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Earnings roundup: BearingPoint, Energy Transfer Partners

By Associated Press May 12, 2008 Comments (0)

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Among the earnings stories for Monday, May 12, from AP Financial News:

McLEAN, Va. (AP) _ BearingPoint Inc., a management and technology consultant, said Monday its first-quarter loss shrunk more than 60 percent thanks to sharply lower costs.

DALLAS (AP) _ Natural gas pipeline operator Energy Transfer Partners L.P. said Monday its first-quarter profit rose as sales grew at its core gas operations and at its retail propane division.

MOUNTAIN VIEW, Calif. (AP) _ Drug developer Alexza Pharmaceuticals Inc. said Monday that its first-quarter loss widened on increased research and development spending.

LAS VEGAS (AP) _ Progressive Gaming International Corp., a casino-management software provider, said Monday its first-quarter loss narrowed slightly as the company faced a weak environment and lower seasonal revenue.

WAYNE, Pa. (AP) _ Kenexa Corp., which makes Web-based recruitment and employee development tracking software, said Monday its first-quarter profit edged up 2 percent on higher subscription and professional services revenue.

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