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Among the earnings stories for Thursday, May 22, from the AP Financial News:
Top stories:
SAN FRANCISCO (AP) -Clothing retailer Gap Inc. boosted its first-quarter profit by 40 percent despite a persisting sales slump that seems likely to deepen this summer as consumers scrimp on fashion to help offset rising gasoline and food bills.
Other stories:
PITTSBURGH (AP) -Communications equipment supplier Black Box Corp. said Thursday its fiscal fourth-quarter profit rose 27 percent on lower costs.
NEW YORK (AP) -IXYS Corp.'s profit more than quadrupled in the fiscal fourth quarter as demand for renewable energy resources boosted sales, the company said Thursday.
CAMBRIDGE, Mass. (AP) -Biotechnology company Alkermes Inc. said Thursday it swung to a fiscal 2008 fourth-quarter loss on charges for cutting jobs and shuttering a facility in the wake of partner Eli Lilly & Co.'s decision to end development of their inhaled insulin.
NEW YORK (AP) -Athletic footwear retailer Foot Locker Inc. on Thursday said fiscal first-quarter profit fell, hurt by an impairment charge and nearly flat sales.
Citigroup Inc. shares tumbled below $5 a share Thursday to their lowest level in...
As more Americans rely on charity amid worsening economic gloom, operators of fo...
The Albuquerque Police Department has turned to the want ads for snitches. An ad this week in the alternative newspaper The Alibi asks "people wh...
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