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Earnings roundup: Triarc, Cornell

By Associated Press May 9, 2008 Comments (0)

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

ATLANTA (AP) _ Triarc Cos., which is buying Wendy's International Inc., said Friday it swung to a first-quarter loss due to a charge related to Deerfield Capital Corp.

HOUSTON (AP) _ Cornell Cos., a provider of corrections and treatment services to federal and state agencies, said Friday that its first-quarter profit soared nearly sevenfold, with revenue rising mainly due to correctional center and prison projects.

NEW YORK (AP) _ Shares of American Reprographics Co., which provides large-format document reproductions, climbed Friday after the company said its profit rose 10 percent, surpassing analyst estimates due to improved sales.

FRANKFURT, Germany (AP) _ Linde AG said Friday that first-quarter profits fell 64 percent compared with last year, when the industrial gasses and engineering company recorded the sale of some businesses.

CAMBRIDGE, Mass. (AP) _ Alnylam Pharmaceuticals Inc. rose Friday after the biotechnology company posted a smaller-than-expected first-quarter loss and strong revenue growth.

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