Earnings roundup: Southwest Water, Evercore
By
Associated Press
May 12, 2008
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Among the earnings stories for Monday, May 12, from AP Financial News:
LOS ANGELES (AP) _ Southwest Water Co. said Monday it swung to a first-quarter loss as overhead costs helped pull total expenses nearly 10 percent higher.
NEW YORK (AP) _ Investment bank Evercore Partners Inc. on Monday reported a first-quarter loss, citing a slowdown in corporate acquisitions.
HOUSTON (AP) _ Targa Resources Partners LP, which processes and sells natural gas, said Monday it swung to a profit in the first quarter on increased volumes and higher prices.
NEW YORK (AP) _ Shares of Move Inc., which offers Web-based real estate listings, fell Monday morning after a Needham analyst downgraded the company, saying its costs will stay high.
THE WOODLANDS, Texas (AP) _ Oilfield services company Tetra Technologies Inc. said Monday its first-quarter profit fell 68 percent, partly from a weather-related shortfall in its well abandonment and decommissioning services segment.
SOMERSET, N.J. (AP) _ Shares of inVentiv Health Inc., which provides services for the pharmaceutical and life sciences industries, fell in morning trading after the company posted a narrower first-quarter profit.