Diversified conglomerate General Electric Co. (GE: Quote) is scheduled to post second-quarter results. The company is expected to record earnings of $0.37 per share versus $0.34 per share last year, on revenues of $36.80 billion. Shares of GE closed Thursday's trade at $19.80. (The stock rose almost 5% in Q2; MA(50)- $19.45; MA(100)- $19.46; 52-wk H/L $21.00/$14.02)
Schlumberger Ltd. (SLB: Quote) is due to report second-quarter results. Earnings and revenue for the quarter are expected to be $1.00 per share and $10.41 billion respectively. In the previous year, the oilfield services provider earned $0.87 per share on revenues of $9.62 billion. On Thursday, the shares closed trade at $68.64. (The stock down about 7% in Q2; MA(50)- $65.22; MA(100)- $68.87; 52-wk H/L $95.53/$54.79)
Xerox Corp. (XRX: Quote) is slated to report results for the second quarter. The company is expected to earn $0.26 per share on revenues of $5.59 billion, while in the year-ago quarter, earnings and revenue were $0.27 per share and $5.61 billion respectively. The shares closed Thursday at $7.19. (The stock dropped around 2% in Q2; MA(50)- $7.48; MA(100)- $7.77; 52-wk H/L $10.40/$6.55)
American Electric Power Co., Inc. (AEP), Baker Hughes Inc. (BHI), Ingersoll-Rand Plc (IR) and SunTrust Banks, Inc. (STI) are also expected to report their results today.
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by RTT Staff Writer
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