Earnings Roundup: Allscripts-Misys, Walgreen

 

Among the earnings stories for Tuesday, Sept. 29, from AP Financial News:

CHICAGO (AP) — Electronic health records maker Allscripts-Misys Healthcare Solutions Inc. reported an adjusted fiscal first-quarter profit ahead of Wall Street estimates.

NEW YORK (AP) — Drugstore operator Walgreen Co. said prescription drug sales rose in the fiscal fourth quarter, pushing the company's results past Wall Street expectations and lifting shares to an annual high.

PORTLAND, Ore. (AP) — Nike Inc. said that as consumers around the globe limited their spending its first-quarter profit was nearly unchanged from a year ago, but it beat expectations.

BOISE, Idaho (AP) — Semiconductor maker Micron Technology Inc. posted a narrower-than-expected loss for its fiscal fourth quarter and said the market is beginning to improve.

MENLO PARK, Calif. (AP) — Landec Corp., which makes agricultural and food packaging products, said that its fiscal 2010 first-quarter profit fell 23 percent on the slumping U.S. economy and decline in consumer spending.

ST. PETERSBURG, Fla. (AP) — Jabil Circuit Inc. posted a sharp drop in its fiscal fourth-quarter profit, hurt by charges and lower revenue, but the electronics parts maker said the worst of the recession appears to be over.

TRINITY, N.C. (AP) — Mattress maker Sealy Corp. said its fiscal third-quarter profit rose 10 percent even as sales fell, due to lower operating costs and year-earlier results that included higher taxes.

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