Among the earnings stories for Tuesday, May 5, from AP Financial News:

NEW YORK (AP) ¿ Weyerhaeuser Co.'s first-quarter loss deepened as a near-dormant housing market knocked down sales of its lumber and wood panels.

NEW YORK (AP) ¿ CVS Caremark Corp. said Tuesday that charges and higher costs outweighed a boost in the drugstore operator's pharmacy sales, pushing first-quarter profit down slightly.

RALEIGH, N.C. (AP) ¿ Martin Marietta Materials Inc. said Tuesday that it posted a first-quarter loss on lower sales of its gravel and other road building materials.

NEW YORK (AP) ¿ Casino operator Wynn Resorts Ltd. reported a wider first-quarter loss than Wall Street expected on Tuesday after opening a new casino resort on the struggling Las Vegas Strip and seeing revenue slip at its property in Macau.

ST. LOUIS (AP) ¿ Archer Daniels Midland Co., a major corn and soybean processor and ethanol maker, said Tuesday its fiscal third-quarter profit tumbled an unexpectedly sharp 98 percent due to a drop in sales along with an unexpected tax payment and a loss on equity investments.

SAN ANTONIO (AP) ¿ Harte-Hanks Inc., a direct marketing and advertising company, on Tuesday reported a 48 percent decline in first-quarter profit after incurring higher-than-expected charges as revenue fell. But earnings beat expectations.

NORTH CANTON, Ohio (AP) ¿ Automated teller machines maker Diebold Inc. reported a sharp decline Tuesday in first-quarter earnings as it recorded a hefty charge related to a proposed settlement with federal regulators. It also plans to cut about 300 jobs, or about 1.7 percent of its work force.

CHICAGO (AP) ¿ Shares of FreightCar America Inc. plunged Tuesday after the railroad freight car maker reported first-quarter profit above analyst estimates, but its revenue widely missed expectations.

BETHESDA, Md. (AP) ¿ DiamondRock Hospitality Co., a real estate investment trust, on Tuesday reported its first-quarter results declined as both occupancy and room rates at its hotels continued to suffer in the economic downturn.

DALLAS (AP) ¿ Oil and gas developer Denbury Resources Inc. posted a first-quarter loss of $18.3 million on Tuesday after making a profit in the year-earlier period.
Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

If you liked this article you might like

What's Behind the Surge in Energy Stocks

What's Behind the Surge in Energy Stocks

Hillary Clinton Says Prosecuting Individuals is Key to Wall Street Reform

Hillary Clinton Says Prosecuting Individuals is Key to Wall Street Reform