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Earnings roundup: OfficeMax, Wendy's



By AP
06 November 2008 @ 10:31 am EST

Among the earnings stories for Thursday, Nov. 6, from AP Financial News:

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NAPERVILLE, Ill. (AP)--OfficeMax Inc. said Thursday it swung to a third-quarter loss because of a large charge tied to the bankruptcy of Lehman Brothers and economic weakness that crimped demand for office supplies.

NEW YORK (AP)--Wendy's swung to a third-quarter loss due to costs related to its takeover by the owner of the Arby's chain.

Other stories:

NEW YORK (AP)--AbitibiBowater Inc. said Thursday its third-quarter loss widened as tumbling North American demand forced the world's largest paper maker to increase facility down time. It said, however, it expects "significant improvement" in the fourth quarter.

NEW YORK (AP)--DirecTV Group Inc. says its third-quarter earnings rose 14 percent as capital expenses fell sharply and customers spent more on premium services.

THE WOODLANDS, Texas (AP)--Huntsman Corp., a specialty chemicals maker slated to be bought by Hexion Specialty Chemicals, said Thursday its third-quarter net loss shrank due to a recent price hike amid record-high energy costs.

LAKE OSWEGO, Ore. (AP)--Railcar manufacturer Greenbrier Cos. said Thursday its fourth-quarter profit dropped 44.3 percent as the number of new railcars it delivered fell.

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 This material may not be published, broadcast, rewritten or redistributed.

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