Earnings roundup: Herbalife, Marriott, Dell
Among the earnings stories for Tuesday, Feb. 19, from the AP Financial Desk:
NEW YORK (AP) — Herbalife, the company caught in the middle of a hedge fund dogfight, says it's doing just fine, thanks.
NEW YORK (AP) — Marriott International Inc. turned a better-than-expected profit in its fourth quarter driven by an increased number of rooms in the hotel company's portfolio and higher occupancy and room rates.
ROUND ROCK, Texas (AP) — Dell Inc. on Tuesday posted another quarter of declining sales and profits, the type of results that have disenchanted shareholders and prompted a buyout agreement.
GREENWOOD VILLAGE, Colo. (AP) — Red Robin Gourmet Burgers Inc.'s fiscal fourth-quarter net income more than doubled as more customers ate in its restaurants and spent more each visit.
MINNEAPOLIS (AP) — Medical device maker Medtronic Inc. said Tuesday its net income rose 6 percent in its fiscal third quarter despite mixed sales of its heart implants.
WINCHESTER, Va. (AP) — Exterior building material maker Trex Company Inc. on Tuesday reported a smaller fourth-quarter loss, helped by lower costs, despite a 10 percent drop in revenue.
NEW YORK (AP) — Shares of HealthSouth Corp. jumped Tuesday after the hospital operator posted strong fourth-quarter results.
ATLANTA (AP) — EarthLink lost money in its fourth quarter as its income from operations declined. Revenue managed to beat analysts' expectations, but its 2013 revenue forecast came in below Wall Street's view.
DALLAS (AP) — Digital Generation shares plunged in afternoon trading Tuesday after the company said a strategic review of options failed to produce a buyer, and it will remain independent.