Earnings roundup: Belo, NuStar
By
Associated Press
July 25, 2008
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Among the earnings stories for Friday, July 25, from AP Financial News:
UNDATED (AP) _ Shares of Belo Corp. rose Friday after the television station owner posted second-quarter earnings that, excluding results from the company it spun off, beat analysts' expectations.
SAN ANTONIO (AP) _ NuStar GP Holdings LLC said Friday its second-quarter profit dropped by nearly half and widely missed Wall Street's estimates.
BALTIMORE (AP) _ Investment management firm T. Rowe Price Group Inc. on Friday reported flat second-quarter earnings as expense growth offset gains from fees and other revenue, but per-share earnings rose as the company reduced its number of outstanding shares.
SAN FRANCISCO (AP) _ FMC Technologies Inc.'s stock ticked higher Friday after the oil drilling and food-handling equipment maker's second-quarter results blew past Wall Street's forecast and the company lifted its 2008 guidance.