Earnings roundup: Alexander's, Pilgrim's Pride

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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.

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Alexander's, Inc.

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$164.33

-48.47 (-22.78%)

Outperform21

Underperform40

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