Earnings roundup: MGM Resorts, Toll Brothers
Among the earnings stories for Wednesday, Feb. 20, from The Associated Press:
— MGM Resorts International's loss widened in its fourth quarter.
— Toll Brothers Inc. returned to a profit during the first quarter, but the homebuilder's results still fell short of Wall Street expectations.
— Medicines Co.'s fourth-quarter net income rose 5 percent as sales grew for the drug developer's injectable blood thinner, Angiomax.
— A drop in licensing revenue dragged Iconix Brand Group Inc.'s fourth-quarter net income down 4 percent, but the owner of the Candie's, Badgley Mischka and Joe Boxer clothing brands raised its outlook.
— Lumber Liquidators Holdings Inc.'s fourth-quarter net income surged 63 percent as the hardwood flooring retailer's sales rose and costs fell.
— Payments processor Vantiv Inc.'s fourth-quarter net income rose 83 percent.