Earnings roundup: Dreamworks, Centex

Among the earnings stories for Tuesday, Oct. 28, from AP Financial News:

NEW YORK (AP) — DreamWorks Animation SKG Inc. said Tuesday that its third-quarter profit fell 21 percent as revenue slipped despite the strong performance of Kung Fu Panda, but the results topped Wall Street's expectations and shares jumped in after-hours trading.

Centex Corp. said Tuesday it narrowed its fiscal second-quarter loss from the prior-year period, but the homebuilder saw revenue and new home orders plunge as dismal market conditions continued.

NEW YORK (AP) — United States Steel Corp.'s quarterly profit more than tripled as higher prices led to record gains in its tubular and flat-rolled steel businesses, but the company warned Tuesday that softening demand in North America and Europe will hurt results for the rest of the year.

THE WOODLANDS, Texas (AP) — Chicago Bridge & Iron Co. on Tuesday reported that its third-quarter profit fell, hampered by an $86 million pretax charge for expected cost overruns at two large liquefied natural gas projects in the U.K.

PHOENIX (AP) — Apollo Group, which operates the University of Phoenix, said Tuesday its fiscal fourth-quarter profit more than doubled as a record number of new students flooded its campuses and a judge reversed a $170 million class-action settlement.

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