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Earnings Roundup: Emageon, BioLase
updated 6:22 p.m. ET Nov. 6, 2007
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Among the earnings stories for Tuesday, Nov. 6, from AP Financial News:

BIRMINGHAM, Ala. (AP) _ Health care technology company Emageon Inc. said Tuesday it widened its loss in the third quarter on lower demand for its medical systems, and the stock tumbled to an all-time low.

NEW YORK (AP) _ Shares of BioLase Technology Inc. tumbled on Tuesday to a five-year low after the company said its third-quarter loss widened and Chief Executive Jeffrey W. Jones resigned.

CHEVY CHASE, Md. (AP) _ CapitalSource Inc., a commercial lender and money manager, Tuesday said its third-quarter profit tumbled 65 percent from declining residential mortgage investments.

AUSTIN, Texas (AP) _ National Western Life Insurance Co. said Tuesday its third quarter earnings fell 3 percent due to a swing to a loss from derivatives.

CLARENCE, N.Y. (AP) _ Shares of medical components maker Greatbatch Corp. dropped 3 percent Tuesday after the company reported earnings that missed Wall Street expectations.

NEW YORK (AP) _ Canadian automotive supplier Magna International Inc. said Tuesday its third-quarter profit jumped 65 percent on an increase in production sales.

LONDON (AP) _ Marks & Spencer Group PLC on Tuesday reported a 40 percent rise in profit in the first half of the year, and announced a $2.1 billion share repurchase plan.

LONDON (AP) _ InterContinental Hotels Group PLC, the owner of the Holiday Inn and Crowne Plaza chains, said Tuesday its profit plunged 61 percent in the third quarter as costs rose and the company bought back shares.

Copyright 2007 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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