Among the earnings stories for Thursday, June 5, from AP Financial News:
Top stories:
SMITHFIELD, Va. (AP)--Pork producer Smithfield Foods says fourth-quarter profits fell 94 percent, hurt by the rising cost of grain and falling prices for hogs.
Other stories:
LINTHICUM, Md. (AP)--Communications-equipment maker Ciena Corp. said Thursday its second quarter profit jumped 83 percent, helped by big boosts in revenue for both products and services.
GREENWICH, Conn. (AP)--Blyth Inc., which makes candles and other household products, said Thursday that first-quarter earnings dropped as sales fell, prices for commodities grew and the company booked hefty one-time charges.
SAN FRANCISCO (AP)--Del Monte Foods Co. said Thursday its fiscal fourth-quarter profit rose 37 percent, boosted by strong sales in both its consumer products and pet divisions.
LOUISVILLE, Ky. (AP)--Liquor producer Brown-Forman Corp. said Thursday its fourth quarter profit jumped 48 percent on demand for the Jack Daniels and Finlandia brands, an acquisition and a lower tax rate.
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After trading sideways-to-lower most of the week, the EUR USD finished the week with a strong gain on Friday. The market appeared to be trading ...


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