Boeing Co. (BA: Quote) is rising more than 2 percent to $73.90. The company's second quarter profit increased from the year-ago quarter and were above Wall Street view. Revenues improved 21 percent and were also above the consensus estimate. The company also raised its guidance for fiscal 2012.
Eli Lilly & Co. (LLY: Quote) is up nearly 2 percent to $42.75. The company's second quarter profit declined from the year-ago period, although its non-GAAP earnings per share were above Wall Street view. Worldwide total revenue declined 10 percent, driven by Zyprexa patent expirations, partially offset by significant growth in other products. The company maintained its 2012 revenue forecast and raised irs earnings forecast.
Ford Motor Co. (F: Quote) is rising 1 percent to $9.15. The company's second quarter profit plunged from the year-ago quarter, although its adjusted earnings per share were above analysts' projection. Revenues declined from the same period prior year, yet topped the consensus estimate.
AOL, Inc. (AOL: Quote) is rising over 3 percent to $28.50. The company swung to a profit in its second quarter. Total revenues for the period declined 2 percent, but were above analysts' prediction.
Caterpillar Inc. (CAT: Quote) is rising 4 percent to $84.84. The company's second quarter earnings increased 67 percent from the same period last year and were above Wall Street view. Sales and revenues improved 22 percent and were also above the consensus estimate.
Apple Inc. (AAPL: Quote) is falling nearly 5 percent to $572.51. The company's third quarter profit and net sales surged from the year-ago quarter, but were below Wall street view. The company said it has sold 26.0 million iPhones in the quarter, representing 28 percent unit growth over the year-ago quarter. The company also guided its fourth quarter results sharply below analysts' predictions.
WellPoint, Inc. (WLP: Quote) is falling 8 percent to $56.27. The company's second quarter profit declined 8.3 percent from the previous year period. Adjusted earnings per share for the quarter increased 11.5 percent from the same period last year, yet missed analysts' expectation. Total operating revenue also missed the consensus estimate. The company also lowered its full-year earnings forecast.
RadioShack Corp. (RSH) is falling 23 percent to $2.80. The company slipped to a loss in its second quarter. The company also announced that it has decided to suspend its dividend program.
Netflix, Inc. (NFLX: Quote), TripAdvisor Inc. (TRIP: Quote), Buffalo Wild Wings Inc. (BWLD: Quote) are falling following the release of their results.
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by RTT Staff Writer
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