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Earnings roundup: MasterCard, CBS



By AP
29 April 2008 @ 10:36 am EST

Among the earnings stories for Tuesday, April 29, from AP Financial News:

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CBS 16.18 -0.56
MHS 46.85 -0.91
TECH 77.17 -0.75
TWI 26.74 -0.14
BYD 12.19 0.03
OLN 26.91 -0.32
PAG 13.25 0.12
GFG 4.79 -0.3

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NEW YORK (AP) MasterCard's profit more than doubled in the first quarter, the card processor said Tuesday, as more customers outside the United States used their credit and debit cards for purchases.

NEW YORK (AP) CBS Corp. reported a 14 percent gain in first quarter profit Tuesday, aided by a new international TV syndication agreement for its "CSI" franchise.

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TRENTON, N.J. (AP) Prescription drugs benefits manager Medco Health Solutions Inc. said Tuesday that record mail-order volume and an influx of generic drugs on the market drove first-quarter profit down slightly, but it was still above Wall Street expectations.

HOUSTON (AP) Waste Management, the nation's largest garbage hauler and landfill operator, said Tuesday its first-quarter profit edged up a little more than 1 percent as higher prices offset lower volumes and increased costs for diesel fuel.

MINNEAPOLIS (AP) Techne Corp., a maker of medical testing and diagnostic products, said Tuesday its fiscal third-quarter profit rose 24 percent on a jump in biotechnology sales and a boost from the weaker U.S. dollar.

QUINCY, Ill. (AP) Titan International Inc., which supplies wheels and tires for agricultural and construction machinery, said Tuesday it swung to a profit in the first quarter, boosted by strong demand in the agricultural market.

LAS VEGAS (AP) Boyd Gaming Corp. on Tuesday reported to a first-quarter loss, hurt by a hefty impairment charge as well as revenue declines in Las Vegas and other markets.

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 This material may not be published, broadcast, rewritten or redistributed.

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