Earnings roundup: Goodyear, ManTech

Earnings roundup: Goodyear 3Q profit surges, ManTech earnings climb 23 percent

• On 6:30 pm EDT, Wednesday October 28, 2009

Among the earnings stories for Wednesday, Oct. 28, from AP Financial News:

Top stories:

CLEVELAND (AP) -- Goodyear Tire & Rubber Co.'s profit more than doubled in the third quarter, helped by cost-cutting, new products and lower raw material costs. But its shares plummeted on its forecast for an operating loss in its key North American market this quarter.

Other stories:

FAIRFAX, Va. (AP) -- Government contractor ManTech International Corp. said its third-quarter earnings rose 23 percent because of a focus on the products it develops for the high-end defense and intelligence markets.

NEENAH, Wis. (AP) -- Plexus Corp., citing volatile demand for its products, said its fiscal fourth-quarter profit fell 13 percent.

ARLINGTON, Va. (AP) -- Government contractor CACI International Inc. said that its fiscal first-quarter profit rose 22 percent as it signed new contracts to increase sales, prompting it to raise its 2010 profit guidance.

ST. LOUIS (AP) -- Pharmacy-benefits manager Express Scripts Inc. said its third-quarter profit declined, hurt by one-time charges that include costs to settle a legal matter and acquisition expenses.

NEW YORK (AP) -- Shares of China Security & Surveillance Technology Inc. tumbled as the company's third-quarter profit and sales missed Wall Street forecasts by a wide margin.

COLORADO SPRINGS, Colo. (AP) -- Medical device maker Spectranetics Inc. said it took a loss in the third quarter due to costs related to litigation and a federal investigation.

CHARLESTON, W.Va. (AP) -- International Coal Group said it's seeing signs that increasing steel production is upping demand for metallurgical coal, but is crediting other factors for more than doubling its third-quarter profit.

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