Casey's General Stores Inc.'s second-quarter net income increased 73 percent as the convenience store operator benefitted from stronger sales at its growing network of stores and larger profit margins for gasoline. The company reported Tuesday that it earned $37.6 million, or 98 cents per share, for the quarter that ended Oct. 31. [Read the full article]

Men's Wearhouse Inc. said Tuesday its profit grew 58 percent in the fiscal third quarter as it raised prices and filled bigger orders, which offset its making fewer transactions per store. Its results topped Wall Street expectations and the company's shares jumped more than 8 percent in extended trading. Men's Wearhouse said its profit rose to $39.9 million, or 77 cents per share, from $25.3 million, or 47 cents per share. [Read the full article]

SAIC Inc., which provides technology for customers in government and industry, posted a third-quarter loss Tuesday after it took a $232 million provision to cover possible losses associated with New York's CityTime payroll system scandal. The company developed the program which far exceeded cost estimates, prompting a criminal investigation and the firing of three company officials involved in the project. SAIC posted a loss of $89 million, or 27 cents per share, for the quarter ended Oct. 31, compared with net income of $167 million, or 46 cents per share, a year ago. Excluding the provision, the company said it would have posted net income of $119 million, or 35 cents per share, compared with $151 million, or 41 cents per share, a year ago. Revenue was flat at $2.81 billion. Analysts surveyed by FactSet expected 34 cents per share on revenue of $2.73 billion. [Read the full article]

Mitcham Industries Inc., which leases seismic equipment to oil and gas explorers, said Tuesday that third-quarter profit and revenue rose on strong demand from Latin America and in gas-holding shale formations of the United States. The company predicted strong results in Russia and Canada this winter, and it said it was encouraged by the amount of inquiries and orders for long-term work. The shares rose 62 cents, or 3.9 percent, to $16.34 in lighter-than-usual volume for regular trading before the report. They jumped $2.27, or 14 percent, to $18.61 in after-hours trading. Net income in the quarter ended Oct. 31 jumped to $6.8 million, 52 cents per share, from $727,000, or 7 cents per share, a year ago. Revenue rose to $28 million from $20 million. [Read the full article]