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Earnings Roundup: Knology, OfficeMax



By AP
19 February 2008 @ 02:19 pm EST

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

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KNOL 9.67 -0.08
OMX 12.9 -0.19
AMWD 22.75 -1.84
MPEL 6.06 -0.24
KALU 48.81 -0.64
HOC 27.56 -0.67
MDVN 30.9 -0.47
ORBK 10.08 -0.52

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WEST POINT, Ga. (AP) Knology Inc., a cable, Internet and telephone services provider, said Tuesday its fourth-quarter loss narrowed, as results from an acquisition lifted results.

CHICAGO (AP) OfficeMax Inc. said Tuesday that its fourth-quarter profit rose 24 percent as it overcome a significant drop in sales through lower costs and expenses.

WINCHESTER, Va. (AP) Cabinet maker American Woodmark Corp. said Tuesday it swung to a loss in the fiscal third quarter as severance costs related to a plant closure and staff cuts ate into profit margins.

NEW YORK (AP) Melco PBL Entertainment Ltd., a developer and owner of casinos and resorts in Macau, said Tuesday its fourth-quarter loss narrowed, helped by results from its Crown Macau casino.

FOOTHILL RANCH, Calif. (AP) Aluminum products maker Kaiser Aluminum Corp. said Tuesday its fourth-quarter profit soared, as shipments increased and demand for aerospace and defense products rose.

DALLAS (AP) Holly Corp., a petroleum refiner and marketer, said Tuesday its fourth-quarter profit rose 4.6 percent on a jump in sales and other revenue boosted by higher sales of sulfur credits and refined products.

SAN FRANCISCO (AP) Biopharmaceutical company Medivation Inc. said Tuesday its 2007 loss widened on a significant rise in operating expenses.

NEW YORK (AP) Israeli electronic component tester Orbotech Ltd. said Tuesday it swung to a fourth-quarter loss on a drop in value of its medical subsidiary and two companies it purchased in 2007.

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 This material may not be published, broadcast, rewritten or redistributed.

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