Earnings Roundup: Maidenform, Nortel

Among the earnings stories for Tuesday, Nov. 6, from AP Financial News:

ISELIN, N.J. (AP) _ Intimate apparel maker Maidenform Brands Inc. on Tuesday said third-quarter net income fell 12 percent, as wholesale sales declined.

TORONTO (AP) _ Nortel Networks Corp. shares rose almost 18 percent on the New York Stock Exchange on Tuesday despite lower revenue as the Canadian telecom equipment supplier reported its best operating margin since 2004.

HOUSTON (AP) _ BMC Software, which makes software to manage information technology systems, said Tuesday its fiscal second-quarter earnings surged 34 percent as the company increased revenue and lowered operating costs.

LOS ANGELES (AP) _ PeopleSupport Inc., a provider of offshore customer management services, said Tuesday its third-quarter profit jumped 81 percent on strong growth from newer clients and a decrease in its provision for income taxes.

MT. AIRY, N.C. (AP) _ Power services contractor Pike Electric Corp. said Tuesday its fiscal first-quarter profit rose as measures to boost efficiency offset a drop in revenue.

NEW YORK (AP) _ Weight Watchers International Inc., which provides diet and weight management services, said Tuesday third-quarter profit fell 2 percent, despite higher revenue, as interest expense rose.

OKLAHOMA CITY (AP) _ Chesapeake Energy Corp. said Tuesday its third-quarter profit tumbled 34 percent as average natural gas prices fell.

DENVER (AP) _ Beer giant Molson Coors Brewing Co. on Tuesday reported a dip in third-quarter net income because of one-time charges that offset a 7 percent increase in sales.

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 This material may not be published, broadcast, rewritten or redistributed.