Among the earnings stories for Monday, May 4, from AP Financial News:
HOUSTON (AP) Sysco Corp. said Monday that its fiscal third quarter profit fell 6 percent but met analysts' estimates as it significantly reduced operating expenses. VALENCIA, Calif. (AP) Biotechnology company MannKind Corp. said on Monday it posted a smaller loss in the first quarter as expenses fell. NEW YORK (AP) Estee Lauder on Monday said its fiscal third-quarter profit slid 70 percent due to restructuring charges and weakness in the cosmetics company's travel retail business, as customer traffic in airports waned amid a sagging economy. FAIRFAX, Va. (AP) Brookfield Homes Corp. said Monday that its losses narrowed in the first quarter as the land developer and homebuilder cut back on expenses to contend with sharp decline in revenue resulting from fewer home closings. NEW YORK (AP) Overseas Shipholding Group Inc. said on Monday its first-quarter profit rose 8.3 percent as it benefited from vessel sales.- Loading Comments...
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