Among the earnings stories for Tuesday, Feb. 26, from AP Financial News:
Top stories:
ENGLEWOOD, Colo. (AP) -- International cable TV operator Liberty Global Inc. said Tuesday its fourth-quarter net loss widened significantly because of higher interest and taxes and write-downs.
Other stories:
PITTSBURGH (AP) -- H.J. Heinz Co., one of the world's largest food companies, said Tuesday its third-quarter profit edged slightly lower as a steeper tax rate and commodity costs offset sales growth.
SAN DIEGO (AP) -- Health care staffing company AMN Healthcare Services Inc. said Tuesday its fourth-quarter profit fell 10 percent on rising cost pressures and lower demand levels in its nurse staffing business.
MINNEAPOLIS (AP) -- In a slowing economy, the more upscale the retailer, it seems, the more they're struggling.
NEW YORK (AP) -- Overseas Shipholding Group Inc., which owns and operates crude oil tankers, said Tuesday its fourth-quarter earnings sank 81 percent, dragged down by higher fuel costs and weakened vessel rates.
NEW YORK (AP) -- Auction house operator Sotheby's said Tuesday its profit grew 46 percent in the fourth quarter, surpassing analyst expectations due to strong growth in auction commission revenues.
HOUSTON (AP) -- Real estate investment trust Weingarten Realty said Tuesday its fourth-quarter results improved on better performance at both its existing and new shopping center and industrial properties.
SUNNYVALE, Calif. (AP) -- Applied Signal Technology Inc. said Tuesday its profit fell sharply during its fiscal first quarter on lower revenue from new orders as well as higher taxes and stock-compensation expenses.
SUNNYVALE, Calif. (AP) -- Aruba Networks Inc., which makes products for wireless computer networks, said Tuesday its fiscal second-quarter loss narrowed, driven by new customers in its education, healthcare and "high tech" segments.
LAFAYETTE, La. (AP) -- Oil and natural gas producer Stone Energy Corp. said Tuesday it swung to a fourth-quarter profit because of increased sales and a large charge last year.
DALLAS (AP) -- Electronics retailer RadioShack Corp. said Tuesday that its fourth-quarter earnings rose 20 percent as the company slashed overhead costs, but its crucial wireless phone business continued to sink.
NEW YORK (AP) -- Sirius Satellite Radio Inc. reported a narrower loss Tuesday, even as it remained unclear when regulators might take action on its plans to combine with rival XM Satellite Radio Holdings Inc.
ATLANTA (AP) -- Hobbled by the housing slump and a loss of market share, The Home Depot Inc. posted its first ever annual sales decline Tuesday and released a 2008 outlook that is more gloomy than that of its chief rival, Lowe's.
NEW YORK (AP) -- CBS Corp. came through a writers' strike relatively unscathed but issued a mild outlook for profit growth in 2008.
HOUSTON (AP) -- KBR Inc. reported Tuesday its fourth-quarter profit rose 65 percent on the sale of one of its businesses, but its top executive said a growing backlog suggests 2008 will be a good year.
LOS ANGELES (AP) -- Herbalife Ltd., which sells nutritional supplements and weight loss products, said Tuesday its fourth-quarter profit jumped 29 percent, led by double-digit sales growth in the U.S., Taiwan and Italy.
SAN RAFAEL, Calif. (AP) -- Design software maker Autodesk Inc. said Tuesday its fourth-quarter profit was relatively flat year-over-year, due to lower-than-expected North American sales and one-time charges.
WEST PALM BEACH, Fla. (AP) -- Office Depot Inc., the nation's second biggest office-supply chain, said Tuesday its fourth-quarter profit slid 85 percent as sales slumped in Florida and California due in large part to the weak housing market.
ROCKVILLE, Md. (AP) -- Pharmacy benefits manager HealthExtras Inc. said Tuesday its fourth-quarter profit rose 3 percent on a jump in new business in Maryland and Ohio and with several employers.
DENVER (AP) -- Dish Network Corp., the nation's No. 2 satellite television provider, reported a disappointing fourth-quarter profit on Tuesday as subscriber growth slowed amid tough competition and a sluggish economy.
CINCINNATI (AP) -- Macy's said its profit edged up 2.3 percent in the fourth quarter as a tax settlement helped offset weaker-than-expected sales.
NOVATO, Calif. (AP) -- Biotechnology company BioMarin Pharmaceutical Inc. said Tuesday it swung to a fourth-quarter profit on higher product sales and collaboration revenue.
ATLANTA (AP) -- Carter's Inc., which makes clothes for babies and young children -- including OshKosh apparel -- said Tuesday fourth-quarter net income rose 4 percent, but missed expectations, hurt by higher-than-expected markdowns in its wholesale sector.
SAN FRANCISCO (AP) -- Mineral-based cosmetics maker Bare Escentuals Inc. said Tuesday its fourth-quarter earnings soared 65 percent, driven by higher wholesale revenue and lower costs from interest and the paying down of debt.
LOS ANGELES (AP) -- DreamWorks Animation SKG Inc. said Tuesday it swung to a profit in the fourth quarter, as revenues rose 42 percent from a year earlier led by the blockbuster performance of "Shrek the Third."
SOUTH PASADENA, Calif. (AP) -- Biometric identification company Cogent Systems Inc. said Tuesday that its fourth-quarter profit fell as product revenue declined.
MADRID, Spain -- Spain's Grupo Ferrovial SA on Tuesday said its net profit for 2007 dropped 49 percent, hit by higher servicing costs on its 30 billion euro ($44.45 billion) debt.
DALLAS (AP) -- Shares of hospital operator Tenet Healthcare Corp. rose sharply Tuesday after the company said its fourth-quarter loss was much smaller than a year ago and posted its first increase in patient admissions in nearly four years. Tenet also said it is collecting more money per admitted patient.
ENID, Okla. (AP) -- Oil and natural-gas producer Continental Resources Inc. said Tuesday its fourth-quarter profit rose 25 percent on higher average oil and natural-gas prices.
HOPKINTON, Mass. (AP) -- Caliper Life Sciences Inc., which makes software used for drug development, said Tuesday its fourth-quarter loss narrowed on higher sales of the IVIS imaging system and microfluids products.
PORTLAND, Ore. (AP) -- Utility company Portland General Electric Co. on Tuesday said its fourth-quarter profit fell 40 percent as purchased power and fuel expenses rose and the company booked fewer gains.
