(AP) - Among the earnings stories for Monday, Oct. 15, from AP Financial
News:
Top stories:
LOS ANGELES (AP) -- Mattel Inc. on Monday reported a 1 percent drop in
fiscal third-quarter profit, due to the impact of charges, costs and supply
chain delays related to multiple product recalls by the world's biggest toy
maker.
NEW YORK (AP) -- Citigroup Inc.'s report of a 57 percent drop in
third-quarter profit didn't surprise anyone. What did sound some alarms was the
biggest U.S. bank's somber take on current conditions -- suggesting that a
hoped-for industry rebound may not come so easily.
Other stories:
PHOENIX (AP) -- Oral cancer test developer Zila Inc. on Monday reported a
much smaller fiscal fourth-quarter loss due to contributions from its Pro-Dentec
acquisition and sales of ViziLite Plus.
NEW YORK (AP) -- Biotechnology company Enzo Biochem Inc. said Monday that
its fiscal fourth-quarter loss narrowed on a rise in sales at its clinical lab
segment and on new product revenue from its acquisition of Axxora Life Sciences
Inc.
DAYTON, Ohio (AP) -- Industrial-equipment maker Robbins & Myers Inc. said
Monday its fiscal fourth-quarter profit more than doubled on cost-cutting
efforts and a sales increase in its fluid management division.
SAN FRANCISCO (AP) -- Genentech Inc. reported Monday that its third-quarter
profit rose nearly 21 percent from a year ago, beating Wall Street expectations
by a penny, thanks to strong sales of the cancer-fighting drug Avastin.
OMAHA, Neb. (AP) -- Trucking and logistics company Werner Enterprises Inc.
on Monday said its third-quarter profit fell 11 percent, but still beat Wall
Street estimates.
SAN FRANCISCO (AP) -- Charles Schwab Corp.'s third-quarter profit surpassed
analyst expectations as the discount stock brokerage reaped a big gain from the
sale of its wealth management division and harvested more revenue from an
expanding mix of customers.
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