Among the earnings stories for Monday, May 11, from AP Financial News:
ENGLEWOOD, Colo. (AP) Dish Network Corp., the nation's second-largest satellite TV provider, said that its first-quarter profit rose 21 percent as revenue climbed partly on equipment sales. NORWALK, Conn. (AP) Priceline.com Inc. said that its profit surged 81 percent in the first quarter on improved gross travel bookings. HOUSTON (AP) Energy provider RRI Energy Inc. posted a first-quarter loss, driven by lower commodity prices, and predicted a 42 percent decrease in its full-year earnings before interest, taxes, depreciation and amortization. SAN ANTONIO (AP) Clear Channel Outdoor Holdings Inc. posted a first-quarter loss, hit by an advertising downturn and foreign currency swings that wiped out a quarter of the company's revenue. BATESVILLE, Ind. (AP) Hillenbrand Inc., which provides caskets and other products to the funeral industry, said its second-quarter profit rose 19 percent from a year-ago period weighed down by costs related to the spin-off of a medical technology business.- Loading Comments...
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