Yahoo! Finance: Earnings News
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| 1. [$$] India s ICICI Bank Posts 17% Profit (at The Wall Street Journal) |
| ICICI Bank Posts 17% Profit ICICI Bank of India reported higher net profit for the first quarter, while total revenue fell. |
| 2. ICICI Bank profit up 17 percent on better loans (AP) |
| ICICI Bank, India s largest private sector bank, said quarterly profit rose 17 percent as it cut costs and eliminated bad loans amid revived credit demand in India s growing economy. |
| 3. [$$] Merck Takes Hit From Merger (at The Wall Street Journal) |
| Merck s Profit Falls 52% Merck reported a 52% drop in profit, as the drug maker booked merger and restructuring costs. Now Reporting: Track 150 companies See latest earnings news Drug Deals Meet Resistance |
| 4. /C O R R E C T I O N from Source -- Scotiabank/ (CNW Group) |
| Grupo Scotiabank today announced results for the second quarter of 2010. Scotiabank Mexico s second quarter consolidated net income was Cdn$54 million , compared to Cdn$32 million in the same quarter last year. |
| 5. Homebuilder MDC Holdings trims 2Q loss (AP) |
| Homebuilder and mortgage company MDC Holdings Inc. said Friday it trimmed its second-quarter loss from a year ago as a surge in home closings helped boost revenue by 67 percent. |
| 6. Higher prices lift Middlesex Water s 2Q net income (AP) |
| Middlesex Water Co. said Friday its second-quarter net income jumped 57 percent on sales growth driven by higher base rates and increased water demand. |
| 7. BorgWarner: Auto production up (Investor s Business Daily) |
| The auto parts maker swung to a Q2 profit of 78 cents a share, 11 cents above views, helped by higher int l vehicle production. Sales jumped 55% to $1.42 bil, beating views. BorgWarner raised its full-year EPS outlook to $2.60-$2.80, above views for $2.42. |
| 8. [$$] Chevron Profit Soars (at The Wall Street Journal) |
| Chevron Profit Soars Chevron s second-quarter earnings more than tripled, driven by higher oil prices and a surge in refining earnings. |
| 9. Arch Coal sees strong 2nd half (Investor s Business Daily) |
| The coal mining company swung to a Q2 profit of 43 cents ex items, topping views by 18 cents. Revenue rose 40% to $764.3 mil, slightly below views. Arch Coal said hot summer weather and increased use of power boosted coal sales to electrical utilities. |
| 10. HMS Holdings (Investor s Business Daily) |
| HMS Holdings , a provider of claims management services, said Q2 EPS rose 33% to 32 cents, matching views, as revenue grew 31% to $70.7 mil, beating views of $68.9 mil. It backed its full-year EPS forecast of $1.38, below views of $1.42. |
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