Earnings roundup: UAL, Omnicom
By
Associated Press
July 22, 2008
|
Among the earnings stories for Tuesday, July 22, from AP Financial News:
Top stories:
MINNEAPOLIS (AP) _ United Airlines parent UAL Corp. said Tuesday it lost $2.73 billion in the second quarter on a combination of accounting charges and high fuel prices, and said it would reduce its work force by 7,000 people by the end of 2009 as it permanently reduces the amount of flying it does.
Other stories:
PHILADELPHIA (AP) _ Advertising and marketing conglomerate Omnicom Group Inc. on Tuesday reported an 11 percent increase in second-quarter net income, propelled by strong international business.
MADISON, N.J. (AP) _ Medical laboratory operator Quest Diagnostics Inc. said Tuesday its second-quarter profit grew 14 percent as the buyout of AmeriPath, a cancer testing firm, helped increase Quest's testing volumes and revenue.
REDWOOD CITY, Calif. (AP) _ Check Point Software Technologies Ltd. Tuesday reported a 14 percent increase in second-quarter profit, meeting adjusted Wall Street expectations as new Internet security products generated growth in revenues.
MILFORD, Mass. (AP) _ Waters Corp., which makes a range of instruments for scientific analysis, said Tuesday second-quarter profit surged 38.7 percent on strong sales of the company's research and analytical equipment.
Terms & Conditions
RSS Headlines
Fool UK