(AP) - Among the earnings stories for Friday, May 2, from AP Financial News:
SEATTLE (AP) -- Weyerhaeuser Co., one of the world's largest timberland
owners and wood products manufacturers, said Friday it swung to a loss in the
first quarter, hurt by a sagging housing market and low product prices.
HOUSTON (AP) -- KBR Inc., the military contractor and engineering outfit,
said Friday its first-quarter profit more than tripled, helped by a gain from an
arbitration award, and the company's top executive touted prospects for broad
growth.
NEW YORK (AP) -- Shares of Cbeyond Inc. rose Friday after the communications
services provider said its first-quarter profit fell more than 60 percent due to
a higher income tax expense, but posted higher revenues and affirmed its
full-year outlook.
NEW YORK (AP) -- Shares of real estate investment trust Duke Realty Corp.
rose Friday, as two analysts upgraded the stock following the company's
first-quarter report.
SAN DIEGO, Calif. (AP) -- Shares of Websense Inc. slid on Friday after the
company posted first-quarter results which topped Street expectations, but an
analyst said slower billings growth and market saturation could hurt its
prospects.
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