Earnings roundup: Viacom 2Q profit, sales slide; acquisition lowers Teva Pharmaceutical net

Earnings roundup: Viacom, Teva Pharmaceutical

Among the earnings stories for Tuesday, July 28, from AP Financial News:

NEW YORK (AP) — Viacom Inc. said Tuesday its second-quarter profit tumbled 32 percent as revenue fell amid a weak advertising market, slower video game sales and lower box-office results.

NEW YORK (AP) — Teva Pharmaceutical Industries Ltd., the world’s largest generic drugmaker by revenue, said its profit slipped 2 percent in the second quarter due to expenses related to its purchase of Barr Pharmaceuticals.

BELLEVUE, Wash. (AP) — Truck maker Paccar Inc. on Tuesday reported its second-quarter profit tumbled 92 percent as the weak economy hurt freight shipments and truck sales.

PASADENA, Calif. (AP) — Jacobs Engineering Group Inc. said late Monday its fiscal third-quarter profit fell 13 percent as the engineering and construction company’s government contracting business failed to offset declines in its private sector markets.

CORAL GABLES, Fla. (AP) — Fresh Del Monte Produce Inc. said Tuesday that its second-quarter profit climbed 25 percent on higher selling prices for bananas combined with supply shortages.

MINNEAPOLIS (AP) — PepsiAmericas Inc., the second-largest Pepsi bottler, said Tuesday that its second-quarter profit fell 32 percent, weighed down by the stronger dollar and charges related to a joint venture.