Earnings roundup: Molex, Denny's

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

LISLE, Ill. (AP) — Electronic parts company Molex Inc. on Tuesday reported fiscal first-quarter earnings that fell 17 percent but hit the bottom end of its guidance range that it had lowered in early October.

PORTLAND, Ore. (AP) — Denny's Corp. saw its transition toward a more franchise-heavy business pay off Tuesday, reporting its profit more than doubled in the third quarter.

HOUSTON (AP) — Record crude prices this summer are translating into huge profits, as BP and Occidental Petroleum showed Tuesday, but some energy companies are bracing for tougher times, keeping a closer tab on cash and cutting spending.

PHILADELPHIA (AP) — Interpublic Group of Companies Inc., the world's third largest advertising and marketing company, on Tuesday said third-quarter net income swung to a profit as revenue rose 11.5 percent with the addition of new clients and current customers expanded business.

SAN FRANCISCO (AP) — Drug distributor McKesson Corp. said Tuesday its profit climbed 32 percent in the fiscal second quarter, due to one-time gains and higher revenue from direct distribution to U.S. customers.

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