Reuters - Wall Street earnings are "unlikely" to recover in the second half of this year meaning New York City's fiscal deficits could soar above the mayor's forecasts, the state comptroller warned on Monday.

AP - Kraft Foods Inc. reported growth in the second quarter Monday, as consumers, undeterred by price increases, abandon restaurants for less costly meals at home and the company benefits from its restructuring plan.

AP - Netflix Inc.'s second-quarter profit crept up 4 percent, beating analyst expectations as the online DVD rental leader signed up 168,000 new customers while spending less money to attract them to the service.

Reuters - Honda Motor Co's (7267.T) quarterly earnings handily beat market estimates but it cut its annual profit and global car sales forecasts as it battles with rising costs for raw materials and a crumbling U.S. auto market.

AP - South Korea's Samsung Electronics said Friday that second-quarter net profit grew 51 percent compared with the same quarter last year led by its liquid crystal display and mobile phone businesses.

AP - Honda Motor Co. reported record profit for a fiscal first quarter Friday as sales growth in new markets offset the damage from a stronger yen and soaring material costs.

AFP - Swedish truckmaker Scania, which is majority-owned by Volkswagen, reported strong second-quarter profits on Friday, beating expectations but warning that 2009 could offer a bumpier ride.