iStock_000005002727XSmall FMX | Connect – www.fmxconnect.com - (Reported 7/23/2010)


 

 

 

 

 

 

  • Euro weakens versus Dollar, Yen on speculation tests to reveal loan losses.
  • 3M net income climbs 43%; raises 2010 EPS view to $5.65-5.80 (prev $5.40-5.60).
  • Adidas posts 2Q results 'significantly above' market expectations.
  • Akzo Nobel says net profit rose 76% in 2Q thanks to sales growth.
  • Amazon's Q2 earnings rose 45% to $207M on a 41% increase in sales of $6.57B.
  • AmEx's Q2 profit rose to more than $1B from $337M, and Capital One's increased to $608M from $223M.
  • AT&T's Q2 net income jumps 25% to $4.0B; adds 1.6 million wireless accounts.
  • Bank of Ireland, Allied Irish said to pass EU's stress tests.
  • Bucyrus misses by $0.08, posts Q2 EPS of $0.89. Revenues rose 19.9% to $868.7M.
  • De Beers says diamond sales advanced 84% to $2.6B during H1.
  • E*Trade swings to $35M profit on lower loan loss provisions. Revs fell 14% to $534M.
  • Exelon Corp.'s Q2 earnings slid 32% to $445M, on higher charges & expenses.
  • Ford Q2 profits rose from $2.3B (with a $3.9B non operating gain) last year to $2.6B this year.
  • Ford bullish on bumpy Japan market after Asian manufacturing investments.
  • Goldman Sachs told U.S. investigators which counterparties it used to hedge AIG risk.
  • Honeywell's June net income up from $450M to $468M.
  • JFE Holdings plans to invest about $1B in India’s JSW Steel Ltd.
  • Kimberly Clark's June net income rises from $403M to $498M.
  • Microsoft 4Q Up 48% On Strong Windows 7, Office 2010 Sales.
  • Mosaic reported Q4 EPS of $0.89 as revenues rose 16.7% to $1.86B.
  • Murphy Oil announces plans to exit the refining business.
  • Olin reports EPS in-line, beats on revs; Reports Q2 EPS of $0.21. Revs rose 5.9%.
  • Quicksilver Resrcs to sell all of its interests in Quicksilver Gas Services for $1B.
  • Ryder's June net income up from $23M to $30M.
  • Reynolds' Q2 profit slips 9% to $341M, but snuff volume on the rise. Revs flat.
  • St. Jude Medical Inc. posted a 16% climb in Q2 earnings and raised its full-year f'cast.
  • Santander had 98.4% of the shares in its Puerto Rico unit BanCorp.
  • Schlumberger 2Q earnings increased 33%.
  • Verizon's June results: $1.5B gain last year, $200M loss this year.
  • Vodafone Q1 organic service revenue increased 1.1% to 10.6 billion pounds.

 

Source: ZeroHedge


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