Earnings roundup: TreeHouse Foods, Kemet

Earnings roundup: TreeHouse Foods reports 1Q rise; Kemet's loss widens

Associated Press

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.

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