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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