Earnings roundup: URS, Jack in the Box

Among the earnings stories for Wednesday, May 13, from AP Financial News:

SAN FRANCISCO (AP) _ Engineering and construction company URS Corp. said its first-quarter net income jumped 53 percent to beat Wall Street expectations on growth in federal, infrastructure and other markets.

SAN DIEGO (AP) _ Jack in the Box Inc. said that its fiscal second-quarter earnings rose 14 percent as the fast-food chain benefited from lower food and packaging costs.

GRAND RAPIDS, Mich. (AP) _ Grocery products distributor and store operator Spartan Stores Inc. said its fiscal fourth-quarter profit rose 10 percent as cash-strapped consumers snapped up more of the company's private-label goods.

AUSTIN, Texas(AP) _ Whole Foods Market Inc. said that its profit fell 32 percent in its second fiscal quarter as shoppers cut back on spending during the recession.

ISLANDIA, N.Y. (AP) _ Information technology management software company CA Inc. said that its fiscal fourth-quarter profit rose slightly as cost-cutting moves balanced out a decline in revenue.

NEW YORK (AP) _ Department store Macy's Inc. and clothing maker Liz Claiborne reported wider losses for the first quarter because of charges tied to changes they are making as they try to streamline and respond to how people are shopping in the recession.

RICHMOND, Va. (AP) _ Insmed Inc. reported a first-quarter profit, bolstered by Merck & Co. buying several of the biopharmaceutical company's drug candidates.

LITTLE ROCK, Ark. (AP) _ Acxiom Corp. reported a fiscal fourth-quarter profit but the company's revenue fell short of analyst estimates.