(AP) - Among the earnings stories for Thursday, April 24, from AP Financial
News:
Top stories:
NEW YORK (AP) -- Shares of NewMarket Corp., which makes chemical additives
for petroleum products, dropped Thursday morning after the company's
first-quarter results disappointed investors.
DEARBORN, Mich. (AP) -- Ford Motor Co. surprised Wall Street on Thursday
with a $100 million profit in the first quarter as strong results from Europe
and South America helped offset the impact of a slumping U.S. economy that cut
car and truck sales in its main market. Its shares rose almost 6 percent.
Other stories:
NEW YORK (AP) -- Core Laboratories NV, which provides services to the oil
and gas industry, said Wednesday profits rose in the first quarter on increased
demand for the company's reservoir technologies in North America.
MIAMI (AP) -- AutoNation Inc. reported Thursday that decelerating vehicle
sales in California, Florida and other key states beset by sagging home prices
dragged its first-quarter earnings down 37 percent, missing Wall Street
expectations.
MINNEAPOLIS (AP) -- Tennant Co., which makes floor-cleaning equipment, said
Thursday first-quarter results fell 12 percent, falling short of analyst
expectations, hurt by weak industrial equipment sales in North America.
GRAND RAPIDS, Mich. (AP) -- Costly materials and weak U.S. demand during
what Whirlpool called the toughest economic market in three decades contributed
to a nearly 20 percent drop in first-quarter profits, the company said Thursday.
MALVERN, Pa. (AP) -- Ikon Office Solutions Inc., which sells and leases
copiers and printers, said Thursday its fiscal second-quarter profit declined
due to higher costs, but results beat analysts' expectations.
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