Earnings roundup: Berkshire, Scripps

Date : 02/29/2008 @ 7:00PM
Source : TFN
Stock : Morton's Restaurant Group (MRT)
Quote : 5.92  -0.09 (-1.50%) @ 4:37PM
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Earnings roundup: Berkshire, Scripps

        (AP) - Among the earnings stories for Friday, Feb. 29, from AP Financial
News:
    Top stories:
    OMAHA, Neb. (AP) -- Berkshire Hathaway Inc. says its fourth-quarter profit
fell almost 18 percent as its companies linked to construction were hurt by
nationwide housing woes.
    Other stories:
    CINCINNATI (AP) -- Media company E.W. Scripps Co. said Friday it swung to a
fourth-quarter loss on a hefty charge related to its online search and
comparison-shopping site, uSwitch.
    MT. LAUREL, N.J. (AP) -- PHH Corp. said late Thursday its profit climbed in
the fourth quarter as it recorded lower expenses.
    HOUSTON (AP) -- Oil and gas company Rosetta Resources Inc. said Friday its
fourth-quarter profit surged 33 percent on a jump in production.
    NEW YORK (AP) -- Shares of steakhouse Morton's Restaurant Group Inc. climbed
Friday as a planned $6 million stock repurchase helped investors look past
disappointing fourth-quarter results and a weaker-than-expected outlook.
    
Copyright 2007 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
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