Earnings Roundup: CareFusion, Cardinal Health

Stock quotes in this article: CAH , CFN , CLR , DTV , FCNCB , MGM , SLE , TIE , TWC , TWX  

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.

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