Earnings roundup: T. Rowe Price, Fortune Brands

Among the earnings stories for Friday, July 25, from AP Financial News:

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.

DEERFIELD, Ill. (AP) _ Fortune Brands Inc., which sells wine and spirits as well as home and hardware products and golf equipment, said Friday its second-quarter profit fell 41 percent amid a weak U.S. economic environment and higher commodity costs.

JOHNS CREEK, Ga. (AP) _ Trucking company Saia Inc. on Friday reported its second-quarter profit fell 27.9 percent because of high fuel prices and a weak shipping environment.

NEW YORK (AP) _ Nutritional-supplement maker and retailer NBTY Inc. said Friday that its net income fell 11.1 percent in its fiscal third quarter, hampered by an increase in advertising costs, but still beat Wall Street estimates.

NEW YORK (AP) _ American Axle & Manufacturing Holdings Inc. said Friday it posted a $644.3 million second-quarter loss, blaming a nearly three-month long strike that crippled production as well as charges related to a new labor agreement.

STOCKHOLM, Sweden (AP) _ Swedish truck maker Scania AB on Friday posted a 51 percent rise in second-quarter profit, as it sold and serviced more vehicles and charged more for it.