Earnings roundup: Time Warner, Garmin

Among the earnings stories for Wednesday, Nov. 4, from AP Financial News:

Media conglomerate Time Warner Inc. reported a 38 percent drop in third-quarter profit after being hurt by declines at its AOL and publishing segments.

Navigational device maker Garmin Ltd. reported a 24 percent increase in third-quarter profit as lower costs offset a drop in sales.

Shares of Blackboard Inc. jumped to a 14-month high a day after the educational software developer said its third-quarter profit rose nearly quintupled.

Television broadcasting company Sinclair Broadcast Group Inc. said its third-quarter profit increased 47 percent, helped by lower taxes and expenses.

Vitacost.com Inc., an online retailer of nutritional supplements and health and wellness products, said it took a larger loss in the third quarter due to costs connected to its initial public offering in September.

Medical device maker Integra LifeSciences Holdings Corp. reported a third-quarter profit, reversing a year-ago loss, on a drop in costs and expenses.