Earnings roundup: Chrysler, Sinclair

Earnings roundup: Chrysler's 1Q profit falls; Sinclair Broadcast's 1Q net income falls

Associated Press

Among the earnings stories for Monday, April 29, from AP Business News:

— Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while the automaker prepared factories to launch several key new vehicles.

— TV station operator Sinclair Broadcast Group Inc. said that its first-quarter net income fell sharply, as higher revenue wasn't enough to make up for increased expenses.

— Auxilium Pharmaceuticals Inc. reported disappointing first-quarter sales and said it is spending $585 million to buy a urology drug company.

View Comments