Earnings Roundup: Smithfield Foods, Argan

Among the earnings stories for Tuesday, Sept. 8, from AP Financial News:

MILWAUKEE (AP) ¿ The nation's largest pork producer, Smithfield Foods Inc., said it posted a bigger first-quarter loss as one-time charges and lower domestic hog prices hurt results, despite curtailed production.

ROCKVILLE, Md. (AP) ¿ Argan Inc., which designs and builds energy plants, said its fiscal second-quarter net income more than tripled as falling costs offset a decline in revenue.

VAN NUYS, Calif. (AP) ¿ Clothing retailer Cherokee Inc. said that its second-quarter profit fell 29 percent as sales dropped sharply.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from Technology

Tesla's Supercharger Network Is Booming -- Here's Why That's a Concern

Tesla's Supercharger Network Is Booming -- Here's Why That's a Concern

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Attention 60 Minutes: Google Isn't the Only Big-Tech Monopoly

Tesla CEO Elon Musk Is a Rock Star: Kiss Icon Gene Simmons

Tesla CEO Elon Musk Is a Rock Star: Kiss Icon Gene Simmons

Listen: Should You Buy Cisco Now?

Listen: Should You Buy Cisco Now?

Apple Buys Tesla? Amazon Buys Sears? 3 Dream Mergers That Just Make Sense

Apple Buys Tesla? Amazon Buys Sears? 3 Dream Mergers That Just Make Sense