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.
Robert Cihra, Evercore Partners tech & hardware analyst, addresses Apple's margin issues and when the iPhone 6 will ship.
With Apple set to reports earnings after the closing bell, CNBC's Josh Lipton reviews what analysts are expecting from the tech titan.
July 22- Comcast Corp reported a better-than-expected rise in quarterly profit, helped by the highest subscriber additions in its high-speed internet business for six years and improved profitability at its NBC Universal unit.
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- 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..
Analysts expected the company to report nearly $38 billion in revenue, but even more, they were also looking for clues on new products to come.
David Palmer, RBC Capital Markets, breaks down Chipotle's sales acceleration and earnings beat and explains the miss for McDonald's.
*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.
MCLEAN, Va.— Gannett Co. on Tuesday reported earnings that nearly doubled in its second quarter, and topped analysts' expectations. The Mclean, Virginia- based company said net income increased to $208.5 million, or 90 cents per share, from $113.6 million, or 48 cents per share, in the same quarter a year ago.
But at Verizon Communications, "wireless margins came under just a bit of pressure," a top analyst tells CNBC.
ST. LOUIS— Peabody Energy Corp. on Tuesday reported a second-quarter loss after posting a profit in the same period a year earlier. The St. Louis- based company reported a loss of $73.3 million, or 27 cents per share, compared with a profit of $90.3 million, or 33 cents per share, in the same quarter a year earlier.
Netlfix says earnings more the doubled in Q2 as global subscriptions beat expectations. The "Squawk on the Street" news team discusses the trajectory of the streaming giant.
NEW YORK— The Travelers Cos. on Tuesday reported net income that decreased by 26 percent in its second quarter, and missed analysts' expectations. The New York- based company said earnings dropped to $683 million, or $1.95 per share, from $925 million, or $2.41 per share, in the same quarter a year earlier.
NEW YORK— Omnicom Group Inc. on Tuesday reported net income that climbed by 13 percent in its second quarter, and topped analysts' expectations. The New York- based company said net income increased to $318.9 million, or $1.23 per share, from $281.7 million, or $1.09 per share, in the same quarter a year ago.
MILWAUKEE— Harley-Davidson Inc. on Tuesday reported net income that climbed by 30 percent in its second quarter, and topped analysts' expectations. The Milwaukee- based company said earnings rose to $354.2 million, or $1.62 per share, from $271.7 million, or $1.21 per share, in the same quarter a year earlier.
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.
NEW YORK— Solid earnings for a range of big companies helped nudge the stock market higher on Tuesday. The restaurant chain Chipotle and the cable giant Comcast surged after reporting better results than Wall Street expected. COMMENT: "The news today is pretty good," said JJ Kinahan, chief strategist at TD Ameritrade.
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.