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Earnings Roundup: Alliance & Leicester



20 February 2008 @ 11:49 am EST

Among the earnings stories for Wednesday, Feb. 20, from AP Financial News:

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LONDON (AP) Shares of Alliance & Leicester PLC plunged Wednesday after the British mortgage lender reported a 41 percent drop in full-year profits and withdrew earnings expectations for 2008 and the following year.

MADISON, Wis. (AP) Great Wolf Resorts Inc., which runs indoor waterpark resorts, said Wednesday its loss narrowed in the fourth quarter as available room revenue increased at facilities open longer than a year.

PITTSBURGH (AP) Koppers Holdings Inc.'s profit jumped 32 percent in the fourth quarter as robust demand, especially in Asia, propelled sales, the carbon and wood products maker said Wednesday.

NEW YORK (AP) Genesis Lease Ltd. said Wednesday its fourth-quarter profit fell nearly 9 percent on hefty charges, but sales increased as the young aircraft leasing company's fleet grew.

AMSTERDAM, Netherlands (AP) ING Groep NV, one of Europe's largest financial services companies, reported an 18 percent gain in fourth-quarter profit Wednesday from selling stakes in other companies and growth in its own operations.

NEW YORK (AP) Iconix Brand Group Inc., which owns and licenses such apparel brands as Candie's and Joe Boxer, said Wednesday its fourth quarter profit more than doubled due to a big boost in licensing revenue.

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This material may not be published, broadcast, rewritten or redistributed.

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