Among the earnings stories for Thursday, May 1, from AP Financial News:
PHILADELPHIA (AP) -- Promotional offers and higher cable television spending fueled the first-quarter profits of Comcast Corp., which showed limited effects from an economic slowdown.
HOUSTON (AP) -- Exxon Mobil Corp., the world's largest publicly traded oil company, said Thursday that record crude prices helped its first-quarter profit climb 17 percent to $10.9 billion -- the second-biggest U.S. quarterly corporate profit ever.
ROCHESTER, N.Y. (AP) -- Eastman Kodak Co. said Thursday its first-quarter loss narrowed to $115 million as it battles for a bigger slice of digital photography after navigating a drastic, four-year overhaul. The results still missed Wall Street expectations and its stock fell more than 5 percent.
NEW YORK (AP) -- Thomson Reuters Corp., a newly combined provider of business and legal information, forecast revenue growth between 6 percent and 8 percent for the year Thursday, despite turmoil in the U.S. financial sector.
BRAINTREE, Mass. (AP) -- Blood collection and processing systems maker Haemonetics Corp. said Thursday higher costs and fewer gains drove its fiscal 2008 fourth-quarter earnings down 30 percent to miss Wall Street expectations.
NEW YORK (AP) -- Canada-based auto supplier Magna International Inc. said Thursday its first-quarter profit fell 5 percent, on a drop in North American production sales.
