Earnings Roundup: AIG, Live Nation

Among the earnings stories for Thursday, May 7, from AP Financial News:

NEW YORK (AP) — Battered insurer American International Group Inc. said Thursday its first-quarter loss narrowed, and was sharply lower than the record-setting loss it posted a quarter ago.

NEW YORK (AP) — Live Nation, the largest U.S. operator of concert venues, said Thursday that its first-quarter loss widened in part because fewer people attended concerts in its core North America market.

SANTA CLARA, Calif. (AP) — Graphics chip maker Nvidia Corp. said Thursday a 42 percent plunge in revenue and a hefty compensation charge resulted in a fiscal 2010 first-quarter loss.

SAN FRANCISCO (AP) — KKR Financial Holdings LLC, an investment fund operated by private equity fund Kohlberg Kravis Roberts & Co., reported Thursday that it lost $13 million in the first quarter, compared with a year-ago profit of $14 million.

BRISBANE, Calif. (AP) — Bebe Stores Inc. on Thursday said it posted a loss in its fiscal third-quarter on a continuing decline in sales.