Earnings roundup: Morton's, StatoilHydro

Date : 10/29/2007 @ 11:03AM
Source : TFN
Stock : Kaydon Corp (KDN)
Quote : 29.09  1.62 (5.90%) @ 6:51PM
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Earnings roundup: Morton's, StatoilHydro

        (AP) - Among the earnings stories for Monday, Oct. 29, from AP Financial
News:
    CHICAGO (AP) -- Steakhouse operator Morton's Restaurant Group Inc. said
Monday it reported a wider loss in its third quarter due to a boost in operating
costs and hefty expenses caused by delays in opening new restaurants.
    OSLO, Norway (AP) -- State-controlled oil company StatoilHydro ASA on Monday
reported a 26 percent rise in third-quarter net profit, due mainly to financial
gains on currency exchanges.
    HOUSTON (AP) -- Natural-gas transmission and storage company Boardwalk
Pipeline Partners LP said Monday its third-quarter earnings rose 31 percent on
gains from asset sales.
    ANN ARBOR, Mich. (AP) -- Industrial products maker Kaydon Corp. said Monday
third-quarter profit fell 2 percent as expenses rose from a wind-energy project
and the relocation of one of its units.
    FORT WORTH, Texas (AP) -- RadioShack Corp. said Monday it swung to a
third-quarter profit on lower operating expenses, improved inventory management
and a better product mix.
    
Copyright 2007 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
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