(AP) - Among the earnings stories for Monday, April 21, from AP Financial
News:
WILMINGTON, Del. (AP) -- Paint thickener and paper chemicals maker Hercules
Inc. reported sharply lower first-quarter profit on Monday, compared with
year-ago results boosted by a hefty gain on the settlement of an IRS audit.
HOUSTON (AP) -- Increasing its global presence is paying off for oilfield
services provider Halliburton Co., whose first-quarter income rose nearly 6
percent on growing business in the Middle East, Asia and Latin America, the
company said Monday.
RALEIGH, N.C. (AP) -- Underwear maker Hanesbrands says profits tripled in
the first quarter, as cost-cutting helped offset meager sales with consumers
cutting back on spending.
SUNNYVALE, Calif. (AP) -- Zoran Corp., which makes chips for DVD players and
multimedia systems, said Monday that its first-quarter loss narrowed as hardware
product revenue rose.
SOUTH SAN FRANCISCO, Calif. (AP) -- Biotechnology company Theravance Inc.
said Monday it will cut 40 percent of its work force now that development of its
antibiotic telavancin is complete.
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