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Earnings Roundup: Barclays Group, GTX



By AP
19 February 2008 @ 10:48 am EST

Among the earnings stories for Tuesday, Feb. 19, from AP Financial News:

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LONDON (AP) Barclays Group PLC on Tuesday reported a 3.4 percent drop in profit in 2007 and further losses due to credit market turmoil.

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MEMPHIS, Tenn. (AP) Biopharmaceutical company GTX Inc. said Tuesday its loss widened in the fourth quarter, as costs and expenses rose.

RICHARDSON, Texas (AP) Watch maker Fossil Inc. on Tuesday said fiscal fourth-quarter net income rose 51 percent, helped by international sales.

HOUSTON (AP) Oil services company Natco Group Inc. said Tuesday its fourth-quarter earnings rose 23 percent through operational improvements and international expansion.

LONDON (AP) Scottish & Newcastle PLC on Tuesday reported a $205 million loss for 2007, expected to be its last annual report before the company is split between brewers Heineken NV and Carlsberg A/S.

SALT LAKE CITY (AP) Real estate investment trust Extra Space Storage Inc. said Tuesday its fourth-quarter funds from operations improved partly on increased rental revenue.

LONDON (AP) Cadbury Schweppes PLC, the beverage and confectionary company, on Tuesday reported a 65 percent drop in 2007 annual profit from the year earlier, when the company had a large one-time gain from selling off some businesses.

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 This material may not be published, broadcast, rewritten or redistributed.

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