Earnings roundup: Sirius Satellite, Time Warner Telecom

By Associated Press May 12, 2008 Comments (0)

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

NEW YORK (AP) _ Sirius Satellite Radio Inc. reported a narrower first-quarter loss Monday as revenue rose 33 percent.

LITTLETON, Colo. (AP) _ Data provider Time Warner Telecom Inc. on Monday its first-quarter loss narrowed considerably on a jump in demand for data and Internet services.

LAWRENCE, Mass. (AP) _ Medical device maker NxStage Medical Inc. said Monday its first-quarter loss widened on higher expenses.

COLUMBUS, Ga. (AP) _ Carmike Cinemas Inc. said Monday that its loss widened in the first quarter as the movie theater operator experienced some box office weakness and expenses increased.

NEW YORK (AP) _ Biotechnology company Novacea Inc. said Monday it will slash its work force, one month after partner Schering-Plough Corp. pulled out of a development agreement for the failed prostate cancer drug candidate Asentar.

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