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691. Earnings roundup: BearingPoint, Energy Transfer Partners
Among the earnings stories for Monday, May 12, from AP Financial News: McLEAN, Va. (AP) _ BearingPoint Inc., a management and technology consultant, said Monday its first-quarter loss shrunk more than 60 percent thanks to sharply lower costs.
12 May 2008
692. BearingPoint names Eileen Kamerick as CFO
BearingPoint Inc., a management and technology consultant, on Monday said it named Eileen Kamerick as its chief financial officer. Kamerick previously served as executive vice president, chief financial and chief administrative officer at Heidrick & Struggles International Inc., an executive search and consulting firm.
12 May 2008
693. Canadian Solar names Arthur Chien financial chief
Canadian Solar Inc. said Monday it named Vice President of Finance and Secretary Arthur Chien to the post of chief financial officer, effective June 7.
12 May 2008
694. Railroad group spent $2.2 million lobbying in 1Q
The Association of American Railroads spent nearly $2.2 million to lobby on legislation dealing with competition within the industry, security matters and other issues in the first quarter of the year.
12 May 2008
695. BearingPoint lowers full-year outlook slightly
BearingPoint Inc., a management and technology consultant, lowered its full-year outlook on Monday after posting a narrower first-quarter loss. The company said it expects a net loss in 2008 of $70 million. Previously, the company had expected between a profit of $1 million and a loss of $70 million.
12 May 2008
696. LDK Solar 1Q profit nudges higher as sales rise
Chinese solar wafer maker LDK Solar Co. Ltd. said Monday its first-quarter profit edged higher on increased sales, although its tax bill also rose sharply.
12 May 2008
697. McDermott Intl 1Q profit falls 22 percent
Engineering and construction services provider McDermott International Inc. said Monday its first-quarter profit fell 22 percent due to weather-related downtime in its offshore oil and gas construction segment and fewer project close-outs, change orders and settlements.
12 May 2008
698. Closing Glance: Electrical equipment ends higher
Shares of electrical equipment companies closed higher Monday as the broader markets were lifted by a decline in crude prices and a stronger U.S. dollar.
12 May 2008
699. Airbus Americas spent $200,000 to lobby in first quarter
Airbus Americas Inc. spent $220,000 in the first quarter to lobby on issues including legislation to reauthorize the Federal Aviation Administration and on a massive Air Force order for aerial refueling tankers, according to a disclosure report filed April 18.
12 May 2008
700. Commscope president and COO exercises options
The president and chief operating officer of Commscope Inc., a supplier of networking infrastructure, exercised options for 21,250 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Friday.
12 May 2008
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