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.
The restaurant chain Chipotle and Comcast, the giant cable company, surged after reporting better results than Wall Street expected. PLUGGED IN: Comcast, the country's largest cable company, reported quarterly profits that topped Wall Street's targets, as more people signed up for Internet service. Comcast gained 81 cents, or 1.5 percent, to $54.63.
July 22- United Technologies Corp posted an 8 percent increase in quarterly profit, topping estimates, as sales of its elevators and aircraft parts helped offset a sluggish performance in its Pratt& Whitney engine business.
July 22- Newspaper and broadcast company Gannett Co reported higher revenue and earnings on Tuesday, benefiting from its acquisition of Belo's TV stations.
July 22- Gannett Co, the largest newspaper chain in the United States and publisher of USA Today, reported higher revenue and earnings on Tuesday, benefiting from its acquisition of Belo's TV stations. The company said total second-quarter revenue increased 12.1 percent to $1.46 billion from a year earlier.
Earnings/shr $1.20 vs est $1.17. July 22- Omnicom Group Inc, the largest U.S. advertising company, reported better-than-expected quarterly revenue and profit as ad spending rose, particularly in the United States.
July 22- McDonald's Corp's quarterly profit slipped about 1 percent as comparable sales in its struggling U.S. business fell, hurt by lower consumer traffic. The company's net income fell to $1.39 billion, or $1.40 per share, in the second quarter ended June 30 from $1.40 billion, or $1.38 per share, a year earlier.
OAK BROOK, Ill.— McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag. The company, based in Oak Brook, Illinois, hasn't managed to raise the figure since October. A stronger performance in the unit encompassing Asia, the Middle East and Africa helped offset a decline in Europe.
July 22- Rockwell Collins Inc, a maker of avionics and other electronics systems for aircraft, reported a better-than-expected quarterly profit, helped by higher deliveries. Net profit fell to $158 million, or $1.15 per share, in the third quarter ended June 30, from $164 million, or $1.20 per share, a year earlier.
Muhtar Kent, Coca-Cola chairman & CEO, shares his thought on David Winter's comments that Coca-Cola needs to restore credibility with investors. Our equity plan is a good plan approved by the shareholders, says Kent.
Muhtar Kent, Coca-Cola chairman & CEO, shares his company's plans to grow its sparkling beverage brands globally.
ATLANTA— Coca-Cola Co. reported quarterly sales that fell short of Wall Street estimates on Tuesday as demand remained weak for Diet Coke in North America. Globally, the world's biggest beverage maker said sales volume rose 3 percent, boosted by gains in places including the Middle East and South Africa.
July 22- Comcast Corp, the largest U.S. cable operator, reported a better-than-expected quarterly profit, helped by strong growth in high-speed internet subscribers. Net income attributable to Comcast rose to $1.99 billion, or 76 cents per share, in the second quarter ended June 30, from $1.73 billion, or 65 cents a share, a year earlier.
Some of the names on the move ahead of the open.
July 22- Health insurer Centene Corp reported a 24 percent jump in quarterly profit, beating market estimates for the sixth straight quarter, as the company's premium and services revenue surged after it expanded in Florida, Ohio and California.
McDonald's quarterly profit slipped about 1 percent as comparable sales in its struggling U.S. business fell, hurt by lower consumer traffic.
July 22- Coca-Cola Co reported a 3 percent fall in quarterly net profit due to restructuring of its juice operations in Russia and the separation of its Brazilian bottling operations last year.
*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 it benefited from a change in pension plans for some non-union employees.
*Q2 oper earnings $1.93/ shr vs. est $2.07/ shr. July 22- Property and casualty insurer Travelers Cos Inc's quarterly earnings fell short of analysts' estimates as hail and wind storms in the United States increased catastrophe losses.