SPRINGFIELD, Mass. (AP) -- Smith & Wesson Holding Corp.'s fiscal fourth-quarter earnings dropped 37 percent, as higher marketing costs failed to boost sales, the gun maker said Thursday.

SANTA FE, N.M. (AP) -- Thornburg Mortgage Inc. said Thursday it swung to a $3.31 billion loss in the first quarter, and expects loan delinquencies to continue to increase "modestly" for the rest of the year.

SUNNYVALE, Calif. (AP) -- Wireless network component maker Finisar Corp. said Thursday its fiscal fourth-quarter loss narrowed as optical subsystems and components revenue jumped.