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Earnings roundup: Unilever, TurboChef Technologies

By Associated Press May 8, 2008 Comments (0)

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Among the earnings stories for Thursday, May 8, from AP Financial News:

AMSTERDAM, Netherlands (AP) _ Unilever on Thursday reported a better-than-expected 34 percent rise in first-quarter profits, partly because of asset sales, and raised its full-year sales growth target.

NEW YORK (AP) _ Shares of TurboChef Technologies Inc. dropped Thursday after the high-speed oven maker reported a smaller loss and less revenue than Wall Street expected in the first quarter.

HOLMDEL, N.J. (AP) _ Internet communications company Vonage Holdings Corp. said Thursday its first-quarter loss narrowed 88 percent on higher sales and reduced costs.

NEW YORK (AP) _ Shares of Protective Life Corp., an insurance and investment products provider, tumbled Thursday afternoon, a day after it reported a steep decline in first-quarter earnings.

NEW YORK (AP) _ Shares of food maker Treehouse Foods Inc. jumped Thursday after the company said its adjusted profit beat Wall Street analysts' estimates in the first quarter.

LAKE SUCCESS, N.Y. (AP) _ Technology outsourcing company Broadridge Financial Solutions Inc. said Thursday its fiscal third-quarter profit fell on higher costs.

YORK, Pa. (AP) _ York Water Co. said Thursday its first-quarter income fell 9 percent due in part to dips in water usage and higher operating expenses.

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