Earnings roundup: Toll Brothers, Hhgregg
By
Associated Press
June 3, 2008
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Among the earnings stories for Tuesday, June 3, from AP Financial News:
Top stories:
HORSHAM, Pa. (AP) _ Toll Brothers says hefty write-downs on the value of land joint ventures drove the luxury homebuilder to a second-quarter loss, but results topped Wall Street expectations.
Other stories:
INDIANAPOLIS (AP) _ Consumer-electronics retailer Hhgregg Inc. on Tuesday said fiscal fourth-quarter profit rose 24 percent helped by sales of flat screen TVs, notebook computers and other electronics.
DUBLIN, Ireland (AP) _ Budget airline leader Ryanair Holdings PLC reported a 10.3 percent drop in net profits Tuesday, citing the record cost of fuel and its attempt to takeover Irish rival Aer Lingus.
MISSION WOODS, Kan. (AP) _ Layne Christensen Co., which offers drilling and construction services, said Tuesday its fiscal 2009 first-quarter profit rose 30 percent as higher revenue from each primary segment combined to set a record.
NEW YORK (AP) _ ABM Industries Inc., a facilities-service provider, on Tuesday reported fiscal second-quarter profit fell 34 percent, hurt by higher costs and a goodwill impairment charge.