Among the earnings stories for Thursday, June 26, from AP Financial News:
Top stories:
NEW YORK (AP) _ Discover posted a healthier quarterly profit Thursday than Wall Street expected _ no thanks to the lending business, however.
Other stories:
HARRISBURG, Pa. (AP) _ Rite Aid Corp. said Thursday that it swung to a big loss in its first-quarter as it continues to spend heavily to absorb more than 1,850 newly acquired stores and offered promotions on items such as food and toiletries that hurt profit margins.
OMAHA, Neb. (AP) _ ConAgra Foods Inc. said Thursday its fourth-quarter earnings grew almost 5 percent, helped by contributions from the commodity trading unit that the company just sold.
BENTONVILLE, Ark. (AP) _ Shares of America's Car-Mart Inc. breached a year-high Thursday, after the used car retailer reported fiscal fourth-quarter earnings that widely beat Wall Street's expectations, in sharp contrast to rivals in the automotive retail industry.
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