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Earnings roundup: Jack Henry, Cooper Tire & Rubber



By AP
07 May 2008 @ 11:26 am EST

Among the earnings stories for Wednesday, May 7, from AP Financial News:

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Quotes
JKHY 16.98 0.82
CTB 7.02 -0.26
POWL 29.09 0.88
IHR 1.09 -0.02
FCN 66.37 2.07
OGE 21.6 -0.94

SYMBOL LOOKUP

MONETT, Mo. (AP) -Shares of Jack Henry & Associates Inc., which provides computer systems to financial institutions, slid in premarket trading on Wednesday, after the company said fiscal third-quarter profit edged up 1 percent, missing analysts' expectations.

FINDLAY, Ohio (AP) -Cooper Tire & Rubber Co. said Wednesday its first-quarter profit tumbled 92 percent as costs for rubber and other raw materials rose and North American consumers put off tire purchases.

HOUSTON (AP) -Energy equipment company Powell Industries Inc. said Wednesday fiscal second-quarter profit more than doubled on strong demand for electrical power products.

ARLINGTON, Va. (AP) -Interstate Hotels & Resorts Inc. said Wednesday it swung to a first-quarter loss as the year-ago benefited from a unit sale.

BALTIMORE (AP) -Business advisory firm FTI Consulting Inc. said Wednesday its first-quarter profit more than doubled, surpassing Wall Street's expectations, as fallout from the subprime mortgage mess spurred strong revenue growth across all business segments.

OKLAHOMA CITY (AP) -OGE Energy Corp. said Wednesday its first-quarter earnings fell 24 percent as a bigger loss at its utility unit Oklahoma Gas & Electric Co. offset growth at its natural gas pipeline business Enogex LLC.

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 This material may not be published, broadcast, rewritten or redistributed.

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