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Earnings roundup: BearingPoint, Energy Transfer Partners



12 May 2008 @ 06:48 pm EST

Among the earnings stories for Monday, May 12, from AP Financial News:

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BE 0.73 0
ETP 43.11 -0.43
ALXA 4.06 0.08
PGIC 0.98 -0.07
KNXA 18.42 -0.29

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McLEAN, Va. (AP) -BearingPoint Inc., a management and technology consultant, said Monday its first-quarter loss shrunk more than 60 percent thanks to sharply lower costs.

DALLAS (AP) -Natural gas pipeline operator Energy Transfer Partners L.P. said Monday its first-quarter profit rose as sales grew at its core gas operations and at its retail propane division.

MOUNTAIN VIEW, Calif. (AP) -Drug developer Alexza Pharmaceuticals Inc. said Monday that its first-quarter loss widened on increased research and development spending.

LAS VEGAS (AP) -Progressive Gaming International Corp., a casino-management software provider, said Monday its first-quarter loss narrowed slightly as the company faced a weak environment and lower seasonal revenue.

WAYNE, Pa. (AP) -Kenexa Corp., which makes Web-based recruitment and employee development tracking software, said Monday its first-quarter profit edged up 2 percent on higher subscription and professional services revenue.

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 This material may not be published, broadcast, rewritten or redistributed.

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