Earnings roundup: Hain Celestial, Forest Oil
By
Associated Press
May 5, 2009
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Among the earnings stories late Monday, May 4, from AP Financial News:
MELVILLE, N.Y. (AP) _ The Hain Celestial Group Inc., which makes organic food and personal care products, said on Monday it lost $41.2 million in its third quarter as it took an accounting charge, and it lowered its guidance again.
DENVER (AP) _ Natural gas and oil producer Forest Oil Corp. said Monday it widened its first-quarter loss because of a write-down for oil and gas properties.
DES MOINES, Iowa (AP) _ Principal Financial Group Inc. profit fell 35 percent as poor stock market performance reduced assets under management by 22 percent from a year earlier and resulted in increased employee pension and post retirement costs.
BEIJING (AP) _ Online gaming site Sohu.com said Monday its first-quarter net income doubled as online advertising and gaming revenue rose.