Earnings roundup: Nasdaq OMX, Sirius XM Radio

Among the earnings stories for Thursday, May 7, from AP Financial News:

NEW YORK (AP) _ Nasdaq OMX Group Inc. said Thursday its first-quarter profit fell 22 percent compared with a year-ago quarter where it booked hefty gains on foreign currency contracts.

The slump in the U.S. auto industry helped send Sirius XM Radio Inc. to a loss of $236.6 million in the first quarter and its first-ever quarterly decline in net subscriber additions.

CHEVY CHASE, Md. (AP) _ CapitalSource Inc., a commercial lender to middle-market businesses, said Thursday it fell to a first-quarter loss as it wrote off loan losses, set aside cash to cover additional troubled loans and converted some debt.

WILMINGTON, Del. (AP) _ Biotech drugmaker Incyte Corp. on Thursday said it lost $40 million in the first quarter, a total roughly unchanged from the same time last year.

DALLAS (AP) _ Wireless carrier MetroPCS Communications Inc. said Thursday its first-quarter profit jumped 11 percent, helped by a growing subscriber base as it expanded into the New York City and Boston areas.

NEW YORK (AP) _ Shares of Avis Budget Group Inc. dropped on Thursday after the rental car company reported a wider first-quarter loss as vehicle demand in both the commercial and leisure markets remained very weak.

CARLSBAD, Calif. (AP) _ Biotechnology company Isis Pharmaceuticals Inc. on Thursday said it turned a profit in the first quarter after selling its Ibis Biosciences research business.