Earnings roundup: Elizabeth Arden, Cincinnati Bell
By
Associated Press
February 5, 2009
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Among the earnings stories for Thursday, Feb. 5, from AP Financial News:
NEW YORK (AP) _ Cosmetics maker Elizabeth Arden Inc. said Thursday its fiscal second-quarter profit fell 60 percent, hurt by the stronger dollar and weak consumer spending, but excluding one-time items results beat expectations.
CINCINNATI (AP) _ Regional telephone company Cincinnati Bell Inc. said Thursday that it swung to a fourth-quarter profit in the absence of significant restructuring charges that hampered its results in the year-ago period.
DENTON, Texas (AP) _ Beauty-supply retailer and distributor Sally Beauty Holdings Inc. said Thursday its fiscal first-quarter profit rose 13 percent, helped by a slight uptick in same-store sales.
SAN JOSE, Calif. (AP) _ Medical device maker Micrus Endovascular Corp. said Thursday it narrowed its loss in the fiscal third quarter of 2009 on lower costs even as the weak economy and stronger U.S. dollar stagnate revenue.
NEW YORK (AP) _ Newspaper publisher McClatchy Co. reported a $21.7 million loss for the fourth quarter on Thursday, reflecting the declining value of its newspapers, and said it plans deep cost cuts this year.
DALLAS (AP) _ Eagle Materials Inc. reported Thursday that its fiscal third-quarter profit fell by half, hurt by lower sales of gypsum wallboard and concrete and an unfavorable comparison with income from a legal settlement in the year-earlier period.
NEW YORK (AP) _ Sirona Dental Systems Inc., which makes digital X-ray systems for dentists, said Thursday its fiscal first-quarter profit plunged as system and product sales declined.
CLEVELAND (AP) _ Specialty chemical maker Lubrizol Corp. said Thursday it fell to a fourth-quarter loss on a large impairment charge and a drop in sales amid the economic slump.
NEW YORK (AP) _ Futures and options broker MF Global Ltd. said Thursday that its fiscal third-quarter profit slipped 10 percent, but results beat Wall Street's expectations.
INDIANAPOLIS (AP) _ Shares of health insurer Cigna Corp. climbed quickly Thursday morning after the company reported fourth-quarter earnings and a 2009 outlook that both topped analyst expectations.