Earnings roundup: FuelCell Energy, Quanex Building
By
Associated Press
August 28, 2008
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Among the earnings stories for Thursday, Aug. 28, from AP Financial News:
DANBURY, Conn. (AP) _ FuelCell Energy Inc., which makes fuel cells for electric power generation, said Thursday its loss in the third quarter of fiscal 2008 widened by about 65 percent, due in part to higher cost ratios from a manufacturing defect in fuel cell stack production.
HOUSTON (AP) _ Quanex Building Products Corp. said Thursday its profit plunged 77 percent in the third quarter, as the company was hurt by the weak housing market.
MOSCOW (AP) _ Russian dairy, food and juice company Wimm-Bill-Dann Foods OJSC said Thursday its second-quarter profit rose 9 percent as strong sales of baby food and milk offset rising costs.
SOUTH WINDSOR, Conn. (AP) _ Gerber Scientific Inc., which makes equipment to create signs and specialty graphics, said Thursday its fiscal 2009 first-quarter profit plunged 76 percent on continued weakness in several of the company's markets.