Earnings roundup: Quicksilver, Bombardier
By
Associated Press
September 4, 2008
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Among the earnings stories for Thursday, Sept. 4, from AP Financial News:
HUNTINGTON BEACH, Calif. (AP) _ Quicksilver Inc.'s profit missed expectations for the fiscal third quarter, and the retailer said Thursday that its performance was hurt by increased costs and a weak economic environment.
MONTREAL (AP) _ Shares of the airplane and train maker Bombardier Inc. fell 7 percent Thursday as the company warned that orders for its business jets will slow in the coming months after contributing significantly to a profit turnaround in the second quarter.
PORTLAND, Ore. (AP) _ Cascade Corp., which makes forklift attachments, hydraulic cylinders and other loading gear, said Thursday its second-quarter profit fell 31 percent on lower sales in North America and higher prices for materials in all regions.