Earnings roundup: Diebold, Martin Marietta

Earnings roundup: Diebold posts 4Q loss as demand weak, Martin Marietta profit jumps 45 pct

Associated Press

Among the earnings stories for Tuesday, Feb. 12, from The Associated Press:

— Diebold Inc. said it lost $10.6 million in the fourth quarter, reversing a profit in the same period a year ago, hurt by lackluster demand for its products and costs related to pension buyouts and a federal investigation.

— Martin Marietta Materials Inc. said its fourth-quarter net income jumped 45 percent, helped by a rebound in construction activity that boosted demand for building materials.

— HCP Inc., a real estate investment trust that focuses on health care facilities, said its funds from operations more than doubled in the fourth quarter, as rental and related revenues climbed.

— Shares of Level 3 slumped after the Internet services and telecommunications company posted its 16th straight quarterly loss in the October-December period.

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