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WHITE PLAINS, N.Y. (AP) - ITT Corp. said Friday its second-quarter profit jumped about 3 percent as sales surged across all its business units. 8:02 AM ET More Associated Press News NEW YORK (MarketWatch) -- Black & Decker Corp., the Towson, Md., toolmaker, reported second-quarter net income fell 22% on 3.4% lower revenue. Earnings fell to $96.7 million, or $1.61 a share, from $118 million, or $1.80, in the year-earlier period. Revenue fell to $1.64 billion from $1.7 billion. A survey of analysts by FactSet Research produced a consensus estimate of $1.43 of profit. A favorable tax rate contributed 12 cents a share to the latest earnings, enabling BDK to exceed estimates, Chairman and Chief Executive Officer Nolan D. Archibald said in a statement. "Weak demand in the At MarketWatch 7:55 AM ET More MarketWatch News Shares drop on reports that JPMorgan is putting together a consortium bid to break up the bank. At Forbes 7:51 AM ET More Forbes News Guests from Que and Diskeeper Corporationwill appear on radio talk show Let's Talk Computers. Que Publishing is acompany of Pearson Education, the world's largest education publisher and aPearson (NYSE: PSO) company. Diskeeper® Corporation is the undisputedleader in defragmentation technology. 8:00 AM ET More Market Wire News Berry Petroleum Company (NYSE:BRY) earned net income of $49 million, or $1.08 per diluted share, for the three months ended June 30, 2008, up 128% from net income of $21.4 million, or $.48 per 8:03 AM ET More Business Wire News Net income of $90 million in Q2 2008 up from $4 million in Q2 2007SOUTHFIELD, Mich., July 25 /PRNewswire-FirstCall/ -- Federal-Mogul
Corporation (Nasdaq: FDML) today reported record second quarter 8:02 AM ET More PR Newswire News |
Major U.S. stock indexes finished higher on Wednesday thanks to a batch of solid earnings reports, a Congressional vote on legislation supporting the government-sponsored mortgage providers and another substantial drop in oil prices due to higher refined product supplies. 7/24/08 8:00 PM ET More BusinessWeek News We're back in the same predicament, and more bank runs could be the result. At TheStreet.com 7:09 AM ET More TheStreet.com News LDK Solar signed contract to purchase JYT Furnaces Co announced that it has signed a contract to purchase production equipment from China-based JYT Corporation. Under this contract, co will purchase 7:57 AM ET More Briefing.com News NAPERVILLE, Ill., July 25, 2008 (PRIME NEWSWIRE) -- Nalco Company (NYSE:NLC), the leading global provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications, today announced that it has signed a definitive agreement to sell its Finishing Technologies surface treatment business to Rockwood Holdings for $75 million. 8:00 AM ET More PrimeNewswire News |
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