Earnings Roundup: Blyth, FuelCell Energy

Among the earnings stories for Tuesday, June 9, from AP Financial News:

NEW YORK (AP) — Shares of Blyth Inc., maker of home fragrance products, tumbled as analysts worried about continued weakness in the company's wholesale business and its candle-selling unit.

DANBURY, Conn. (AP) — FuelCell Energy Inc., which makes fuel cells for electric power generation, said it narrowed its fiscal second-quarter loss by 23 percent, better than analysts expected, as revenue fell by nearly 28 percent.

LOS ANGELES (AP) — Korn/Ferry International reported a fiscal fourth-quarter loss as revenue fell along with demand for the staffing-company's services and charges cut into profit.

NEW YORK (AP) — Online gaming and software company GigaMedia Ltd. reported a 60 percent drop in first-quarter profit, citing the impact of a global recession and the weakness of the euro against the U.S. dollar.

DAYTON, Ohio (AP) — Rex Stores Corp., which runs a chain of consumer electronics stores and invests in alternative energy, said it moved to a fiscal first-quarter loss on weakening results from its alternative energy division.

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