Among the earnings stories for Wednesday, May 7, from AP Financial News:
CUPERTINO, Calif. (AP) -- Pharmaceutical company Durect Corp. said Wednesday its loss narrowed in the first quarter, helped by lower costs and a rise in revenue from research and development partnerships.
SAN DIEGO (AP) -- Arena Pharmaceuticals Inc. said Wednesday its first-quarter loss widened on an increase in research and development costs and general and administrative expenses.
ATLANTA (AP) -- Internap Network Services Corp., which manages data centers and routes Internet traffic, said Wednesday that it swung to a first-quarter profit with rising data-center service revenue and lower operating costs and expenses.
LOS ANGELES (AP) -- PeopleSupport Inc., a business process outsourcing company, said Wednesday it swung to a loss in its first quarter due to a big charge related to foreign currency contract settlements.
NEW YORK (AP) -- Yamana Gold Inc. said Wednesday its first-quarter profit more than doubled on higher production and higher prices.
AUSTIN, Texas (AP) -- Golfsmith International Holdings Inc., which sells golf gear and operates a golf school, on Wednesday posted a deeper loss in the first quarter, as golfers played fewer rounds amid the economic slowdown.
