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Earnings roundup: Harrah's Entertainment, Live Nation

By Associated Press
May 9, 2008 | Comments (0)

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Among the earnings stories for Friday, May 9, from AP Financial News:

LAS VEGAS (AP) _ Casino operator Harrah's Entertainment Inc. reported Friday it swung to a first-quarter loss, citing costs associated with a deal to take it private and "challenging economic conditions."

LOS ANGELES (AP) _ Live Nation Inc.'s stock fell Friday as its first-quarter loss narrowed but missed analysts' estimates.

NEW YORK (AP) _ An analyst kept a top rating on American States Water Co. Friday after the water and electric utility posted first-quarter revenue above Wall Street's expectations even as profit slipped 24 percent.

FAIRPORT, N.Y. (AP) _ Newspaper publisher GateHouse Media Inc. said Friday that its first-quarter loss widened as rising costs and expenses overshadowed increases in advertising and circulation revenues.

NEW YORK (AP) _ Shares of Allied World Assurance rose sharply Friday, a day after the insurer said first-quarter earnings rose 15 percent.

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