Earnings

Earnings Roundup: 4Kids, AgFeed

 

Among the earnings stories for Monday, March 16, from AP Financial News:

NEW YORK (AP) — Shares of children's entertainment licensing company 4Kids Entertainment Inc. dropped Monday after the company reported a wider loss in its fourth quarter due to lower licensing revenue and a drop in trading card sales.

NEW YORK (AP) — Shares of AgFeed Industries Inc. soared Monday, after China-based animal feed maker and pork producer said its full-year profit more than doubled thanks to a steep increase in its hog production capacity.

UNDATED (AP) — Charter Communications Inc., the nation's fourth-largest cable operator, said Monday its loss for the fourth quarter widened from a year ago and one of its subsidiaries, CCH II LLC, will not make a debt interest payment in light of a pending bankruptcy filing.

COLORADO SPRINGS, Colo. (AP) — Century Casinos Inc. said Monday that it lost $651,000 in the fourth quarter due to the consumer spending pullback and the stronger dollar.

HOUSTON (AP) — National restaurant, hotel and casino company Landry's Restaurants Inc. said Monday it swung to a profit in the fourth quarter, boosted by a gain from insurance proceeds.

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