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Earnings roundup: Coca-Cola, McGraw-Hill

Tuesday - 2/12/2013, 12:10pm  ET

Among the earnings stories for Tuesday, Feb. 12, from The Associated Press:

Top stories:

-- Coca-Cola says its profit rose 13 percent in the fourth quarter as growth in emerging markets offset a decline in Europe and a modest performance in the U.S.

-- The McGraw-Hill Cos. swung to a loss in the fourth quarter as its transition to a financial information provider forced it to take a big, one-time charge.

Other stories:

-- Ryman Hospitality Properties Inc., owner of Gaylord Opryland and the Grand Ole Opry, lost money in its fourth quarter as it dealt with costs tied to converting itself into a real estate investment trust.

-- Paint and coatings maker Valspar's first-quarter net income dipped 1 percent, pressured by weaker-than-expected demand in some international markets.

-- Fossil Inc. said its fourth-quarter net income jumped 28 percent as demand grew for its watches, its Skagen acquisition gave a big boost and the company opened new stores.


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