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Earnings Roundup: Google, Anheuser-Busch



By AP
31 January 2008 @ 06:17 pm EST

Among the earnings stories for Thursday, Jan. 31, from AP Financial News:

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GOOG 353.36 -17.85
BUD 62.83 -0.26
CLS 5.02 0.04
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SAN FRANCISCO (AP) Google Inc.'s fourth-quarter profit missed analyst expectations, signaling the crumbling U.S. economy has dented the Internet search leader's moneymaking machine.

ST. LOUIS (AP) Anheuser-Busch Cos. Inc., the nation's largest brewer, said Thursday that a resurgence in beer sales helped push its profit up 12 percent in the fourth quarter.

Other stories:

NEW YORK (AP) Celestica Inc., a Canadian electronics manufacturing services company, said Thursday its fourth-quarter loss narrowed on lower restructuring costs.

NEW YORK (AP) Sierra Wireless Inc., a Canadian maker of wireless modems, said Thursday its fourth-quarter profit increased nearly five fold as its sales almost doubled.

KANSAS CITY, Mo. (AP) Medical software developer Cerner Corp. on Thursday said fiscal fourth-quarter net income rose 6 percent as support, maintenance and services revenue grew.

SEATTLE (AP) Property and casualty insurer Safeco Corp. said Thursday its fourth-quarter profit shrank 33 percent, hurt by an increase in total catastrophe losses and a decline in investment income.

SANTA CLARA, Calif. (AP) Trident Microsystems Inc., which makes semiconductors used in digital televisions, said Thursday its fiscal second-quarter earnings edged higher as an increase in revenue offset higher costs.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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