Among the earnings stories for Friday, Oct. 30, from AP Financial News:
The Washington Post Co. increased its net income 69 percent in the third quarter, as the company cut costs to narrow losses at its newspapers and kept reaping profit from its cable TV and education divisions. Lower costs helped A.H. Belo Corp., publisher of The Dallas Morning News, narrow its quarterly loss even as advertising revenue fell sharply. Shares of comScore Inc. retreated a day after the Internet data analysis provider posted third-quarter sales slightly below Wall Street's expectations, hurt by weakness in the advertising market. Insurance broker Aon Corp. posted a higher third-quarter profit but missed Wall Street expectations as its income from investments tumbled 69 percent. Energy utility Ameren Corp. said its third-quarter profit rose as cost cuts and utility rate adjustments helped offset a 12 percent drop in revenue due to diminished demand. Regional energy provider OGE Energy Corp. said its profit fell 2 percent in the third quarter as sales dropped. Apartment Investment & Management Co. said its third-quarter funds from operations declined as rents and occupancy fell. MoneyGram International Inc. said its third-quarter loss narrowed as sales rose.- Loading Comments...
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