Earnings roundup: YRC Worldwide, 1-800-Flowers.com
By
Associated Press
January 29, 2009
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Among the earnings stories for Thursday, Jan. 29, from AP Financial News:
NEW YORK (AP) _ Trucking company YRC Worldwide Inc. narrowed its fourth-quarter loss despite declining revenue, as operating expenses shrank.
CARLE PLACE, N.Y. (AP) _ Florist and gift retailer 1-800-Flowers.com Inc. on Thursday posted a fiscal second-quarter loss, reversing a year-ago profit, as the company recorded a big charge related to a big write-down in one of its business segments.
ISLANDIA, N.Y. (AP) _ Information technology management software maker CA Inc. said Thursday its fiscal third-quarter profit grew, helped by the company's broad product line as well as lower expenses.
HARRISBURG, Pa. (AP) _ Harsco Corp. on Thursday reported an 85 percent drop in fourth quarter profit, but excluding a significant restructuring charge the industrial services company would have beaten Wall Street estimates.
VAN BUREN, Ark. (AP) _ USA Truck Inc. said Thursday it swung to a profit in the fourth quarter by slashing costs to offset collapsing demand for its freight shipping services.
NEW YORK (AP) _ Shares of Arctic Cat Inc., which makes all-terrain vehicles and snowmobiles, dropped Thursday after offering a weaker-than-expected outlook and saying it would suspend its dividend, despite posting a smaller third-quarter loss.
WOODLAND HILLS, Calif. (AP) _ Zenith National Insurance Corp. said Thursday its fourth-quarter profit dropped 79 percent, hurt by losses in its investment portfolio and a decline in net premiums earned.