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Earnings roundup: Chart Industries, OneBeacon
By The Associated Press | 31 Oct 2008 | 06:38 PM ET
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Among the earnings stories for Friday, Oct. 31, from AP Financial News:

CLEVELAND (AP) — Chart Industries Inc., which makes equipment for the hydrocarbon and industrial gas industries, reported Friday a 68-percent increase in its third-quarter profit, with the company crediting improved project execution.

NEW YORK (AP) — Bermuda-based insurer OneBeacon Insurance Group Ltd. said Friday it swung to a loss in the third-quarter after taking a write-down on its investments.

DULUTH, Minn. (AP) — Allete Inc., a regional utility, said Friday third-quarter earnings rose as revenue climbed on an increase in its electric rate base.

PORTLAND, Ore. (AP) — Shares of B&G Foods Inc. soared Friday after the food producer and distributor reported lackluster third-quarter results, but offered an outlook that investors found encouraging.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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