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Earnings Roundup: Pulte Homes, Ameristar Casinos

Among the earnings stories for Wednesday, Nov. 4, from AP Financial News:

Pulte Homes Inc. lost $361.4 million in the third quarter, but with the acquisition of Centex Corp., the homebuilder's new orders increased by more than a third.

Ameristar Casinos Inc. said its profit edged up in the third quarter, helped by lower operating expenses, a lower tax rate and an uptick in room revenue.

Shares of Mueller Water Products Inc. jumped after the maker of fire hydrants and municipal water valves posted better-than-expected fiscal fourth-quarter results on cost controls and higher production.

R.R. Donnelley & Sons. Co. said its third-quarter profit fell 92 percent, weighed down by charges related to the loss of a big customer.

XTO Energy Inc. said its third-quarter earnings fell 4 percent, but the oil and natural gas producer raised its full-year production outlook.

Biotechnology company Affymax Inc. said its third-quarter loss narrowed on a boost in payments from its partner Takeda Pharmaceutical on the anemia drug candidate Hematide.

Tyco Electronics Ltd. said its fiscal fourth-quarter profit fell more than 50 percent, though its adjusted earnings beat Wall Street estimates. Shares surged in morning trading.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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