Among the earnings stories for Thursday, May 22, from the AP Financial News:
NEW YORK (AP) _ Barnes & Noble Inc. appears to be getting more serious about buying chief rival Borders Group Inc., confirming Thursday that it put together a management team to study the "feasibility" of a combination.
PARIS (AP) _ Air France-KLM said Thursday it expects the coming year to be "challenging" amid sharply higher oil prices and a sluggish global economy which contributed to a net loss in its fiscal fourth quarter.
LONDON (AP) _ The London Stock Exchange Group PLC's annual profit climbed 59 percent on record trading, but its shares dropped amid fears it will not be able to sustain that growth amid increasing competition and tough market conditions.
MINNEAPOLIS (AP) _ Hormel Foods said second-quarter profits rose 14 percent, helped by falling pork prices and strong Spam sales.
WILSONVILLE, Ore. (AP) _ Mentor Graphics Corp., which makes electronic design automation systems, said Thursday that it swung to a fiscal 2009 first-quarter loss resulting from one-time charges related to restructuring costs.
NEW YORK (AP) _ Shares of Blue Coat Systems Inc. tumbled Thursday after the network security company posted fiscal fourth-quarter profit and sales below Wall Street's expectations.
Terms & Conditions
RSS Headlines
Fool UK