While investors will be focused on Amazon's giant e-commerce business when it reports earnings Thursday, its future is tied to Prime.
July 24- Dunkin' Brands Group Inc cut its full-year forecasts on Thursday, as its U.S. Dunkin' Donuts shops battled fierce competition from fast-food rivals like McDonald's Corp and as high milk prices softened profits from its international Baskin-Robbins ice cream business.
DEARBORN, Mich., July 24- Ford Motor Co reported second-quarter operating earnings that beat expectations thanks to record profit in North America, boosting its shares more than 1 percent in early trading.
July 24- Shares of Facebook Inc hit a record high on Thursday after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' expectations for quarterly profit and revenue.
NEW YORK— The U.S. stock market is opening slightly higher as several big companies across industries report second-quarter earnings. It reported second-quarter earnings early Thursday that climbed 6 percent on gains in Europe.
July 24- D.R. Horton Inc, the No.1 U.S. homebuilder, reported a 23 percent slump in third-quarter profit, hurt by an impairment charge, mainly on properties in the weak Chicago market. D.R. Horton reported a 15 percent drop in home deliveries in both the Midwest and the Southwest in the quarter ended June 30.
NEW YORK, July 24- U.S. stocks opened slightly higher on Thursday, following a record close on the S&P 500 index, lifted by strong job market data in the United States and overseas factory readings, while better than forecast results sent Facebook shares rallying.
July 24- Eli Lilly and Co's quarterly revenue plunged due to generic competition for its Cymbalta depression drug and its Evista osteoporosis treatment, but cost controls helped earnings beat forecasts.
July 24- Questcor Pharmaceuticals Inc posted a 39.5 percent rise in quarterly profit, helped by strong sales of multiple sclerosis drug Acthar. The company's net income rose to $96.4 million, or $1.54 per share, in the second quarter ended June 30, from $69.1 million, or $1.12 per share, a year earlier. Revenue jumped 51 percent to $278.8 million.
NEW YORK— The stock market idled on Thursday afternoon as investors digested second-quarter results from companies across several industries, including Facebook, Ford and Caterpillar. THE AUTOMAKERS: Ford rose 10 cents, or 1 percent, to $17.88 after reporting a 6 percent increase in second-quarter earnings to $1.3 billion.
EDEN PRAIRIE, Minn.— SuperValu Inc. on Thursday reported profit that decreased by 49 percent in its fiscal first quarter after receiving a large tax benefit a year ago. The Eden Prairie, Minnesota- based company said net income declined to $43 million, or 17 cents per share, from $85 million, or 34 cents per share, in the same quarter a year earlier.
OMAHA, Neb.— Union Pacific Corp. said Thursday that its quarterly profit climbed 17 percent as the railroad hauled 8 percent more freight and raised shipping rates. Union Pacific Chief Executive Jack Koraleski said those shipments show the economy is continuing to gradually improve.
CNBC's David Faber and Jim Cramer discuss the activist action on Interpublic Group by Elliott Management.
*Facebook rallies on results; market value near IBM's. *U.S. manufacturing data due; Europe, China upbeat. NEW YORK, July 24- U.S. stock index futures rose on Thursday, following a record close on the S&P 500 index, lifted by strong job market data in the United States and overseas factory readings, while better than forecast results sent Facebook shares rallying.
DALLAS— Southwest Airlines is reporting a record profit for the second quarter, more than doubling its earnings from a year ago. Southwest Airlines Co. is in the midst of several big changes, including phasing out the AirTran Airways brand, starting international flights on Southwest, and expansion in Dallas and other key markets.
CNBC's Jim Cramer discusses the earnings for Ford Motor. Cramer explains why he likes the report.
July 24- Southwest Airlines Co posted higher-than-expected quarterly profit on Thursday as it boarded more passengers and garnered higher air fares. Net income totaled $465 million, or 67 cents a share, in the second quarter, more than double the year-earlier profit of $224 million or 31 cents a share.
The "Squawk on the Street" news team breaks down Facebook's better-than-expected second quarter results. CNBC's Jim Cramer says Facebook told an amazing earnings story.
July 24- U.S. weapons maker Raytheon Co reported a 13 percent rise in second-quarter profit, helped by cost cutting and favorable pension adjustments, and maintained its full-year forecast. Raytheon has been expanding its presence in Europe, Asia and the Middle East and beefing up its global supply chain in the face of tightening U.S. defense budget.
*Adj Q2 profit of $1.98 a share compares with $1.95 estimate. American, the largest airline by traffic, which was formed from the late 2013 merger of US Airways and AMR Corp, declared a dividend of 10 cents a share for shareholders of record Aug. 4.