Earnings roundup: News Corp., Liberty Global
By
Associated Press
May 7, 2008
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Among the earnings stories for Wednesday, May 7, from AP Financial News:
Top stories:
NEW YORK (AP) _ Rupert Murdoch's News Corp. reported Wednesday that its earnings more than tripled in the latest quarter on a one-time gain of $1.7 billion from a stock exchange with Liberty Media Corp.
ENGLEWOOD, Colo. (AP) _ Liberty Global Inc. says its first-quarter loss widened on higher interest payments and losses on derivatives.
Other stories:
SANTA CLARA, Calif. (AP) _ Video technology provider Macrovision Solutions Corp., which bought Gemstar-TV Guide International Inc. last week, said Wednesday its first-quarter profit grew but revenue inched lower.
HOUSTON (AP) _ Oil industry contractor Willbros Group Inc. said Wednesday it swung to a profit in the first quarter as sales more than doubled on strength at a recently acquired Canadian pipeline construction business.
RADNOR, Pa. (AP) _ Energy company Penn Virginia Corp. said Wednesday its first-quarter profit fell 11 percent, as a jump in derivatives expense offset revenue growth.