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Results round-up: AMR, Piper Jaffray

 

Thursday, Apr 16,2009, 2:05:26 PM   Click:

Copyright: The Associated Press. All rights reserved. May This material may not be published, broadcast, rewritten or redistributed.
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Among the earnings stories for Wednesday, April 15 from AP Financial News:

DALLAS (AP) _ American Airlines parent AMR Corp. says it lost $ 375 million in the first quarter as fewer people flew during the recession that it was a year ago, wiping out the benefits of cheaper fuel .

MINNEAPOLIS (AP) _ Investment bank Piper Jaffray Cos. said Wednesday that its first quarter loss widened, but the results were better than analysts had expected.

MAYFIELD VILLAGE, Ohio (AP) _ Progressive Corp. said Wednesday its first quarter fell 3 percent of the benefits that the auto insurer was hurt by investment losses during the month of March.

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