Among the earnings stories for Thursday, May 15, from AP Financial News:
Top stories:
NEW YORK (AP) _ Private equity firm Blackstone Group says it swung to a loss during the first quarter due to deterioration in the credit and equities markets.
DALLAS (AP) _ The movie rental chain Blockbuster says it swung to a first-quarter profit on lower expenses and improved results from its subscription service and domestic sales growth.
Other stories:
NEW YORK (AP) _ China-based solar cell maker Yingli Green Energy Holding Co. Ltd. said Thursday its first-quarter profit increased nearly 20-fold on higher demand from western Europe and the U.S.
THIEF RIVER FALLS, Minn. (AP) _ Arctic Cat Inc. said Thursday it swung to a fiscal fourth-quarter profit, as cost-cutting efforts offset weak demand for all-terrain vehicles.
NEW YORK (AP) _ Melco PBL Entertainment Ltd., a developer and owner of casinos and resorts in Macau, said Thursday it swung to a first-quarter profit, helped by strong results from its Crown Macau property.
NEW YORK (AP) _ Hong Kong-based plant engineering and equipment supply firm KHD Humboldt Wedag International Ltd. said Thursday its first-quarter earnings fell 12 percent, as soaring sales were countered by a hefty charge related to a weakening U.S. dollar.
NEW YORK (AP) _ Chinese travel Web site operator Ctrip.com International Ltd. said Wednesday its first-quarter profit jumped on higher airline ticket sales.
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