Earnings roundup: Priceline.com, Charter

Date : 11/09/2007 @ 7:50AM
Source : TFN
Stock : Targacept Inc (TRGT)
Quote : 5.26  2.44 (86.52%) @ 4:40PM
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Earnings roundup: Priceline.com, Charter

        (AP) - Among the earnings stories for Thursday, Nov. 8, from AP Financial
News:
    NORWALK, Conn. (AP) -- Shares in online travel company Priceline.com Inc.
surged more than 14 percent in after-hours trading Thursday after it said its
third-quarter profits jumped on tax benefits and strong European sales.
    ST. LOUIS (AP) -- Shares of the cable TV company Charter Communications
dropped by more than a third Thursday after the company reported a huge
third-quarter loss that was worse than expected.
    SAN JOSE, Calif. (AP) -- Cisco Systems Inc. shares fell 9.5 percent Thursday
amid worry that fluctuations in U.S. business orders are hampering its growth.
    WINSTON-SALEM, N.C. (AP) -- Biopharmaceutical company Targacept Inc. said
Thursday its third-quarter loss widened on higher operating expenses.
    PENNSAUKEN, N.J. (AP) -- J&J Snack Foods Corp., which makes soft pretzels
and Slush Puppie frozen beverages, said Thursday fourth-quarter earnings dropped
as sales missed Wall Street forecasts and raw material and packaging costs
increased.
    ENGLEWOOD, Colo. (AP) -- Liberty Global Inc., which houses John Malone's
international cable television properties, said Thursday third-quarter earnings
fell sharply as operating expenses surged.
    NEW YORK (AP) -- National CineMedia Inc., which sells advertising in movie
theaters, said Thursday it swung to a third-quarter profit on strong revenue
from ad sales.
    
Copyright 2007 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
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