Earnings
Earnings Roundup: DSW, Solarfun Power
The Associated Press
03/25/09 - 10:13 AM EDT
Among the earnings stories for Wednesday, March 25, from AP Financial News:
COLUMBUS, Ohio (AP) DSW Inc. on Wednesday reported a fourth-quarter loss on a sharp drop-off in same-store sales.
Chinese solar cell maker Solarfun Power Holdings Co. on Wednesday reported a fourth-quarter loss, due mainly to $47.8 million in inventory write downs.
DAYTON, Ohio (AP) Robbins & Myers Inc., which makes industrial equipment, said its fiscal second-quarter profit dropped 7.3 percent as sales declined sharply.
NEW YORK (AP) Signet Jewelers Ltd., the parent of Kay Jewelers and other retail chains, on Wednesday reported a fourth-quarter loss due to a hefty goodwill impairment charge.
Greenwood Village, Colo. (AP) First Data Corp., which processes electronic-money transactions from credit cards, debit cards, gift cards and check cards, on Wednesday posted lower fourth-quarter earnings.
PASADENA, Calif. (AP) Ameron International Corp., which makes water transmission lines and other products, posted a steep decline in first-quarter profit due primarily to falling demand for a steel product.