FMX | Connect – www.fmxconnect.com - (Reported 7/21/2010)
- Asian stocks gain on Apple profit; Dollar drops before Bernanke testimony.
- BOJ Deputy Yamaguchi says volatility rising in sign of Japan recovery risk.
- China stocks rise for 3rd day on new energy, domestic consumption policies.
- Finance Ministry sells 7-year China bonds at 2.76% yield, trader says
- Oil rose above $78 a barrel.
- Senate set to approve extension of US unemployment benefits for millions.
- U.S. Census Bureau said single-family housing starts in June fell by 0.7%.
- Apache confirms it will accquire BP assets in Permian Basin, Canada and Egypt for $7B.
- Apple Inc.'s quarterly profit surged 78%, as revenues climbed 6% to $15.7B.
- Airgas's June net income rose from $55M to $65M.
- Biogen Idec's Q2 net more than doubled; ups full year EPS view to 'more than $4.70'.
- Boston Scientific reported 38% fall in Q2 profits to $98M as revs fell 6.7% to $1.93B.
- BP to sell $7 billion of assets to Apache to help pay for Gulf spill cleanup
- China's Camelot Information starts trading prices IPO at low end of range.
- Coca Cola's July net income up from $2.0B last year to $2.4B this year.
- Gilead Sciences' Q2 profit rose 25% to $712.1M as revs rose 17% to $1.93B.
- Goldman Sachs' profit falls 82% to $613M, misses estimates on trading-revenue drop.
- Mitsubishi UFJ said it may spend more than $5.7B to acquire more U.S. banks.
- Nokia bags $7B contract to deploy & maintain a new U.S. mobile broadband network.
- PepsiCo's earnings dropped 3% to $1.6B amid costs to integrate its bottlers.
- Ryanair remains cautious for 2010 balance, posts 24% decline in Q1 profits.
- Sara Lee Corp. is exploring a sale of its struggling North American bakery business
- SLM Corp posted Q2 EPS of $0.39 per share, $0.10 better than consensus est. of $0.29.
- TD Ameritrade's Q2 earnings rose 5.2% to $179.4M, beating analysts' estimates.
- Texas Instruments' Q2 profit tripled, but revenue came in below consensus estimates.
- Toyota subpoenaed again to submit docs related to problems with steering relay rods.
- UAL Corp's Q2 profit soared to $273M amid a 28% rise in revenue at $5.2B.
- United Rentals beats by $0.55, posts Q2 EPS of $0.25. Revs fell 9.4% to $557M.
- UnitedHealth Group's Q2 net rises 31% to $1.12B, on lower costs. Revs up 7%.
- Yahoo revenue of $1.13B, fell short of analysts' estimates on lower ad sales
Source: ZeroHedge
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