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Example Headline of Genre for Date
Asia markets edge higher as banks gain
AP - Asian stock markets edged higher in tepid trading Monday after the world's biggest economy shrank less than expected in the second quarter and banks rose on improving earnings.
Chinese developers line up for HK listings: report
AFP - Several Chinese developers are planning to raise billions of dollars by listing on the Hong Kong bourse to take advantage of a strong rebound in the housing market, a report said Monday.
China reliance a risk for commodities: Roubini
Reuters - China may have overstocked on commodities, risking a slowdown in buying and a correction in prices in the second half of this year, top economist Nouriel Roubini said on Monday, also reiterating that the global recession would continue until year-end.
World markets edge higher as banks, autos gain
AP - World markets edged higher Monday after the world's biggest economy shrank less than expected in the second quarter and banks rose on improving earnings.
Humana 2Q profit jumps 34 percent as premiums rise
AP - Health insurer Humana says second-quarter profit rose 34 percent on higher premiums from the company's Medicare and commercial insurance programs.
HSBC 1H profit down 57 percent
AP - HSBC Holdings PLC, the world's fifth-largest bank in terms of assets, reported a 57 percent fall in first-half profit as provisions for bad loans increased, one symptom of the world recession.
Is the Emerging-Markets Rally for Real?
BusinessWeek - Stock markets in China and Brazil continue to outperform U.S. markets such as the Standard & Poor's 500-stock index by a significant margin this year. The MSCI Barra Emerging Markets Index is up 45% year-to-date, quadruple the performance of American stocks. BusinessWeek Senior Writer Roben Farzad and Assistant Managing Editor Chris Power discuss what's behind the emerging-market gains and whether they can last.
US futures up sharply, extending gains overseas
AP - Fresh signs of healing in the manufacturing and banking industries are giving investors reason to try to extend a powerful July rally into a second month.
European stocks bank gains, London hits 2009 peak
AFP - Europe's main stock markets rallied on Monday, with London striking a 2009 high on the back of strong underlying profits at British banks Barclays and HSBC, dealers said.
World markets up on manufacturing recovery hopes
AP - World stock markets mostly rose Monday after economic data around the world encouraged hopes that the end of the recession is in sight and that some of the world's biggest economies may actually start to grow again in the third quarter.
Humana quarterly profit rises, helped by Medicare
Reuters - Health insurer Humana Inc posted a 34 percent rise in second-quarter profit on Monday, topping estimates, as an improved performance in its Medicare plans for the elderly offset a decline in earnings from its commercial business serving employers.
Tyson Foods 3Q profit jumps as chicken sales rise
AP - Tyson Foods Inc., the world's largest meat maker, said Monday that its third-quarter profit surged on solid chicken sales following a prior-year period hammered by skyrocketing grain costs.
Barclays bank 1H net profit up 10 percent
AP - Banking group Barclays PLC said Monday that first-half net profit increased 10 percent on stronger earnings from its investment banking division, although losses from bad loans rose steeply and consumers in the U.S. and Britain had more trouble repaying credit-card debt.
Wall St rises on resources, banks, data
Reuters - U.S. stocks extended gains on Monday, pushing major indexes up 1 percent as investors snapped up shares of natural resource companies and banks after fresh data pointed to signs of economic stabilization.
Stocks extend gains after manufacturing report
AP - Another dose of good economic news is sending stocks higher.
Marathon 2Q profits plunge with oil prices
AP - Marathon Oil Corp. said Monday its second-quarter profit fell 47 percent from a year ago when crude barrels fetched twice the price.
MGM moves to 2Q loss on charges, less gambling
AP - Casino operator MGM Mirage lost $212.6 million in the second quarter this year as it recorded hefty impairment charges and consumers gambled less during the recession.
Molson Coors reports 2nd-quarter profit doubles
AP - Brewer Molson Coors said Monday its second-quarter profit doubled as it raised prices and cut costs, despite selling less beer.
Signs of healing in manufacturing lift stocks
AP - The stock market is extending its summer rally as August brings more upbeat economic data.
