Earnings roundup: Churchill Downs, ZymoGenetics

LOUISVILLE, Ky. (AP) -Churchill Downs Inc., which operates the home of the Kentucky Derby and other racetracks, said Tuesday it swung to a profit in its first quarter mainly due to a big gain for insurance recoveries.

SEATTLE (AP) -Biotechnology company ZymoGenetics Inc. said Tuesday its first-quarter loss widened on higher sales and marketing costs for its blood-clotting drug Recothrom Thrombin.

ANAHEIM, Calif. (AP) -Electronics components manufacturer Multi-Fineline Electronix Inc. said Tuesday its fiscal second-quarter profit more than tripled due to higher sales to three of its key customers, beating analyst estimates.

DALLAS (AP) -Exco Resources Inc.'s first-quarter loss widened on a hefty derivatives loss, but profit on an adjusted basis beat expectations on higher oil and gas revenue, the company said Tuesday.

AGOURA HILLS, Calif. (AP) -Video game publisher THQ Inc. said Tuesday it swung to a loss in its fiscal fourth quarter, hurt by weaker-than-expected sales of some of its older titles, which led to higher amortization expenses.

STAMFORD, Conn. (AP) -Mail and document-management company Pitney Bowes Inc. said Tuesday its first-quarter profit fell on a mix of restructuring charges and a tax adjustment.