Earnings Roundup: Garmin, Marsh & McLennan

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

KANSAS CITY, Mo. (AP) — Navigational device maker Garmin Ltd. said its first-quarter profit fell 67 percent, missing Wall Street expectations as the company dealt with slower consumer spending.

NEW YORK (AP) — Marsh & McLennan Cos. said it returned to profitability in the first quarter, bouncing back from a loss a year ago when it absorbed a big write-down.

IRVING, Texas (AP) — Brink's Home Security Holdings Inc. said that its first-quarter profit rose 19 percent mostly on lower royalty expense as revenue improved on subscriber growth and increased average monitoring rates.

CHICAGO (AP) — Wireless carrier United States Cellular Corp. posted a 20 percent jump in first-quarter profit, topping analysts' predictions, as it added customers and service revenue increased.

NEW YORK (AP) — Shares of Genomic Health Inc. fell, despite the company's better-than-expected first-quarter results as revenue from its Oncotype DX breast cancer test jumped.

WOODCLIFF LAKE, N.J. (AP) — Par Pharmaceutical Cos. said its profit jumped in the first quarter as its sales improved and one-time costs came off its books.

Offshore drilling contractor Transocean Ltd. said its first-quarter profit slid 18 percent, driven by one-time charges, including a $221 write-down on rigs held for sale.