Earnings roundup: TreeHouse Foods, Kemet
Earnings roundup: TreeHouse Foods reports 1Q rise; Kemet's loss widens
Among the earnings stories for Thursday, May 9, from AP Business News:
— TreeHouse Foods Inc. reported a 4 percent increase in its first-quarter net income as the food maker's revenue improved on recent acquisitions.
— Electronic capacitor maker Kemet Corp. said that its fiscal fourth-quarter loss widened and announced the elimination of about 202 jobs.
— The AES Corp. reported a 76 percent drop in its first-quarter net income, as the company's results were hit by a one-off settlement over a power plant, foreign-exchange rates and sliding revenue.
