Earnings roundup: Standard Pacific, Cabot Oil

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

IRVINE, Calif. (AP) _ Homebuilder Standard Pacific Corp. posted a narrower loss for the fourth quarter, even as revenue continued to plummet and new home orders fell by nearly half.

HOUSTON (AP) _ Cabot Oil & Gas Corp. posted a higher fourth-quarter profit as production levels increased despite volatile commodity prices.

NEW YORK (AP) _ Shares of BJ's Restaurants Inc. soared higher Friday after the restaurant chain bested Wall Street analysts' profit estimates for its fourth quarter.

SIOUX FALLS, S.D. (AP) _ NorthWestern Corp., a utility that does business as NorthWestern Energy, on Friday said its fourth-quarter profit climbed 15 percent, due to rate increases, litigation settlement proceeds and lower property taxes.

SIOUX FALLS, S.D. (AP) _ Manufacturer Raven Industries Inc. said Friday it expects to report a 22 percent decline in income for its fourth quarter ended Jan. 31.

OKLAHOMA CITY (AP) _ OGE Energy Corp., parent of Oklahoma Gas and Electric Co., said Friday its fourth-quarter profit fell 42 percent, hurt by lower profit margins at its Enogex LLC subsidiary.

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11/10/2009 11:19 AM
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