Among the earnings stories for Thursday, Nov. 5, from AP Financial News:
SAN DIEGO (AP) Medical technology company CareFusion Corp. said its profit slid 28 percent in the fiscal first quarter compared with a year ago because of businesses that were not included in its spinoff from Cardinal Health. DUBLIN, Ohio (AP) Drug distributor Cardinal Health Inc. said it took a loss in its fiscal first quarter due to expenses from the spinoff of a former business, medical technology company CareFusion Corp. ENID, Okla. (AP) Continental Resources Inc. said its quarterly profit tumbled 67 percent, driven by sharply lower crude oil and natural gas prices compared with the prior-year period. UNDATED (AP) Satellite TV operator DirecTV Group Inc. was one of the few pay-TV companies to gain subscribers in the third quarter, though earnings stayed steady because of the higher costs it incurred attracting and serving those new customers. DALLAS (AP) Titanium Metals Corp., the largest U.S. titanium producer, said its third-quarter profit plunged on lower shipments to commercial aircraft builders and weaker selling prices amid competitive pressures.- Loading Comments...
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