Earnings roundup: Brookfield, PepsiCo

Among the earnings stories for Friday, Feb. 13, from AP Financial News:

NEW YORK (AP) _ Brookfield Asset Management Inc. said Friday its fourth-quarter profit fell 51 percent as revenue from development and specialty funds sunk. The company also took a more than $260 million revaluation charge during the quarter.

PURCHASE, N.Y. (AP) _ PepsiCo Inc., the world's second-biggest beverage maker, said Friday its fourth-quarter profit fell partly on restructuring and impairment charges, but adjusted results met analysts' expectations.

QUINCY, Ill. (AP) _ Gardner Denver Inc., which makes compressors, pumps and other machinery, said late Thursday its fourth-quarter income fell more than 50 percent as a sharp increase in new expenses more than offset higher sales.

NEW ALBANY, Ohio (AP) _ Teen retailer Abercrombie & Fitch Co. said Friday its fourth-quarter profit slid 68 percent, weighed down by hefty asset impairment and tax costs and slumping sales.

TEANECK, N.J. (AP) _ Cognizant Technology Solutions Corp. on Friday reported its fourth-quarter earnings rose almost 17 percent, beating both the company's and analysts' expectations.

ST. LOUIS (AP) _ Panera Bread Co. said its fiscal fourth-quarter profit grew 43 percent, helped by a calendar shift and as it raised prices and opened new stores.