Earnings roundup: Northwest, Loews |
|
|
|
Published
:
Mon, 29 Oct 2007 19:33 |
(AP) - Among the earnings stories for Monday, Oct. 29, from AP Financial News:MINNEAPOLIS (AP) -- Northwest Airlines Corp. on Monday said it swung to a profit in the third quarter as it kept fuel and other costs under control and moved on from its bankruptcy restructuring.NEW YORK (AP) -- Loews Corp., which runs hotels, a cigarette company and other companies, said Monday its third-quarter net income fell 13 percent due to a struggles at its 89-percent owned subsidiary CNA Financial Corp.GRAND RAPIDS, Mich. (AP) -- Kellogg Co. reported Monday its third-quarter earnings rose 9 percent, but warned 2008 profits will miss Wall Street estimates due in part to rising costs for corn and other ingredients that go into its cereals.FORT WORTH, Texas (AP) -- RadioShack Corp. said Monday that it swung to a third-quarter profit, overcoming lower revenue by cutting costs and selling more high-margin items.SAN DIEGO (AP) -- DJO Inc.'s profit surged 52 percent in the third quarter as the medical products maker expanded distribution of healing devices used after spinal surgery, the company said Monday.LOS ANGELES (AP) -- Aircraft parts maker Ducommun Inc. said Monday its third-quarter profit climbed 42 percent on a jump in commercial sales.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
|
|
|
|
|
|