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Earnings Roundup: Walgreen, Tiffany

Among the earnings stories for Monday, March 23, from AP Financial News:

NEW YORK (AP) ¿ Drugstore operator Walgreen Co. says its profit fell 7 percent in the fiscal second quarter because of restructuring costs as cash-strapped shoppers cut discretionary purchases even as retail prescriptions grew.

NEW YORK (AP) ¿ Shoppers who were cautious about splurging on high-priced jewelry led Tiffany & Co. to report Monday that fourth-quarter profit tumbled more than 75 percent.

HOUSTON (AP) ¿ Oil and gas company Isramco Inc. said Monday it posted a fourth-quarter profit compared with a loss in the year-ago period.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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