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    Corporate Earnings Headlines
    US Bancorp second-quarter profit falls 18 percent (AP)

    A customer who did not want to give his name talks to a security officer (R) at a closed branch of IndyMac Bank in Burbank, California, July 11, 2008. Mortgage lender IndyMac Bancorp Inc was taken over by the Federal Deposit Insurance Corp on Friday, which will run the bank while it looks for a buyer. IndyMac is the second-largest financial institution in U.S. history to close. The customer and security officer were involved in a brief altercation when the customer was refused to enter into the bank, which resulted in police being called to the scene. No charges were filed. (Fred Prouser/Reuters)AP - U.S. Bancorp's second-quarter earnings fell 18 percent, missing analysts' expectations, as the company more than tripled its provision for credit losses but offered assurances that its credit problems would continue to be manageable. Shares fell nearly 3 percent.


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    Tue, 15 Jul 2008 21:22:15 GMT - Yahoo! News: Earnings News
    Strong Processor, Chip Demand Spurs Intel Earnings (PC World)
    PC World - Driven by strong processor sales, Intel earnings rose 25 percent in the second quarter of 2008 compared to the same period... -- read full article
    Tue, 15 Jul 2008 21:30:12 GMT - Yahoo! News: Earnings News
    Sun Micro shares up on preliminary earnings (Reuters)
    Reuters - High-end computer maker Sun Microsystems Inc on Tuesday posted lower preliminary fourth quarter results that were largely in line with Wall Street forecasts, but sparked a rally in its stock by investors who had feared worse results. -- read full article
    Wed, 16 Jul 2008 00:43:53 GMT - Yahoo! News: Earnings News
    Intel 2Q profit jump reflects healthy PC demand (AP)

    In this April 14, 2008 file photo, an Intel sign is shown in front of Intel Corp. headquarters in Santa Clara, Calif.  Intel Corp. is scheduled to report second-quarter results after the market close Tuesday, July 15, 2008. (AP Photo/Paul Sakuma, file)AP - Worried that the ailing U.S. economy has spilled abroad and hurt global PC sales, investors had subdued expectations for Intel Corp. in the second quarter. Intel is the world's largest computer chip maker, and its fortunes rise and fall with swings in PC demand.


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    Wed, 16 Jul 2008 04:25:05 GMT - Yahoo! News: Earnings News
    Eaton profit rises 35 percent (Reuters)
    Reuters - Diversified manufacturer Eaton Corp reported higher quarterly profit on Tuesday on strength in its electrical and hydraulic segments, but said the balance of the year will be weaker than it had predicted earlier. -- read full article
    Tue, 15 Jul 2008 11:36:33 GMT - Yahoo! News: Earnings News
    Grainger posts higher quarterly earnings (Reuters)
    Reuters - Industrial supplier W.W. Grainger Inc on Tuesday posted higher quarterly earnings, citing market share gains that fueled sales growth. -- read full article
    Tue, 15 Jul 2008 12:12:39 GMT - Yahoo! News: Earnings News
    U.S. Bancorp profit misses view as loan losses mount (Reuters)
    Reuters - U.S. Bancorp posted a larger-than-expected 18 percent decline in quarterly profit on Tuesday after housing-related losses caused it to triple the amount it set aside for bad loans. -- read full article
    Tue, 15 Jul 2008 16:41:23 GMT - Yahoo! News: Earnings News
    US Bancorp second-quarter profit falls 18 percent (AP)
    AP - U.S. Bancorp said Tuesday its second-quarter earnings fell 18 percent as it more than tripled its provision for credit losses. The bank missed analysts' earnings expectations, but its stock price rose more than 1 percent. -- read full article
    Tue, 15 Jul 2008 17:17:48 GMT - Yahoo! News: Earnings News
    Johnson & Johnson posts 8 pct profit jump in Q2 (AP)
    AP - Health-care giant Johnson & Johnson on Tuesday beat Wall Street expectations with an 8 percent jump in second-quarter profit, thanks to strong consumer sales and the weak dollar inflating sales overseas. -- read full article
    Tue, 15 Jul 2008 17:35:16 GMT - Yahoo! News: Earnings News
    First Horizon posts loss, names CEO (Reuters)
    Reuters - First Horizon National Corp , the largest bank in Tennessee, said on Monday that it reported a second-quarter loss, amid continuing difficulties in the credit markets. -- read full article
    Tue, 15 Jul 2008 01:38:38 GMT - Yahoo! News: Earnings News
    Associated Banc-Corp profit lags Wall Street (Reuters)
    Reuters - Associated Banc-Corp , a U.S. Midwest banking company, reported quarterly profit well below Wall Street estimates, weighed down by an eleven-fold increase in provision for bad loans. -- read full article
    Mon, 14 Jul 2008 11:17:12 GMT - Yahoo! News: Earnings News
    Philips profit skids despite good sales (AP)
    AP - Royal Philips Electronics NV, the world's largest maker of lighting products, said Monday its second-quarter profit fell by more than half, despite resilient sales in a battered global economy. -- read full article
    Mon, 14 Jul 2008 14:37:26 GMT - Yahoo! News: Earnings News
    Wall Street's woes escalate ahead of earnings wave (AP)

    Traders work on the floor of the New York Stock Exchange on Friday, July 11, 2008 in New York. Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday — stocks tumbled, soared and then turned south again as investors tried to assess the dangers faced by the country's biggest mortgage financiers, Fannie Mae and Freddie Mac.  (AP Photo/Jin Lee)AP - Investors can't seem to catch a break — Wall Street again starts a week with oil prices at their highest levels yet, and banks poised to reveal that they remain on shaky footing.


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    Sun, 13 Jul 2008 18:10:54 GMT - Yahoo! News: Earnings News
    GE profit falls, meets estimates, sells loan unit (AP)
    AP - General Electric Co. reverted to form with no big surprises in its latest earnings report, and investors shocked by an unexpected profit shortfall three months ago showed their appreciation. -- read full article
    Fri, 11 Jul 2008 20:52:48 GMT - Yahoo! News: Earnings News
    Price Of Oil, New Production Pump Up Triple-Digit Earnings Gains (Investor's Business Daily)
    Investor's Business Daily - Drivers know Murphy Oil as the operator of low-price gas stations in Wal-Mart parking lots in 20 states. -- read full article
    Fri, 11 Jul 2008 22:12:32 GMT - Yahoo! News: Earnings News
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