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  • *Fed statement expected at 2 p.m. ET. In a recent congressional testimony, Fed Chair Janet Yellen neither ruled out a September interest rate hike nor guided the market toward thinking it was a done deal. The statement is expected at 2 p.m. ET.

  • *Crude futures rise over $1 a barrel before consolidating. NEW YORK, July 29- Oil prices jumped about 2 percent on Wednesday, springing from near six-month lows, after U.S. government data showed a surprisingly large crude stockpile draw that signaled the market may have been wrong in predicting slumping demand for energy. Crude futures have lost over $10 a barrel...

  • NEW YORK— Shares of Citrix Systems jumped 9 percent Wednesday after the cloud computing company, under pressure from a major shareholder, shook up its top leadership and said it was weighing the sale of all or portions of the company. The changes come six weeks after Elliott Management Corp., which has a 7.5 percent stake in Citrix, sent a letter to the board and...

  • CHICAGO— Exelon Corp. on Wednesday reported second-quarter net income of $638 million. Exelon expects full-year earnings in the range of $2.35 to $2.55 per share. Exelon shares have dropped 16 percent since the beginning of the year, while the Standard& Poor's 500 index has risen nearly 2 percent.

  • LAKE FOREST, Ill. _ Hospira Inc. on Wednesday reported second-quarter profit of $145.1 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. Hospira shares have climbed 46 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed almost 2 percent.

  • FALLS CHURCH, Va. _ General Dynamics Corp. on Wednesday reported second-quarter profit of $752 million. General Dynamics expects full-year earnings to be $8.70 to $8.80 per share. General Dynamics shares have climbed nearly 5 percent since the beginning of the year, while the Standard& Poor's 500 index has increased roughly 2 percent.

  • ATLANTA— Southern Co. on Wednesday reported second-quarter net income of $643 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Southern Co. shares have dropped 11 percent since the beginning of the year, while the Standard& Poor's 500 index has increased nearly 2 percent.

  • FALLS CHURCH, Va.— Shares of Northrop Grumman climbed Wednesday after the defense contractor posted a stronger-than-expected profit in the second quarter and raised its outlook for the year. Northrop Grumman Corp. reported lower sales from most of its businesses, but the aerospace unit, its largest, had a small increase in revenue and a bigger profit compared...

  • BOSTON _ American Tower Corp. on Wednesday reported second-quarter net income of $156.1 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. American Tower shares have declined 2 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 2 percent.

  • LOS ANGELES _ CBRE Group Inc. on Wednesday reported second-quarter earnings of $125 million. CBRE expects full-year earnings in the range of $1.90 to $1.95 per share. CBRE shares have climbed 10 percent since the beginning of the year, while the Standard& Poor's 500 index has increased nearly 2 percent.

  • KEEPING SCORE: France's CAC 40 rose 0.3 percent to 4,987.80 and Germany's DAX added almost 0.1 percent to 11,172.36. Britain's FTSE 100 gained 0.6 percent to 6,592.59. Wall Street was set to rise, with S&P 500 and Dow futures each 0.2 percent higher.

  • July 28- Twitter Inc's shares fell more than 11 percent in extended trade on Tuesday after the microblogging company said its number of monthly average users grew at the slowest pace since it went public in 2013.. "This is unacceptable and we're not happy about it," Jack Dorsey, who stepped in as interim chief executive on July 1, said on a call with analysts.

  • July 28- Panera Bread Co said on Tuesday that restaurant sales accelerated in the current quarter, suggesting it is beginning to tackle a service slowdown that dented its results, sending shares in the popular bakery-cafe chain soaring 8 percent in after hours trading. Panera said second-quarter net income fell 15 percent to $41.9 million, or $1.60 per share, in...

  • Procter& Gamble has named company insider David Taylor as president and chief executive effective Nov. 1. Procter& Gamble said Tuesday that Taylor will also join the board of directors. Shares of Procter& Gamble Co. rose 26 cents to close at $80.23 Tuesday, up 4 percent in the past 12 months.

  • July 28- Panera Bread Co said on Tuesday that sales at established company-operated restaurants have accelerated in the current quarter, sending shares up 7 percent to $200 in extended trading. Sales at company-owned bakery cafes open at least 18 months were up 2.4 percent in the second quarter, roughly in line with what analysts expected.

  • THE WOODLANDS, Texas _ Anadarko Petroleum Corp. on Tuesday reported second-quarter profit of $61 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for a loss of 53 cents per share. Anadarko Petroleum shares have decreased 12 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed roughly 2...

  • *Investors shrug off China's falling stocks. NEW YORK, July 28- U.S. and European stock markets climbed 1 percent or more on Tuesday, reversing five days of declines, as investors looked past China's equities sell-off and took buying cues from earnings and mergers news. "The S&P has had five down days in a row and a lot of people are starting to nibble," said Michael...

  • *Focus on corporate results eclipses China worry. *Twitter and Gilead up after the bell; Yelp drops. "The S&P has had five down days in a row and a lot of people are starting to nibble," said Michael Matousek, head trader at U.S. Global Investors Inc in San Antonio, which manages about $1 billion.

  • NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. SuperValu Inc., up 78 cents to $8.14. Masco Corp., up $2.47 to $25.63.

  • FAIRFIELD, Ohio _ Cincinnati Financial Corp. on Tuesday reported second-quarter net income of $176 million. Cincinnati Financial shares have climbed 2.5 percent since the beginning of the year, while the Standard& Poor's 500 index has increased roughly 2 percent. Keywords: Cincinnati Financial, Earnings Report.