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.