Among the earnings stories for Wednesday, May 7, from AP Financial News:
COPENHAGEN, Denmark (AP) _ Carlsberg A/S said Wednesday it swung to a loss in the first quarter mainly due to costs related to its acquisition of a stake in the brewer Scottish & Newcastle, which it bought together with Dutch rival Heineken NV.
FRANKFURT, Germany (AP) _ Puma AG, the world's third-biggest sporting goods and apparel company, said Wednesday that its first-quarter profit slipped even though sales were up.
OSLO, Norway (AP) _ Europe's largest shipbuilder, Aker Yards ASA, on Wednesday said its net profit for continuing operations in the first quarter declined 83 percent from a year earlier due to an increase in operating expenses in a heated shipbuilding market.
BALTIMORE (AP) _ Sinclair Broadcast Group Inc. said Wednesday it swung to a first-quarter profit, helped by a smaller debt extinguishment loss.
NEW YORK (AP) _ Shares of Kenneth Cole Productions Inc. fell on Wednesday, after the company predicted a second-quarter loss and an analyst said there is no sign of a turnaround in 2008 for the footwear and handbag maker.
PARIS (AP) _ French oil company Total SA said Wednesday its first-quarter net profit jumped 18 percent amid record-high energy prices.
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