Earnings roundup: Mattel, Great Atlantic & Pacific
By
Associated Press
July 18, 2008
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Among the earnings stories for Friday, July 18, from AP Financial News:
Top stories:
EL SEGUNDO, Calif. (AP) _ Toy maker Mattel Inc. said Friday its second-quarter profit fell by nearly half, hurt by lower global demand for Barbie toys and higher costs, but results still beat Wall Street expectations.
Other stories:
MONTVALE, N.J. (AP) _ Great Atlantic & Pacific Tea Inc. said Friday it swung to a profit in its fiscal first quarter from a loss last year, helped by a higher than 3 percent rise in total company same-store sales, and in its recently acquired Pathmark chain.
ARLINGTON HEIGHTS, Ill. (AP) _ Specialty mineral producer Amcol International Corp. said Friday its second-quarter earnings rose 19 percent, as soaring energy prices and higher costs were offset by surging sales in its oilfield services segment.