Earnings roundup.Earnings Roundup: Molina Healthcare Inc. reported a second-quarter net loss of $4.7 million, compared with net income of $12 million for the like period a year earlier. Revenue for the Long Beach-based HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, was up 62 percent, to $404.3 million. Salem Communications Salem Communications (NASDAQ: SALM) is a media company specializing in religious and conservative talk radio which operates in the United States, with 99 U.S. commercial radio stations (pending acquisitions) that are primarily concentrated in the nation's biggest markets, Corp. reported second-quarter net income of $2.2 million, compared with a net loss of $163,000 for the like period a year earlier. Revenues for the Camarillo-based Christian broadcaster were up 8.2 percent to $54.3 million. Edison International Edison International (NYSE: EIX) is a public utility holding company based in Rosemead, California. Its subsidiaries include Southern California Edison, and un-regulated non-utility assets Edison Mission Energy, a power producer, and Edison Capital. , parent of Southern California Edison Southern California Edison (or SCE Corp), the largest subsidiary of Edison International (NYSE: EIX), is the primary electricity supply company for much of Southern California. It provides 11 million people with electricity. Co., reported second-quarter net income of $201 million, compared with a net loss of $374 million for the like period a year earlier. (The 2004 results were hurt by a charge from a lease termination at an Illinois power station.) Revenue for the Rosemead-based energy company rose 3 percent, to $2.65 billion. Walt Disney Noun 1. Walt Disney - United States film maker who pioneered animated cartoons and created such characters as Mickey Mouse and Donald Duck; founded Disneyland (1901-1966) Disney, Walter Elias Disney Co. reported third-quarter net income of $851 million, compared with $604 million for the like period a year earlier. Revenue for the Burbank-based media giant rose 3 percent, to $7.7 billion. |
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