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Earnings roundup: Northwest, Loews


Published :
Mon, 29 Oct 2007 19:33
By : Agencies
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(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 This material may not be published, broadcast, rewritten, or redistributed.




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