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Earnings roundup: Wyndham Worldwide, Elizabeth Arden



By AP
01 May 2008 @ 10:48 am EST

Among the earnings stories for Thursday, May 1, from AP Financial News:

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WYN 10.41 -1.42
RDEN 16.45 -1.24
ITG 27.9500007629395 0.35
GTIV 23.44 -1.43
NRG 17.59 -2.65

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PARSIPPANY, N.J. (AP)Hotel operator Wyndham Worldwide Corp. said Thursday its first-quarter profit dropped 51 percent on legacy and rebranding charges, but adjusted results surpassed analysts' estimates.

NEW YORK (AP) Beauty-products maker Elizabeth Arden Inc. on Thursday said it swung to a fiscal third-quarter loss, as sales fell amid a difficult North American retail environment.

NEW YORK (AP) Investment Technology Group Inc.'s net income rose 34 percent on higher foreign revenue and commissions, the provider of electronic trading services said Thursday.

CLEVELAND (AP) Cbiz Inc. said Thursday that first-quarter earnings rose 18 percent as acquisitions boosted revenue.

MELVILLE, N.Y. (AP) Home health care services company Gentiva Health Services Inc. said Thursday its first-quarter profit rose 13 percent on higher revenue from Medicare and commercial insurance.

PRINCETON, N.J. (AP) Merchant power generator NRG Energy Inc. said Thursday higher fuel costs and lower margins in its Northeast and Texas regions cut first-quarter profit 26 percent, well below analysts' estimates.

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 This material may not be published, broadcast, rewritten or redistributed.

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