Earnings Roundup: Blackstone Group, Foster Wheeler

Among the earnings stories for Wednesday, May 6, from AP Financial News:

NEW YORK (AP) — Private equity firm Blackstone Group says its first-quarter loss narrowed as management and advisory fees increased.

ZUG, Switzerland (AP) — Foster Wheeler AG said its first-quarter profit fell 46 percent as the construction and engineering company's revenue slumped and its results were hurt by unfavorable currency comparisons.

SEATTLE (AP) — Dendreon Corp., a biotechnology company developing a treatment for prostate cancer, reported a smaller first-quarter loss as its expenses fell.

UNDATED (AP) — Canadian drug developer Biovail Corp. said its profit fell 31 percent in the first quarter, as sales of its top products continued to decrease.

FINDLAY, Ohio (AP) — Cooper Tire & Rubber Co. said it lost $21.3 million in the first quarter as consumers bought fewer replacement tires.

LAS VEGAS (AP) — Casino operator Boyd Gaming Corp. posted a first-quarter loss mostly on an impairment charge, but its adjusted results beat Wall Street's expectations.