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Earnings roundup: Assured Guaranty, Sun-Times Media Group

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May 8, 2008

Among the earnings stories for Thursday, May 8, from AP Financial News:

NEW YORK (AP) -- Assured Guaranty Ltd. swung to a first-quarter loss on higher reserves for bad mortgages and unrealized investment losses.

CHICAGO (AP) -- Sun-Times Media Group Inc. said Wednesday it had a dramatically wider first-quarter net loss of $35.8 million on continued steep declines in advertising revenue and circulation.

DENVER (AP) -- Liberty Media Corp.'s first-quarter revenue rose in all three of its business units, which include QVC and Starz television channels and a stake in DirecTV, the company said Thursday.

HOUSTON (AP) -- Offshore oilfield service provider Atwood Oceanics Inc. said Thursday its fiscal second-quarter profit rose 32 percent on a 20 percent jump in revenue.

NEW YORK (AP) -- Video game publisher Activision Inc.'s fiscal fourth quarter was exceptional, with sales of "Guitar Hero III" and "Call of Duty 4" pushing profit and revenue well above guidance and analyst estimates.

SAN DIEGO (AP) -- Shares of health care staffing company AMN Healthcare Services Inc. rose Thursday after posting first-quarter profit that beat Wall Street projections.

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