Earnings roundup: Lorillard, Ryanair
By
Associated Press
July 28, 2008
|
Among the earnings stories for Monday, July 28, from AP Financial News:
GREENSBORO, N.C. (AP) _ Lorillard Inc. on Monday said it earned a smaller second-quarter profit, as expenses for its spin-off from Loews Corp. and a higher tax rate crimped the cigarette maker's bottom line.
DUBLIN, Ireland (AP) _ Shares of Ryanair Holdings PLC and rival airlines fell Monday after Europe's leading budget airline recorded its first quarterly net loss since becoming a publicly listed company in 1997.
MILWAUKEE (AP) _ Metavante Technologies Inc., a provider of banking and payments technologies, said Monday its second-quarter earnings fell 14 percent due to rising expenses tied to its separation from former parent Marshall & Ilsley Corp.
JACKSON, Miss. (AP) _ Egg producer Cal-Maine Foods Inc. said Monday its fiscal fourth-quarter profit almost doubled because of strong demand and pricing for eggs.