Earnings roundup: Checkpoint Systems turns a profit in 4Q, DTE Energy earnings slide 7 percent

Earnings roundup: Checkpoint Systems, DTE Energy

Among the earnings stories for Tuesday, Feb. 23, from AP Financial News:

THOROFARE, N.J. (AP) — Checkpoint Systems Inc. said that it shifted to a profit in the fourth quarter from a year-ago loss weighed down by one-time items.

DETROIT (AP) — DTE Energy said that its fourth-quarter earnings slid 7 percent, mainly because of lower sale volumes at its Detroit Edison utility due to the weak economy and unseasonably warm weather.

BOISE, Idaho (AP) — Power company Idacorp Inc. said its fourth-quarter earnings more than doubled as revenue jumped at its utility.

COLUMBUS, Ohio (AP) — Energy company TransCanada said that its fourth-quarter earnings rose 21 percent, helped by higher profit from its natural gas storage operations and lower interest costs.

CHICAGO (AP) — A fleet of the nation’s biggest merchants reported mostly better fourth-quarter profits.

MARIETTA, Ga. (AP) — Graphic Packaging Holding Co. reported it moved to a fourth-quarter profit, partly due to a lift from alternative fuel tax credits.

LOUISVILLE, Ky. (AP) — Shares of Kindred Healthcare Inc. fell after the health care services company said its fourth-quarter profit fell 9 percent in what company officials called a difficult reimbursement environment for hospitals and nursing and rehabilitation centers.

NEWTON, Mass. (AP) — HRPT Properties Trust posted fourth-quarter funds from operations that were little changed from a year ago, while occupancy in its office buildings and industrial properties slipped amid the weak economy.