Manufacturing hopes lift world stocks
AP - World stock markets mostly rose Monday after upbeat manufacturing data and positive earnings from big British banks stoked renewed buying that sent the Standard & Poor's 500 index over 1,000 briefly for the first time this year.
SEC: Ex-Kmart CEO should give up more than $22M
AP - Federal regulators are seeking more than $22 million from the former head of Kmart Corp., who was found liable for misleading investors about the company's finances before a bankruptcy filing in 2002.
Humana profit up, shares rise
Reuters - Health insurer Humana Inc posted a higher-than-expected quarterly profit on Monday as an improved performance in its Medicare plans for the elderly offset a decline in earnings from its business serving employers.
Weyerhaeuser shares rise as earnings beat estimate
AP - Shares of Weyerhaeuser Co. rose Monday after the major U.S. timber producer reported second-quarter results that beat analyst estimates and topped the previous quarter's performance.
Wall Street rally pushes S&P above 1,000
AFP - Wall Street restarted its rally Monday to push a key broad-market index to a nine-month peak above 1,000 as the positive mood was boosted by earnings news and encouraging data on the manufacturing sector.
Chesapeake falls short of 2Q street expectations
AP - Natural gas producer Chesapeake Energy is posting a second-quarter profit a year after it recorded a $1.6 billion hedging-related loss.
UK bank earnings fuel talk of recovery
AP - HSBC Holdings PLC and Barclays PLC shrugged off the near-collapse of Britain's banking system to report combined profits of more than 5 billion pounds ($8.4 billion) on Monday, fueling talk of financial recovery and raising fears of a return of the banking bonus culture.
Linde's Q2 net down 38 percent
AP - German industrial gas company Linde AG said Monday its net profit for the second quarter fell 38 percent, blaming one-time charges, a difficult market environment, and falling business volumes in the recession.
Sign of stock market healing: S&P 500 above 1,000
AP - The Standard & Poor's 500 index is four digits again now that the stock market's rally has blown into August.
Principal financial 2Q profit falls on lower fees
AP - Principal Financial Group Inc. said Monday profit fell on lower fee income, the result of a 16 percent drop in assets under management. Negative market performance increased pension and other post-retirement benefit costs.
Blackstone up 21 percent on pre-earnings buying: analyst
Reuters - The shares of private equity firm Blackstone Group LP rose 21 percent on Monday, a surge that one options analyst attributed to investors buying on speculation that upcoming earnings would be better than expected.
Mammography sales hurt Hologic fiscal 3Q profit
AP - Hologic Inc., which makes diagnostics products for women, said Monday its profit fell 33 percent in the fiscal third quarter as the economy weakened sales of its Selenia digital mammography system.
Anadarko posts $226 million loss for 2Q
AP - Anadarko Petroleum Corp. posted a loss of $226 million Monday for the second quarter because of falling energy prices and reduced demand.
Pulte 2Q loss widens, but looks better than 1Q
AP - Pulte Homes Inc. says its second-quarter loss widened versus a year ago, but the homebuilder's results improved over the first quarter as the housing market started to recover.
6 Flags posts $121.6 million 2Q loss
AP - Six Flags Inc., which is currently in bankruptcy reorganization, said Monday it posted a second-quarter loss, as the recession dampened attendance at the company's theme parks.
Chesapeake falls short of 2Q revenue expectations
AP - Chesapeake Energy said Monday that it posted a second-quarter profit, one year after the natural gas producer recorded a $1.6 billion loss due to hedging.
Centex swings to profit in fiscal 1Q on tax gain
AP - Centex Corp. says it posted a profit in its first-quarter, thanks to a $407 million tax gain.
Pulte posts 2Q loss; tax gain boosts Centex in 1Q
AP - Pulte Homes Inc. and Centex Corp. posted quarterly results Monday reflecting the recent improvement seen in the nation's battered housing market.
Companies Top Profit Forecasts As Cost Cuts Offset Weak Sales
Investor's Business Daily - As earnings season grinds on, a common theme has emerged. Many companies are reporting surprisingly good profit even as revenue falls.
St. Mary Land & Exploration reports 2Q loss
AP - St. Mary Land & Exploration Co. on Monday posted a loss for the second-quarter amid plunging prices for oil and natural gas.
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