Earnings roundup: MGM Resorts, Toll Brothers

Earnings roundup: MGM Resorts' loss widens in 4Q; Toll Brothers returns to profit

Associated Press

Among the earnings stories for Wednesday, Feb. 20, from The Associated Press:

— MGM Resorts International's loss widened in its fourth quarter.

— Toll Brothers Inc. returned to a profit during the first quarter, but the homebuilder's results still fell short of Wall Street expectations.

— Medicines Co.'s fourth-quarter net income rose 5 percent as sales grew for the drug developer's injectable blood thinner, Angiomax.

— A drop in licensing revenue dragged Iconix Brand Group Inc.'s fourth-quarter net income down 4 percent, but the owner of the Candie's, Badgley Mischka and Joe Boxer clothing brands raised its outlook.

— Lumber Liquidators Holdings Inc.'s fourth-quarter net income surged 63 percent as the hardwood flooring retailer's sales rose and costs fell.

— Payments processor Vantiv Inc.'s fourth-quarter net income rose 83 percent.

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