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Earnings roundup: PepsiAmericas, Waddell & Reed Financial



By AP
22 April 2008 @ 11:05 am EST

Among the earnings stories for Tuesday, April 22, from AP Financial News:

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MINNEAPOLIS (AP) PepsiAmericas Inc., a bottler of Pepsi beverages, said Tuesday its first quarter profit climbed 20 percent, helped by a big boost in volume in the central and eastern European markets.

OVERLAND PARK, Kan. (AP) Investment manager Waddell & Reed Financial Inc. said Tuesday its first-quarter earnings fell 1 percent due to growing distribution and incentive costs.

NEW YORK (AP) SL Green Realty Corp.'s funds from operation slipped 29 percent in the first quarter because of a big fee from the comparable period last year, the real estate investment fund said Tuesday.

PORTLAND, Ore. (AP) StanCorp Financial Group Inc.'s profit climbed 4 percent in the first quarter as the insurer collected more premiums and paid out less of those premiums in claims, the company said late Monday.

CLEVELAND (AP) Motion control system maker Parker Hannifin Corp. said Tuesday its fiscal third-quarter profit rose 22 percent, on gains from acquisitions and core business growth led by international sales of its industrial products.

NEW YORK (AP) Omnicom Group Inc., a marketing and communications company, said Tuesday its first-quarter profit climbed 14 percent on increased domestic and international sales.

SAN ANTONIO (AP) Medical technology company Kinetic Concepts Inc. said Tuesday first-quarter profit jumped 27 percent on higher revenue for wound healing devices and a boost from foreign sales.

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 This material may not be published, broadcast, rewritten or redistributed.

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