Earnings roundup: Amdocs, Kraft Foods |
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Published
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Wed, 31 Oct 2007 23:59
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(AP) - Among the earnings stories for Wednesday, Oct. 31, from AP Financial News:ST. LOUIS (AP) -- Amdocs Ltd., a provider of operations software to telecommunications companies, said Wednesday fiscal-fourth quarter earnings rose 26 percent as service revenue rose sharply.CHICAGO (AP) -- Kraft Foods Inc. said Wednesday that soaring dairy prices weighed down its third quarter profit, which fell 20 percent from year-ago results that included a one-time gain.NIWOT, Colo. (AP) -- Footwear maker Crocs Inc. said Wednesday its third-quarter profit more than doubled, helped by strong global demand.NEW YORK (AP) -- IAC, the Internet conglomerate controlled by media mogul Barry Diller, said on Wednesday that third-quarter profit fell 4.2 percent but investors were reassured by signs that its key home shopping network business has begun to turn around.SAN FRANCISCO (AP) -- Bare Escentuals Inc., which makes mineral-based cosmetics, said Wednesday third-quarter profit more than doubled, helped by a jump in wholesale revenue and a drop in interest expense.SEATTLE (AP) -- Weyerhaeuser Co., one of the world's largest lumber and packaging producers, said Wednesday its third-quarter profit dropped 55 percent as weakness in the housing construction market hurt its wood products and real estate businesses.Coal mine operator Alpha Natural Resources said Wednesday its net income declined more than 38 percent in the third quarter despite higher revenue from growing sales of metallurgical-grade coal.LOS ALTOS, Calif (AP) -- Memory chip interface designer Rambus Inc. posted a narrower third-quarter net loss Wednesday as costs declined, but revenue fell in what the company called a have ry challenging' period.BURLINGTON, Mass. (AP) -- Business management software company Click Software Ltd. said Wednesday third-quarter profit fell 12 percent as costs climbed.Copyright 2007 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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Kraft to sell Fruit2o and VeryFine to Sunny Delight Co; terms not disclosed 