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Earnings roundup: Energizer, ADM

Earnings roundup: Energizer 4Q profit slides, ADM earnings tumble 53 percent in fiscal 1Q

  • On 5:40 pm EST, Tuesday November 3, 2009

Among the earnings stories for Tuesday, Nov. 3, from AP Financial News:

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ST. LOUIS (AP) -- Consumer-goods company Energizer Holdings Inc. said its fourth-quarter profit declined amid charges for staff reductions as revenue also took a hit.

ST. LOUIS (AP) -- Archer Daniels Midland Co. said its first-quarter profit tumbled 53 percent as the global recession dragged down demand for crops and ethanol, but demand is improving in some key markets.

NEW YORK (AP) -- Corporate Executive Board Co. said its third-quarter profit fell 29 percent on weaker revenue, but the corporate strategy and human resources consultancy beat analyst expectations and shares gained.

FOOTHILL RANCH, Calif. (AP) -- Skilled Healthcare Group Inc. said its profit grew 6 percent in the third quarter, but the nursing facility operator lowered its revenue estimate for the year, sending its shares tumbling.

CHICAGO (AP) -- Travelers are still vacationing, but they're spending less when they do, Royal Caribbean Cruises Ltd. said in reporting that its third-quarter profit and revenue tumbled because it deeply discounted fares.

LONG BEACH, Calif. (AP) -- Health care real estate investment trust HCP Inc. said its third-quarter results plunged on a series of impairments and legal charges.

NASHVILLE, Tenn. (AP) -- Wood-products maker Louisiana-Pacific Corp. said its loss narrowed in the third quarter but sales dropped almost 21 percent as weakness in home building continued.

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