Earnings roundup: CA Technologies net rises with acquisition boost, Arbitron net rises
By APWednesday, July 21, 2010
Earnings roundup: CA Technologies, Arbitron
Among the earnings stories for Wednesday, July 21, from AP Financial News:
— Business management software company CA Technologies, formerly known as CA Inc., said its first-quarter net income rose 11 percent thanks to better execution and new revenue from acquisitions.
— Media and marketing research firm Arbitron Inc. said its second-quarter net income climbed nearly 9 percent as the radio advertising marketplace continued to improve.
— Payroll services company Total System Services Inc. said income fell 7 percent for the second quarter as costs and expenses outstripped a a 5 percent increase in revenue.
— Heart device maker Edwards Lifesciences Corp. said its second-quarter net income rose 21 percent as it sold more heart valves at better profit margins.
— Complete Production Services Inc. reported a profit for the second quarter, reversing a year-ago loss, as a 51 percent increase in revenue buoyed results. Shares hit a new 52-week high.
— CNH Global NV said it turned a profit in the second quarter as sales of agricultural and construction equipment recovered in most markets outside of Europe.