Among the earnings stories for Wednesday, May 7, from AP Financial News:
NEW YORK (AP) _ Marsh & McLennan lost money in the first quarter as the insurance broker's corporate security business suffered a fundamental deterioration in value, the company said Wednesday.
NIWOT, Colo. (AP) _ Shoe company Crocs Inc., best known for its bright plastic clogs, said Wednesday it swung to a first-quarter loss, hurt by charges, but revenue climbed past Wall Street's expectations and shares rose after hours.
MAUMEE, Ohio (AP) _ The Andersons Inc., a diversified company involved in agriculture, railcars and retail, said Wednesday its first-quarter profit fell 15 percent as income from its grain and ethanol division fell sharply.
WASHINGTON (AP) _ Educational software company Blackboard Inc. said Wednesday that it swung to a first-quarter loss as rising product revenue was overshadowed by climbing operating expenses.
STERLING, Va. (AP) _ NeuStar Inc., a provider of clearinghouse services for communications companies, said Wednesday it swung to a first-quarter loss as a hefty charge offset revenue growth.
CORONA, Calif. (AP) _ Beverage maker Hansen Natural Corp. said Wednesday its first-quarter profit climbed 43 percent on strong sales of its Monster energy drinks.
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