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Earnings roundup: Bertelsmann, Nasdaq

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May 8, 2008

Among the earnings stories for Thursday, May 8, from AP Financial News:

FRANKFURT, Germany (AP) -- Bertelsmann AG, the owner of book publisher Random House, said Thursday that its first-quarter net loss narrowed significantly -- but the higher euro and a drop in sales at its book and music clubs crimped revenue.

NEW YORK (AP) -- Nasdaq OMX Group said Thursday that its quarterly profit surged in its first combined reporting period that included Sweden's OMX stock exchange.

NEW YORK (AP) -- Shares of Central Garden & Pet Co. spiked Thursday after the company posted fiscal second-quarter income that fell only slightly -- despite the turbulent economy -- and beat Wall Street's estimates.

MIAMISBURG, Ohio (AP) -- Database manager Teradata Corp. said Thursday that its first-quarter profit declined as its gross margin fell on lower product volume in the Americas region and expenses rose.

CINCINNATI (AP) -- Air pollution control and industrial ventilation systems maker CECO Environmental Corp. said Thursday it swung to a first-quarter loss due to unbudgeted costs, sending shares down.

ALBUQUERQUE, N.M. (AP) -- Communications chip maker Emcore Corp. said late Wednesday its fiscal second-quarter net loss widened, hurt by higher expenses and charges, but the company's revenue forecast surpassed Wall Street's expectations.

NEW YORK (AP) -- Shares of Conseco Inc. tumbled Thursday morning, a day after the insurer said it lost money during the first quarter, missing analysts expectations.

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