarter profit more than tripled, helped by a gain from an arbitration award, and the company's top executive touted prospects for broad growth.
NEW YORK (AP) _ Shares of Cbeyond Inc. rose Friday after the communications services provider said its first-quarter profit fell more than 60 percent due to a higher income tax expense, but posted higher revenues and affirmed its full-year outlook.
NEW YORK (AP) _ Shares of real estate investment trust Duke Realty Corp. rose Friday, as two analysts upgraded the stock following the company's first-quarter report.
SAN DIEGO, Calif. (AP) _ Shares of Websense Inc. slid on Friday after the company posted first-quarter results which topped Street expectations, but an analyst said slower billings growth and market saturation could hurt its prospects.
Terms & Conditions
RSS Headlines
Fool UK