Among the earnings stories for Tuesday, Aug. 11, from AP Financial News: ORLANDO, Fla. (AP) ¿ Heavy machinery maker Gencor Industries Inc. reported a third-quarter loss on Tuesday as the roadbuilding industry suffers in the recession. NEW YORK (AP) ¿ Harbin Electric Inc. said Tuesday that it moved to a second-quarter loss mostly due to a hefty charge, but adjusted results topped analysts' estimates. NEW YORK (AP) ¿ Shares of Canadian drug developer Cardiome Pharma Corp. said Tuesday it posted a narrower loss in the second quarter on a payment from drug development partner Merck & Co. NEW YORK (AP) ¿ Shares of Matrixx Initiatives Inc., which makes over-the-counter health care products, fell Tuesday, after the company reported wider fiscal first-quarter loss because of hefty charges for its recalled nasal cold remedies. LADSON, S.C. (AP) ¿ Force Protection Inc. shares plunged Tuesday after the maker of military vehicles reported a sharply lower second-quarter profit on a decline in revenue.
VANCOUVER, Wash. (AP) ¿ Nautilus Inc., which owns fitness equipment brands StairMaster and Bowflex, said Tuesday it posted a bigger second-quarter loss because of weak sales and restructuring costs. INDIANAPOLIS (AP) ¿ Steak n Shake Co. said it moved to a fiscal third-quarter profit in the absence of a hefty impairment charge, and beat Wall Street's expectations. SAN DIEGO (AP) ¿ Bridgepoint Education Inc. said Tuesday its second-quarter profit plunged 85 percent, but excluding charges, the provider of online education widely beat Wall Street estimates. NEW YORK (AP) ¿ Boutique hotel operator Morgans Hotel Group Co. said that its second-quarter loss widened as the recession continued to prompt consumers to pull back on their spending, but the results managed to surpass analysts' estimates. NEW YORK (AP) ¿ Canadian biopharmaceutical company AEterna Zentaris Inc. said Tuesday its second-quarter loss narrowed on a sharp drop in costs for research and development. CAMBRIDGE, Mass. (AP) ¿ Drug developer Javelin Pharmaceuticals Inc. said Tuesday its second-quarter loss narrowed on lower expenses.