Among the earnings stories for Thursday, May 1, from AP Financial News:
Top stories:
SAN JOSE, Calif. (AP) -- Sun Microsystems Inc. swung to a loss in the fiscal third quarter, surprising investors who were expecting a healthy profit from the server and software maker despite a weakening U.S. economy.
Other stories:
NEW YORK (AP) -- Bankrate Inc.'s profit leaped 26 percent in the first quarter as more consumers visited the company's financial information Web sites, the company said.
LAS VEGAS (AP) -- Casino operator Wynn Resorts Ltd. reported Thursday that first-quarter profit fell 20 percent on an increase in operating costs, but said revenue rose thanks primarily to business at its resort in Macau.
BRISBANE, Calif. (AP) -- Apparel retailer Bebe Stores Inc. said Thursday its third-quarter profit dropped 35 percent due partly to lower sales at stores open at least a year.
SAN FRANCISCO (AP) -- Mineral-based cosmetics maker Bare Escentuals Inc. said Thursday its first-quarter profit rose 27 percent on strong sales growth and reaffirmed its outlook for the full year.
SAN JOSE, Calif. (AP) -- Microchip design software company Magma Design Automation Inc. said Thursday its fiscal fourth-quarter loss narrowed 70.6 percent as expenses fell, beating analyst estimates.
