Earnings roundup: Walgreen, Tiffany

Date : 03/24/2008 @ 10:29AM
Source : TFN
Stock : Hastings Entertainment Inc (HAST)
Quote : 4.61  -0.092 (-1.96%) @ 8:00PM
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Earnings roundup: Walgreen, Tiffany

        (AP) - Among the earnings stories for Monday, March 24, from the AP
Financial Desk:
    Top stories:
    CHAMPAIGN, Ill. (AP) -- Walgreen said Monday that its second-quarter profits
rose 5 percent as the drugstore chain continued to open new stores at a record
pace.
    NEW YORK (AP) -- Tiffany & Co. on Monday said its fourth-quarter earnings
fell almost 16 percent, hurt partly by loans made to a diamond company, but
adjusted results beat analyst expectations on strong international results.
    Other stories:
    SAN DIEGO (AP) -- Biotechnology company Ardea Biosciences Inc. said Monday
it posted a deeper fourth-quarter loss as its operating expenses ballooned.
    CAMBRIDGE, Mass. (AP) -- Biopharmaceutical company Targanta Therapeutics
Corp. said Monday that its losses widened in the fourth quarter as research and
development expenses increased for its lead antibiotic candidate, oritavancin.
    AMARILLO, Texas (AP) -- Hastings Entertainment Inc. said Monday its fiscal
fourth-quarter profit rose 14 percent, helped by lower costs.
    NEW YORK (AP) -- China Fire & Security Group Inc. said Monday it swung to a
fourth-quarter profit on higher revenue from several industrial sectors.
    
Copyright 2008 Associated Press. All rights reserved. This material may not be
published, broadcast, rewritten, or redistributed.
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