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Earnings roundup: Deutsche Telekom, Atlas America



08 May 2008 @ 11:53 am EST

Among the earnings stories for Thursday, May 8, from AP Financial News:

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DT 17.4 0.02
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FRANKFURT, Germany (AP) -Europe's biggest telecom, Deutsche Telekom AG, said Thursday that its first-quarter profit rose more than 33 percent on the sale of its media and broadcast unit and lower interest expenses.

PHILADELPHIA (AP) -Independent energy company Atlas America Inc. said Thursday its first-quarter profit tumbled 37 percent on a jump in non-cash derivative expenses.

NEW YORK (AP) -Macquarie Infrastructure Co. swung to a loss in the first quarter on higher interest costs and an equity loss, the operator of airports and energy terminals said Thursday.

CLEVELAND (AP) -Industrial chemicals and materials company OM Group Inc. said Thursday its first-quarter profit fell 52 percent on higher costs and a drop in income from discontinued operations.

MINNEAPOLIS (AP) -Alliant Techsystems Inc.'s fiscal fourth-quarter earnings jumped 19 percent as sales rose in each of its operating divisions, the military contractor said Thursday.

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 This material may not be published, broadcast, rewritten or redistributed.

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