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Among the earnings stories for Thursday, May 7, from AP Financial News:
HOUSTON (AP) — Dynegy said Thursday that its first-quarter loss more than doubled from a year ago as tumbling stock and power prices forced the company to write down its own market value. Dynegy also cut 2009 guidance for the third time.
MILWAUKEE (AP) — Food maker Sara Lee Corp. said Thursday that its fiscal third-quarter profit fell 22 percent as softness in its North American foodservice division and the stronger dollar pushed sales lower. Still, adjusted results beat Wall Street expectations. ...
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