Earnings roundup: Bertelsmann, Nasdaq
By
Associated Press
May 8, 2008
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Among the earnings stories for Thursday, May 8, from AP Financial News:
FRANKFURT, Germany (AP) _ Bertelsmann AG, the owner of book publisher Random House, said Thursday that its first-quarter net loss narrowed significantly _ but the higher euro and a drop in sales at its book and music clubs crimped revenue.
NEW YORK (AP) _ Nasdaq OMX Group said Thursday that its quarterly profit surged in its first combined reporting period that included Sweden's OMX stock exchange.
NEW YORK (AP) _ Shares of Central Garden & Pet Co. spiked Thursday after the company posted fiscal second-quarter income that fell only slightly _ despite the turbulent economy _ and beat Wall Street's estimates.
MIAMISBURG, Ohio (AP) _ Database manager Teradata Corp. said Thursday that its first-quarter profit declined as its gross margin fell on lower product volume in the Americas region and expenses rose.
CINCINNATI (AP) _ Air pollution control and industrial ventilation systems maker CECO Environmental Corp. said Thursday it swung to a first-quarter loss due to unbudgeted costs, sending shares down.
ALBUQUERQUE, N.M. (AP) _ Communications chip maker Emcore Corp. said late Wednesday its fiscal second-quarter net loss widened, hurt by higher expenses and charges, but the company's revenue forecast surpassed Wall Street's expectations.
NEW YORK (AP) _ Shares of Conseco Inc. tumbled Thursday morning, a day after the insurer said it lost money during the first quarter, missing analysts expectations.