Innovation Update

Earnings Roundup: Hanesbrands, Fidelity National

Stock quotes in this article: BWP , FNF , HBI , OMC , PCL , SII , TKR  

Among the earnings stories for Monday, April 27, from AP Financial News:

Top stories:

WINSTON-SALEM, N.C. (AP) — Hanesbrands Inc. said Monday lower consumer spending and restructuring costs led to a loss in its first quarter.

Other stories:

JACKSONVILLE, Fla. (AP) — Title insurance provider Fidelity National Financial Inc. said Monday it posted a loss for its first quarter, hurt by a slow start in its title business and higher expenses.

SEATTLE (AP) — Real estate investment trust Plum Creek Timber Co. said Monday its first-quarter profit grew fourfold, boosted by higher real estate revenue.

HOUSTON (AP) — Boardwalk Pipeline Partners LP on Monday said its first-quarter profit fell 41 percent due to higher expenses related to expansion projects and increased operation, maintenance and interest expenses.

HOUSTON (AP) — Oilfield services company Smith International Inc. on Monday said its first-quarter profit fell 45 percent, driven by a sharp decline in drilling activity amid the global economic downturn.

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