Earnings Roundup: AMR, Piper Jaffray
Among the earnings stories for Wednesday, April 15, from AP Financial News:
DALLAS (AP) — American Airlines parent AMR Corp. says it lost $375 million in the first quarter as people flew less during the recession than they did a year ago, wiping out the benefit of cheaper fuel. MINNEAPOLIS (AP) — Investment bank Piper Jaffray Cos. said Wednesday that its first-quarter loss widened, but results were better than analysts had forecast. MAYFIELD VILLAGE, Ohio (AP) — Progressive Corp. said Wednesday its first-quarter profit fell 3 percent as the auto insurer was hurt by investment losses during the month of March.- Loading Comments...
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