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Current DateTime: 01:38:49 09 Nov 2009
LinksList Documentid: 24355697
Earnings roundup: Motorola, Eastman Kodak
By: The Associated Press | 29 Oct 2009 | 03:02 PM ET
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Among the earnings stories for Thursday, Oct. 29, from AP Financial News:

NEW YORK (AP) — The turnaround effort long sought at Motorola Inc. finally could be on track.

ROCHESTER, N.Y. (AP) — Eastman Kodak Co. lost money for a fourth straight quarter and missed Wall Street expectations but struck a more-confident note Thursday that its photography and printing businesses are rebounding steadily from their worst levels during the economic downturn.

CHICAGO (AP) — Colgate-Palmolive Co.'s higher prices have continued to stick, helping the consumer products company post an 18 percent higher third-quarter profit.

EDISON, N.J. (AP) — Real estate investment trust Mack-Cali Realty Corp. said Thursday that its funds from operations slipped 9 percent in the third quarter, as revenue fell from its construction and real estate businesses.

CAMBRIDGE, Mass. (AP) — Cancer drug developer Curis Inc. posted a narrower third-quarter loss Thursday due to greater revenue from partnerships.

ALLENTOWN, Pa. (AP) — Energy and utility holding company PPL Corp. posted dramatically lower third-quarter earnings Thursday as charges related to economic hedges and income taxes hurt its performance.

KANSAS CITY, Mo. (AP) — Regional railroad operator Kansas City Southern on Thursday said its third-quarter profits tumbled on lower shipments but it still beat Wall Street expectations and said business was showing signs of recovery.

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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