(AP) - Among the earnings stories for Thursday, May 8, from AP Financial
News:
SANTA CLARA, Calif. (AP) -- Graphic chip maker Nvidia Corp. said Thursday
its first-quarter profit rose 34 percent, but missed analyst estimates.
HOUSTON (AP) -- Dynegy Inc. swung to a first-quarter loss as surging power
prices caused it to post losses on forward contracts, but the power provider's
top executive says Dynegy is well suited to take advantage of what he predicts
will be ongoing high demand and prices for electricity.
LOS ANGELES (AP) -- Warner Music Group Corp., whose artists include R.E.M.,
Madonna and Green Day, said Thursday that higher costs and a shift to digital
music resulted in a wider second-quarter loss and it suspended dividends.
NEW YORK (AP) -- Six Flags Inc. said Thursday it narrowed its losses in the
first quarter as the theme park operator's attendance and guest spending jumped,
but the results failed to meet Wall Street expectations.
DEERFIELD, Ill. (AP) -- Sandwich chain Cosi Inc. said Thursday its loss
narrowed in its first quarter due to a rise in both restaurant sales and
franchise fees and royalties.
PITTSBURGH (AP) -- Koppers Holdings Inc. on Thursday reported first-quarter
profit jumped 26 percent on higher sales in at the company's carbon materials
and chemicals segment.
NEW YORK (AP) -- Shares of ACI Worldwide Inc. fell on Thursday, after the
electronic-payments company reported a wider loss in the fiscal third quarter,
missing analyst expectations.
Copyright 2008 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
|