Earnings roundup: Harris, Franklin Resources

Earnings roundup: Harris beats expectations; Franklin Resources 2Q net income rises

Associated Press

Among the earnings stories for Tuesday, April 30, from AP Business News:

— Harris Corp. returned to a profit and beat Wall Street expectations for the third quarter even as government budget cuts weighed on the communications and information technology company.

— Investment manager Franklin Resources Inc.'s second-quarter net income climbed 14 percent as it pulled in more money from certain fees.

— Martin Marietta Materials Inc., which sells granite, limestone, sand and gravel, reported a smaller loss for its first-quarter as higher prices helped partially offset lower shipments for the period.

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