Earnings roundup: Pilgrim's Pride, McKesson

By Associated Press May 5, 2008 Comments (0)

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Among the earnings stories for Monday, May 5, from AP Financial News:

DALLAS (AP) _ Pilgrim's Pride Corp., the nation's largest chicken producer, said Monday its second-quarter loss widened from a year ago as it paid more for feed and took a restructuring charge.

SAN JOSE, Calif. (AP) _ McKesson Corp.'s fiscal fourth quarter profit rose 19 percent because of strong sales in its distribution and technology units.

VALENCIA, Calif. (AP) _ Biotechnology company MannKind Corp. said Monday its first-quarter loss narrowed on lower research and development costs.

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.

MINNEAPOLIS (AP) _ Heart surgery product manufacturer ATS Medical Inc. on Monday reported a narrower first-quarter loss on a leap in revenues from the company's heart valve products, beating analyst estimates.

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