Earnings Roundup: Flavors & Fragrances

NEW YORK (AP) Flavor and scent maker International Flavors & Fragrances Inc. said Wednesday its fourth-quarter profit dipped 2 percent on higher costs.

BALTIMORE (AP) Investment management firm Legg Mason Inc. said Wednesday fiscal third-quarter earnings fell 12 percent due to a charge related to commercial paper losses.

JOHNS CREEK, Ga. (AP) Less-than-truckload carrier Saia Inc. said Wednesday its fourth-quarter earnings plunged 62 percent as higher accident and employee expenses offset growth from acquisitions.

ROCKFORD, Mich. (AP) Footwear maker Wolverine World Wide Inc. said Wednesday its fourth-quarter profit climbed 8 percent due partly to strong sales and earnings in its outdoor shoe division.

RICHMOND, Va. (AP) Electricity and natural gas distributor Dominion Resources Inc. said Wednesday fourth-quarter earnings surged after it disposed of loss-making businesses, but revenue fell.

NEW YORK (AP) Dover Corp., which owns a diverse portfolio of manufacturing companies, said Wednesday its fourth-quarter profit climbed 56 percent on a gain from discontinued operations.

FRANKFURT, Germany (AP) Reinsurer Munich Re AG said Wednesday it expects to post a bigger profit in 2007 than last year, beating its previous target of more than $5.17 billion.