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Earnings Roundup: Lions Gate, Gen Growth



By AP
11 February 2008 @ 06:11 pm EST

Among the earnings stories for Monday, Feb. 11, from AP Financial News:

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SANTA MONICA, Calif. (AP) Lions Gate Entertainment Corp., an independent film and distribution studio, said Monday its fiscal third-quarter earnings sank 90 percent, as higher marketing and operating costs offset an increase in sales.

CHICAGO (AP) Retail real estate investment trust General Growth Properties Inc. said Monday its fourth-quarter results dropped nearly 37 percent due to lower land sale revenue.

CHELMSFORD, Mass. (AP) Chip manufacturing equipment and software maker Brooks Automation Inc. swung to a fiscal first-quarter profit loss and its sales tumbled, blaming a difficult semiconductor environment.

LITTLETON, Colo. (AP) Data provider Time Warner Telecom Inc. on Monday reported its fourth-quarter loss narrowed considerably as increased sales to large businesses helped boost revenue by 17 percent.

CITY OF COMMERCE, Calif. (AP) Discount store chain 99 Cents Only Stores said Monday its fiscal 2008 third-quarter profit rose 7 percent, helped by a new pricing structure that led to higher margins on certain items.

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 This material may not be published, broadcast, rewritten or redistributed.

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