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Among the earnings stories for Friday, Sept. 26, from AP Financial News:
LOS ANGELES (AP)--KB Home said Friday its third-quarter loss quadrupled from a year-ago period which was helped by hefty gains on the homebuilder's now-discontinued French operations. Results missed Wall Street expectations as cost-cutting measures failed to offset excessive inventories and lower revenue.
CLEVELAND (AP)--American Greetings Corp. on Friday said second-quarter profit dropped 73 percent as higher costs crimped margins as the greeting card company invested in products to drive sales growth.
ST. PETERSBURG, Fla. (AP)--Contract electronics manufacturer Jabil Circuit Inc. Friday said its net income rose nearly fivefold in the latest quarter compared with a year ago, when results were held back by restructuring and impairment charges.
China's bid to establish its own next generation mobile phone technology standard got a boost from the world's biggest cell phone maker...
U.S stocks fell on Wednesday as investors grew concerned that a bailout loan package for ailing automakers would fail to be approved by U.S. lawm...
Officials say German police carried out raids in three states searching for suspected supporters of a terror cell whose plans to attack U.S. targ...
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