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Earnings roundup: Denbury, Louisiana-Pacific



By AP
04 November 2008 @ 02:41 pm EST

Among the earnings stories for Tuesday, Nov. 4, from AP Financial News:

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DALLAS (AP)--Denbury Resources Inc. said third-quarter profit more than doubled due in part to higher prices for crude and natural gas.

NASHVILLE, Tenn. (AP)--Lumber and building-products producer Louisiana-Pacific Corp. posted a wider-than-expected third-quarter loss as demand dropped off from the construction industry.

NEW YORK (AP)--Orient-Express Hotels Ltd.'s shares tumbled to a fresh 52-week low after the company suspended its dividend and said third-quarter profit fell 72 percent.

SALT LAKE CITY (AP)--Myriad Genetics Inc. swung to a profit in the fiscal first quarter on surging sales in its molecular-diagnostics business, which includes tests to assess the risk of patients getting cancers of the breast, ovaries or colon.

NEW YORK (AP)--Shares Superior Well Services Inc. rose after the oil-field-services company said increased drilling activity drove up profit 28 percent in the third quarter, beating analyst estimates.

PARAMUS, N.J. (AP)--Real-estate-investment trust Vornado Realty Trust said third-quarter funds from operations declined partly due to a smaller gain from real-estate sales, but adjusted results surpassed Wall Street's expectations.

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 This material may not be published, broadcast, rewritten or redistributed.

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