Among the earnings stories for Thursday, Oct. 29, from AP Financial News:
RICHMOND, Va. (AP) AutoNation Inc., the nation's largest automotive retailer, said it made money in the third quarter as lower costs and a boost from the Cash for Clunkers program helped it recover from a loss in the year-ago period. HOUSTON (AP) Engineering and construction company KBR Inc. said its third-quarter profit fell 14 percent as revenue declined in its biggest business, government and infrastructure, and in its military work in Iraq as the U.S. has fewer projects there. NEW YORK (AP) Revlon Inc. posted a lower third-quarter profit as sales slowed, but Chief Executive Alan T. Ennis said that the cosmetics company continues to save from cost-cutting. TULSA, Okla. (AP) Williams Partners LP, which processes and stores natural gas, said its third-quarter profit declined 8 percent on sharply lower natural gas liquid prices. NEW YORK (AP) Hair care company Regis Corp. said its fiscal first-quarter profit fell 46 percent, hurt by costs related to closing U.K. stores.- Loading Comments...
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