Earnings roundup: J. Crew, Applied Signal

Among the earnings stories for Tuesday, Aug. 26, from AP Financial News:

NEW YORK (AP) -- Apparel retailer J. Crew Group Inc. said Tuesday its second-quarter profit fell 12.2 percent on higher costs related to the company's new direct sales system.

SUNNYVALE, Calif. (AP) -- Applied Signal Technology Inc., which makes signal-processing equipment for military and surveillance applications, said Tuesday its net income doubled in its latest quarter.

MELVILLE, N.Y. (AP) -- Natural and organic food producer The Hain Celestial Group Inc. reported Tuesday that its profit fell 46 percent on charges but sales rose 25 percent in the June quarter.

MERRIMACK, N.H. (AP) -- GT Solar International Inc. on Tuesday said it swung to a profit in its first quarter on soaring sales of its equipment used to generate solar power.

MILWAUKEE (AP) -- Smithfield Foods Inc. swung to a loss in its fiscal first quarter as high commodity costs hurt the nation's largest pork producer and processor. The commodities market is so volatile, its chief executive said, the company doesn't even want to try to predict its future earnings.