Among the earnings stories for Wednesday, May 7, from AP Financial News:
OKLAHOMA CITY (AP) -- Independent oil and gas producer Gulfport Energy Corp. said Wednesday its first-quarter profit rose 58 percent on higher prices and greater production.
MENTOR, OHIO (AP) -- Sterilization products maker Steris Corp. said Wednesday its fiscal 2008 fourth-quarter earnings fell 12 percent on restructuring charges, but adjusted profit beat Wall Street expectations by a wide margin.
IRVINE, Calif. (AP) -- Health care products company Allergan Inc. on Wednesday said its first-quarter profit more than doubled as sales spiked across its eye-care treatment, Botox skin care and medical devices product lines.
LAKE FOREST, Ill. (AP) -- Drug maker Hospira Inc. said Wednesday it swung to a profit in the first quarter, boosted by strong sales from its injectables business.
AMSTERDAM, Netherlands (AP) -- Akzo Nobel NV, maker of paints and industrial coatings, reported Wednesday its profit fell 52 percent in the first quarter, reflecting costs related to its $17.5 billion acquisition of Britain's ICI chemicals.
RYE BROOK, N.Y. (AP) -- Universal American Financial Corp., which provides health insurance and managed care benefits, swung to a loss in the first quarter, hurt by impairment charges and seasonal weakness in Medicare Part D programs.
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