Earnings roundup: Perficient, Parexel
By
Associated Press
August 7, 2008
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Among the earnings stories for Thursday, Aug. 7, from AP Financial News:
AUSTIN, Texas (AP) _ Shares of Perficient Inc. sank Thursday after the information technology consulting company predicted third-quarter revenue below Wall Street expectations.
NEW YORK (AP) _ Shares of Parexel International Corp. jumped to an all-time high Thursday after the pharmaceutical services company reported a strong quarter, with results boosted by greater service revenue and a favorable tax adjustment.
ATLANTIC CITY, N.J. (AP) _ Casino operator Trump Entertainment Resorts Inc. said Thursday its net loss widened in the second quarter, falling short of analysts' estimates, on a decrease in gaming revenue.
BERLIN (AP) _ Reinsurer Hannover Re AG said Thursday its second-quarter net profit declined by 40.5 percent as stock market turbulence and the euro's strength against other currencies weighed on its results.
BERLIN (AP) _ Puma AG, the world's third-biggest sporting goods and apparel company, said Thursday that its second-quarter net profit ticked slightly higher as sales improved steadily worldwide.
FRANKFURT, Germany (AP) _ Insurer Allianz SE said Thursday its second-quarter net profit fell 28 percent, citing difficult market conditions and a hefty operating loss at its Dresdner Bank unit. The company lowered its operating profit outlook.
SAN FRANCISCO (AP) _ Blockbuster Inc. suffered another loss in the second quarter, but the struggling movie rental chain showed signs of progress by wringing more revenue from its stores while lowering its costs.
UNDATED (AP) _ Power producer Dynegy on Thursday posted a second-quarter loss from accounting losses on forward sales contracts and bad weather in the Midwest. The company cut its outlook for the year.