Among the earnings stories for Tuesday, May 6, from AP Financial News:
LOUISVILLE, Ky. (AP) -- Churchill Downs Inc., which operates the home of the Kentucky Derby and other racetracks, said Tuesday it swung to a profit in its first quarter mainly due to a big gain for insurance recoveries.
SEATTLE (AP) -- Biotechnology company ZymoGenetics Inc. said Tuesday its first-quarter loss widened on higher sales and marketing costs for its blood-clotting drug Recothrom Thrombin.
ANAHEIM, Calif. (AP) -- Electronics components manufacturer Multi-Fineline Electronix Inc. said Tuesday its fiscal second-quarter profit more than tripled due to higher sales to three of its key customers, beating analyst estimates.
DALLAS (AP) -- Exco Resources Inc.'s first-quarter loss widened on a hefty derivatives loss, but profit on an adjusted basis beat expectations on higher oil and gas revenue, the company said Tuesday.
AGOURA HILLS, Calif. (AP) -- Video game publisher THQ Inc. said Tuesday it swung to a loss in its fiscal fourth quarter, hurt by weaker-than-expected sales of some of its older titles, which led to higher amortization expenses.
STAMFORD, Conn. (AP) -- Mail and document-management company Pitney Bowes Inc. said Tuesday its first-quarter profit fell on a mix of restructuring charges and a tax adjustment.
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