Earnings roundup: Kraft, Molson Coors
By
Associated Press
May 5, 2009
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Among the earnings stories for Tuesday, May 5, from AP Financial News:
DENVER (AP) _ Brewer Molson Coors said Tuesday its first-quarter profit more than doubled, though sales of its beers fell in its stronghold of Britain and stagnated in Canada.
MILWAUKEE (AP) _ Kraft Foods Inc. said Tuesday that its first-quarter profit rose 10 percent despite the drag of the stronger U.S. dollar on international sales.
NEW YORK (AP) _ CVS Caremark Corp. said Tuesday that charges and higher costs outweighed a a boost in the drugstore operator's pharmacy sales, pushing first-quarter profit down slightly.
ATLANTA (AP) _ Exchange operator IntercontinentalExchange Inc. said Tuesday its first-quarter profit fell 22 percent due to acquisition and restructuring costs and lower average daily commissions.