(AP) - Among the earnings stories for Thursday, Jan. 31, from AP Financial
News:
Top stories:
CHARLOTTE, N.C. (AP) -- Hanesbrands Inc., the maker of Hanes Brand underwear
and the Wonderbra, said Thursday its profit more than doubled in its fourth
quarter as a result of increased sales and cost-reduction efforts.
ATLANTA (AP) -- Consumer products maker Newell Rubbermaid Inc. reported
Thursday a 3.1 percent rise in fourth-quarter profit on essentially flat sales.
Other stories:
PITTSBURGH (AP) -- L.B. Foster Co., which makes rail and construction
products, said Thursday its fourth-quarter earnings skyrocketed, primarily due
to a huge gain from the sale of a railroad stake.
ALLENTOWN, Pa. (AP) -- Utility company PPL Corp. said Thursday its
fourth-quarter profit more than doubled because of a large gain from an asset
sale, higher margins from its energy-supply business and lower taxes.
NEW YORK (AP) -- Defense contractor L-3 Communications Holdings Inc. said
Thursday fourth-quarter earnings rose more than 19 percent, as sales grew in
several units, including government services and specialized products.
NEW YORK (AP) -- Investment Technology Group Inc.'s profit rose 36 percent
in the fourth quarter as more investors, especially outside the U.S., flocked to
the brokerage's trading services, the company said Thursday.
NEW YORK (AP) -- Bristol-Myers Squibb Co. said Thursday it narrowed its loss
in the fourth quarter from a year ago, which was hurt by generic competition for
its best-selling drug Plavix.
ALPHARETTA, Ga. (AP) -- Schweitzer-Maudit International Inc., which makes
paper used to roll cigarettes, said Thursday it swung to a fourth-quarter
profit, helped by a weaker dollar and higher demand for its reconstituted
tobacco-leaf products.
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