Earnings roundup: Alexander's, Pilgrim's Pride
By
Associated Press
May 5, 2008
|
Among the earnings stories for Monday, May 5, from AP Financial News:
PARAMUS, N.J. (AP) _ Real estate investment trust Alexander's Inc. said Monday its first-quarter results plunged 46 percent due to stock appreciation rights.
DALLAS (AP) _ Pilgrim's Pride Corp., the nation's largest chicken producer, said Monday its quarterly loss widened from a year ago as it paid more for feed and took a restructuring charge.
LAREDO, Texas (AP) _ International Bancshares Corp.'s profit surged 80 percent in the first quarter as the bank maintained stringent lending standards, the company said Monday.
ATLANTA (AP) _ Crawford & Co., a provider of claims management services for insurance companies, said Monday its first-quarter earnings more than doubled due to international revenue growth.
LOS ANGELES (AP) _ As "Iron Man" smashed its way to $201 million in worldwide box office sales, Marvel Entertainment Inc. raised its profit forecast Monday for the year and promised to release "Iron Man 2" in 2010.
NEW YORK (AP) _ Shares of OneBeacon Insurance Group hit an all-time low Monday morning after the company said it swung to a first-quarter loss due in part to accounting changes and higher claims, and an analyst cut his rating.