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Earnings roundup: Hovnanian, Oxford Industries

Earnings roundup: Hovnanian narrows 3Q loss, Oxford Industries profit slides 64 percent in 2Q

  • On 6:01 pm EDT, Wednesday September 2, 2009

Among the earnings stories for Wednesday, Sept. 2, from AP Financial News:

Top stories:

UNDATED (AP) -- Hovnanian Enterprises Inc. says it narrowed its fiscal third-quarter loss as the homebuilder slashed costs and saw a pickup in signed contracts for new homes.

Other stories:

ATLANTA (AP) -- Oxford Industries Inc. reported that its profit fell 64 percent in its fiscal second quarter on softer sales and several charges.

SAN DIEGO (AP) -- Science Applications International Corp., or SAIC, reported that its fiscal 2010 second-quarter profit rose 13 percent to $123 million as sales rose 8 percent.

COLUMBIA, Md. (AP) -- Martek Biosciences Corp., which sells nutritional oils and dietary supplements, said its profit slipped by 4 percent in the third quarter as sales of its infant formula fell.

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