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Among the earnings stories for Friday, Nov. 7, from AP Financial News:
CINCINNATI (AP)--Media company E.W.Scripps says it swung to a third-quarter loss and announced that it would cut 400 jobs as the local advertising market continued to deteriorate. It also suspended its dividend.
HOUSTON (AP)--Reliant Energy Inc., which supplies electricity to nearly 2 million customers in Texas and the Mid-Atlantic region, said Friday it swung to a third-quarter loss due to unrealized losses of more than $1 billion from energy derivatives.
FINDLAY, Ohio (AP)--Cooper Tire & Rubber Co. said Friday it posted a third-quarter loss, compared with a year-ago profit, as soaring raw material and energy costs offset growth in sales and increased market share.
LITTLE ROCK, Ark. (AP)--Windstream Corp., which provides voice, broadband and entertainment services to customers in 16 states, said Friday third-quarter earnings fell 10 percent, hurt by hurricane-related expenses and other costs.
BRENTWOOD, Tenn. (AP)--LifePoint Hospitals Inc. said Friday its profit fell 60 percent in the third quarter after the company decided to sell two of its hospitals.
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