Earnings Roundup: D.R. Horton, Tyson

Among the earnings stories late Monday, May 4, from AP Financial News:

D.R. Horton Inc. says it narrowed its losses in the most recent quarter as the homebuilder dramatically decreased the charges it had to take on falling land values and unsold homes.

MILWAUKEE (AP) — Tyson Foods Inc. said Monday it lost more than expected in its fiscal second quarter because of declining beef sales and one-time costs, while the world's largest meat maker noted that it expects a drop in demand for pork amid worries about swine flu to be short-lived.

SAN FRANCISCO (AP) — Drug distributor McKesson Corp. on Monday posted an 8 percent drop in fiscal fourth-quarter profit after the company wrote down the value of an investment and reported flat sales which missed Wall Street's expectations.

HOUSTON (AP) — Human resources service provider Administaff Inc. on Monday reported a 38 percent drop first-quarter earnings, due to a decline in worksite employees.