Earnings Roundup: Fortress Investment Group, PG&E

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

NEW YORK (AP) — Alternative asset manager Fortress Investment Group LLC said that its first-quarter loss widened on $35 million of investment losses and charge for a balance sheet impairment.

SAN FRANCISCO (AP) — Energy company PG&E Corp. reported that first-quarter profit available for common shareholders rose 7.6 percent to $241 million, compared with $224 million a year ago, despite a drop in revenue.

NEW YORK (AP) — Shares of drug developer Allos Therapeutics Inc. fell after the company reported a wider-than-expected first-quarter loss and raised its spending outlook for development programs.

COLORADO SPRINGS, Colo. (AP) — Medical device maker Spectranetics Corp. said its first-quarter loss widened on higher costs.

NEW YORK (AP) — Plantronics Inc. shares spiked after the headset maker blew past Wall Street expectations for its fiscal fourth-quarter earnings and sales.

NEW YORK (AP) — Shares of Rehabcare Group Inc. climbed after the rehabilitation program provider posted a greater-than-expected profit in the first quarter, with strong results from its nursing physical therapy services division.