SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Tuesday's session are Texas Instruments Inc., RightNow Technologies Inc. and CNet Networks Inc.
Among the companies whose shares are expected to see active trade in Tuesday's session are Texas Instruments Inc., RightNow Technologies Inc. and CNet Networks Inc.
ACE Limited (ACE) is expected to report earnings per share for the second quarter of $1.58, according to analysts polled by Thomson First Call.
Altria Group Inc. (MO) is expected to post per-share income for the second quarter of $1.37.
Amazon.com Inc. (AMZN) is expected to report per-share income of 7 cents for the second quarter.
AT&T Inc. (T) is expected to report second-quarter earnings per share of 53 cents.
Burlington Northern Santa Fe Corp. (BNI) is expected to report earnings per share for the second quarter of $1.22.
Colgate-Palmolive Co. (CL) is expected to post earnings per share of 72 cents for the second quarter.
Lockheed Martin (LMT) is expected to report per-share income for the second quarter of $1.16.
McDonald's Corp. (MCD) is expected to post earnings per share for the second quarter of 58 cents.
Sun Microsystems (SUNW) is expected to report a per-share loss of 3 cents for the fourth quarter.
United States Steel Corp. (X) is expected to post second-quarter earnings per share $2.38.
After Monday's closing bell, Texas Instruments (TXN) reported that second-quarter profit jumped nearly fourfold from a year ago, helped by the sale of a business unit, as sales rose 24% on higher demand for its chips used in cell phones.
RightNow (RNOW) stock dropped 17% after the business-software provider reported a quarterly loss and issued a financial forecast that fell short of Wall Street's expectations.
CNet (CNET) said it will delay reporting its net income for the second quarter until it completes a review of stock options granted to executives.
Alcon Inc. (ACL) said its second-quarter profit rose 43% on strong sales growth, as well as the reduction of a liability related to intellectual property suits that have been settled with Advanced Medical Optics Inc.
Altera Corp. (ALTR) reported its second-quarter sales rose 17% to $334.1 million over the same period last year. Altera didn't provide net income or profit-per share data because it plans to restate its financial results to correct errors related to stock-option accounting for the years 1996 to 2005.
Altus Pharmaceuticals Inc. (ALTU) shares plunged more than 33% in late trading after the company, citing production problems, delayed the start of two Phase III clinical trials that were due start in the second half of the year.
Atheros Communications Inc.'s (ATHR) reported second-quarter net earnings of $6.8 million, or 12 cents a share. In the same period last year, the Santa Clara, Calif.-based provider of semiconductor systems posted a net loss of $216,000, or breakeven on a per-share basis.
Brown & Brown Inc. (BRO) said second-quarter net income came in at $44.4 million, or 32 cents a share, up 20% from a year earlier when the insurance broker made $37 million, or 27 cents a share.
Capstone Turbine Corp. (CPST) said John Tucker has resigned as president, chief executive and a director, citing personal reasons. His resignation is effective July 31.
Centex Corp. (CTX) reported a 31% drop in fiscal first-quarter net income and cut its full-year earnings forecast as the homebuilder adjusts to what it called a "supply-driven correction" in the real estate market.
Covance Inc. (CVD) said second-quarter revenue rose as net income increased to $35 million, or 54 cents a share, from $29.6 million, or 46 cents a share, during the same period in the prior year.
Industrial products manufacturer Crane Co. (CR) reported second-quarter net earnings of $44.5 million, or 71 cents a share, up from $35.7 million, or 59 cents, a year ago. Revenue for the three months ended June 30 totaled $558 million, up 6% from $526 million.
CrossTex Energy L.P. (XTXI) (XTEX) said it has increased its quarterly distribution 1.9% to 54 cents from 53 cents a unit, payable Aug. 15 to unit holders as of Aug. 2. Additionally, CrossTex Energy Inc. raised its quarterly dividend 3.3% to 62 cents from 60 cents a share.
DeVry Inc. (DV) named Richard Gunst chief financial officer and treasurer, succeeding Norman Levine. Gunst has served as CFO of PepsiCo.'s Quaker Foods and Beverages unit
Eagle Materials Inc. (EXP) reported first-quarter net earnings of $59.1 million, or $1.16 a share, compared with $34.9 million, or 64 cents a share, during the year-ago period. The Dallas-based building materials company posted revenue of $260 million vs. $204.8 million.
Encysive Pharmaceutical Inc. (ENCY) said it has received an approvable letter from the Food and Drug Administration for Thelin, which is under review for the treatment of pulmonary arterial hypertension.
Everest Re (RE) reported record quarterly net income, while rival PartnerRe Ltd. unveiled lower net earnings, but both reinsurers were bullish about prices in some catastrophe-exposed parts of the market.
Forward Air Corp. (FWRD) said second-quarter revenue rose as net income increased to $13 million, or 41 cents a share, from $12 million, or 37 cents a share, during the same period in the prior year.
Hexcel Corp. (HXL) said its second-quarter income tax provision increased as net income fell to $17.6 million, or 18 cents a share, from $26.2 million, or 28 cents a share, during the same period in the prior year.
JDA Software Group Inc. (JDAS) said its quarterly profit tumbled 70% and revenue declined as sales of new software licenses fell by almost a third to meet the firm's recently lowered expectations.
Kraft Foods Inc. (KFT) posted a nearly 45% increase in quarterly earnings, lifted by cost cutting and higher sales volume.
Liberty Property Trust (LRY) reported second-quarter earnings of $68.5 million, or 76 cents a share, compared with $44.6 million, or 51 cents a share, in the same period last year.
Linn Energy LLC (LINE) said it has agreed to acquire certain oil and natural gas properties of Blacksand Energy LLC located in the Los Angeles basin for $291 million.
Nabors Industries Ltd. (NBR) said its second-quarter profit surged 77% on demand for its rigs and also forecast strong growth ahead for all the oil services company's divisions over the next couple of years. See full story.
Netflix Inc. said its second-quarter profit rose sharply on a 46% spike in revenue, but its outlook for the third quarter fell short of analysts' expectations.
Radyne Corp.'s (RADN) reported second-quarter earnings of $3.15 million, or 17 cents a share, compared with $2.08 million, or 12 cents a share, during the same period last year.
Reinsurance Group of America Inc. (RGA) reported second-quarter earnings of $63.6 million, or $1.01 a share, compared with $21.8 million, or 34 cents a share, last year.
Rent-A-Center Inc. (RCII) said second-quarter net income fell to $39.8 million, or 56 cents per share, from $41.7 million, or 55 cents a share, during the same period in the prior year. Analysts polled by Thomson First Call had expected per-share income of 52 cents.
SanDisk Corp. (SNDK) reported a fiscal second-quarter profit that rose 37% from a year ago as the maker of flash-memory products sold more than 15 million memory cards for use in mobile devices.
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