Among the earnings stories for Tuesday, April 28, from AP Financial News:
SAN FRANCISCO (AP) Sun Microsystems Inc.'s loss ballooned in the latest quarter as restructuring charges and a 20 percent drop in sales compounded the financial woes Oracle Corp. is set to inherit by acquiring Sun for $7.4 billion. LOS ANGELES (AP) Movie studio DreamWorks Animation SKG Inc. said Tuesday its first-quarter profit more than doubled because of strong sales from the home video and international release of "Madagascar: Escape 2 Africa." MINNEAPOLIS (AP) Bar and chicken wing chain Buffalo Wild Wings Inc. said Wednesday its first-quarter profit jumped 30 percent on strong sales at established locations to top Wall Street expectations. ATLANTA (AP) Internet service provider EarthLink Inc. said Tuesday its first-quarter profit dropped 37 percent as the number of subscribers slid by nearly a million. NORWALK, Conn. (AP) Shares of Emcor Group Inc. jumped Tuesday after the mechanical and electrical construction services provider posted solid results for the first quarter. MINNEAPOLIS (AP) Bankruptcy expenses drove Frontier Airlines Holdings Inc. to a fourth-quarter loss of almost $161 million, but it reported an operating profit as it continues to look for an investor to take it out of Chapter 11.- Loading Comments...
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