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Earnings roundup: Nokia, Johnson Controls



By AP
17 July 2008 @ 03:08 pm EST

Among the earnings stories for Thursday, July 17, from AP Financial News:

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NOK 20.62 -1.69
JCI 29.5 0.41
CRRC 20.67 0.11

SYMBOL LOOKUP

HELSINKI, Finland (AP)--Nokia Corp., the world's top cell phone maker, reported better-than expected results for the second quarter Thursday and upgraded its forecast for the global handset market. Its shares jumped 8 percent.

NEW YORK (AP)--Johnson Controls Inc., which makes building and automotive systems, said Thursday its fiscal third-quarter profit rose 11 percent on a jump in sales at its building efficiency division.

NEW YORK (AP)--Beijing-based New Oriental Education and Technology Group Inc., which provides private educational services in China, swung to a fiscal fourth-quarter profit on Thursday, helped by new schools and programs that boosted sales.

NORTH CHELMSFORD, Mass. (AP)--Courier Corp., a leading book manufacturer and specialty publisher, said it lost $12.4 million in its fiscal third quarter, due to a noncash impairment charge of $23.9 million on poor performance at a subsidiary that publishes home and garden titles.

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 This material may not be published, broadcast, rewritten or redistributed.

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