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- Iraq to resume oil sales to South Korean firm SK
- US ag chief: China, US agree on free farm trade
Earnings roundup: Johnson Outdoors, Comtech
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Among the earnings stories for Friday, Dec. 5, from AP Financial News:
RACINE, Wis. (AP) — Johnson Outdoors Inc. said Friday after it swung to a large loss in its fourth quarter that it cut jobs and plans to slash spending and suspend its quarterly dividend in response to the global economic slump, which is hurting sales of boats and other products.
MELVILLE, N.Y., (AP) — Shares of Comtech Telecommunications Corp. jumped Friday after the communications equipment maker's fiscal first-quarter results blew away Wall Street's expectations.
ALAMEDA, Calif. (AP) — Shares of Wind River Systems Inc. climbed Friday after the software maker said it swung to a profit in its fiscal third quarter.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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