Earnings roundup: Arctic Cat, Strayer Ed
By
Associated Press
July 24, 2008
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Among the earnings stories for Thursday, July 24, from AP Financial News:
NEW YORK (AP) _ Snowmobile and all-terrain vehicle maker Arctic Cat Inc. on Thursday reported a loss for the first fiscal quarter narrower than last year's, beating Wall Street estimates.
ARLINGTON, Va. (AP) _ Strayer Education Inc., a for-profit education company, said Thursday a rise in student enrollment helped lift second-quarter profit 22 percent.
NEW YORK (AP) _ Shares of Teledyne Technologies Inc. jumped Thursday after the aerospace and energy contractor posted better-than-expected second-quarter results, boosted by higher sales of electronic instruments and defense electronics, among other products.
ANDOVER, Mass. (AP) _ MKS Instruments Inc., which makes control and measurement products for the semiconductor industry, on Thursday posted sharply lower second-quarter profit and projected third-quarter earnings below analyst estimates, sending its shares into a tailspin.
CHICAGO (AP) _ Rail and marine leasing company GATX Corp. said Thursday its second-quarter earnings declined 4 percent on higher costs.