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  • July 22- Chipmaker Xilinx Inc forecast disappointing revenue for the second quarter after reporting lower-than-anticipated first-quarter sales due to weak sales to telecom, aerospace and defense customers.

  • Juniper revenue rises on higher telecom spend Tuesday, 22 Jul 2014 | 4:15 PM ET

    July 22- Network gear maker Juniper Networks Inc reported a 7 percent rise in quarterly revenue, helped by higher spending by telecom carriers to ramp up networks. Net income rose to $190.3 million, or 40 cents per share, in the second quarter ended June 30, from $142.6 million, or 29 cents per share, a year earlier. Revenue rose to $1.23 billion from $1.15 billion.

  • *Several ministers call for arms embargo on Russia. BRUSSELS, July 22- The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days.

  • July 22- Coca-Cola Co is still grappling with a problem even as sales of traditional Coke rise in North America: U.S. consumers are drinking less diet soda. But Coke reported lower-than-expected quarterly revenue as sales volume in North America, its biggest market, was flat partly because of a decline in diet Coke sales.

  • *Q2 earnings $2.76/ share vs $2.64 a year earlier. July 22- Lockheed Martin Corp, the Pentagon's largest defense supplier, reported a 3.5 percent rise in quarterly profit on Tuesday and raised its full-year earnings forecast, sending its shares up more than 2 percent.

  • *Several ministers call for arms embargo on Russia. BRUSSELS, July 22- The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner, but it delayed action for a few days.

  • JAKARTA, July 22- Indonesia's new president Joko "Jokowi" Widodo said he wants to sit down with mining companies and other parties in a bid to resolve a row over mining policies that has halted $500 million of metal exports a month in Southeast Asia's biggest economy.

  • July 22- Verizon Communications Inc, the largest U.S. wireless telecommunications company, on Tuesday reported better-than-expected quarterly revenue on a jump in wireless customers and a surge in tablet sales. The increase in customers is a boost for Verizon, which has been reluctant to follow rivals like T-Mobile US Inc which have discounted aggressively.

  • *Mozambique coal ambitions face setback in depressed market. MAPUTO, July 22- A Thai-Mozambican consortium has set a 2018 target to commission a $4.5 billion coal export railway and port terminal project in central Mozambique, but the depressed global coal prices outlook made the timing "tough", the company's president said.

  • July 22- Coal miner Peabody Energy Corp reported a smaller-than-expected quarterly loss, helped by stronger price realizations in the United States and higher sales volumes in Australia.

  • July 22- Omnicom Group Inc, the No.1 U.S. advertising company, said it was sticking with its annual organic revenue growth target, showing little effect from its aborted $35 billion merger with France's Publicis Groupe. Omnicom shares, which have gained 9 percent since the deal fell apart in May, rose as much as 1.4 percent on Tuesday.

  • BRUSSELS, July 22- The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine, but failed to back tough talk with any immediate action after France's president signalled the disputed delivery of a warship to Moscow would go ahead.

  • Airlines scrap Israel flights over missile fear Tuesday, 22 Jul 2014 | 11:07 AM ET

    In a sign of increased caution about flying near combat zones, U.S. and European airlines halted flights to Israel Tuesday after a rocket landed near Tel Aviv's Ben Gurion Airport. Delta Air Lines and United Airlines suspended service between the U.S. and Israel indefinitely.

  • July 22- Quarterly profit at McDonald's Corp fell more than expected after established restaurants in its struggling U.S. division turned in a third straight quarterly sales decline and results from Europe also logged a surprise drop.

  • July 22- Verizon Communications Inc, the largest U.S. wireless telecommunications company, reported better-than-expected quarterly revenue on a jump in wireless customers and a surge in tablet sales. The dramatic increase in customers is a boost for Verizon, which has moved cautiously amid some of the deepest promotions the industry has seen.

  • July 22- Netflix Inc's planned expansion in Europe will set the video streaming company up for growth, but will increase content and marketing expenses in the near term, analysts said.

  • July 22- Rockwell Collins Inc, a maker of avionics and other electronics systems for aircraft, on Tuesday reported a better-than-expected quarterly profit, aided by higher deliveries of equipment for planes such as the Boeing 787..

  • *Raises 2014 profit forecast to $10.85- $11.15/ share. July 22- Lockheed Martin Corp, the Pentagon's largest defense supplier, reported a 3.5 percent rise in quarterly profit as higher interest rates lowered its pension liability.

  • July 22- McDonald's Corp reported a lower-than-expected quarterly profit as comparable sales in its struggling U.S. business fell for the third straight quarter and sales in Europe declined for the first time in four quarters.

  • July 22- Ingersoll-Rand Plc, the maker of Trane airconditioners and Thermo King refrigeration units, raised its current-year profit forecast as it expects the construction and industrial markets to grow. Ingersoll-Rand raised its full-year forecast for adjusted earnings from continuing operations to $3.18- $3.26 per share, from $3.05 to $3.20.