Earnings roundup: Bertelsmann, Nasdaq

Recs

0

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.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 640979, ~/articles/articlehandler.aspx, 12/2/2008 7:20:11 AM,

Sign up for FREE Motley Fool site access!

Already registered? Login Here

It’s FREE! Enter your email address, and we’ll rush you to the article you're looking for right now.

Privacy / Legal Information

We will use your email address only to keep you informed about updates to our web site and about other products and services that we think might interest you. The Motley Fool respects your privacy. Please read our Privacy Statement

.

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

What Fools Are Saying

Most Recent

Most Recommended

Market Summary

S&P 500816.21 -8.93%
DJIA8,149.09 -7.70%
NASD1,398.07 -8.95%
Updated: 4:04:56 PM
Sponsored by:

Related Tickers

CECO Environmental Corp.

CAPS Rating 4/5 Stars

$1.98

-0.20 (-9.09%)

Outperform107

Underperform7

Rate This Stock