Earnings roundup: Peabody Energy, SEI Investments

Among the earnings stories for Wednesday, July 23, from AP Financial News:

ST. LOUIS (AP) _ Coal miner Peabody Energy Corp. said Wednesday its second-quarter profit more than doubled, beating Wall Street's expectations as the miner benefited from higher shipments, soaring global prices and tighter coal supplies worldwide.

OAKS, Pa. (AP) _ SEI Investments Co., which provides asset management and investment processing and operations solutions, said Wednesday its second-quarter earnings fell 34 percent due to a non-cash charge tied to support agreements with money market funds.

NEW YORK (AP) _ Consumers helped bring McDonald's Corp. back to profitability in the second quarter by spending on breakfast biscuits, chicken sandwiches and drinks despite the tough economy in the U.S.

NEW YORK (AP) _ Shares of Infinera Corp., a maker of networking equipment, rose Wednesday after the company reported a second-quarter profit on strong sales, beating Wall Street expectations.

NEW YORK (AP) _ As shifting reader habits and ad spending combine with the worsening economy to knock newspaper publishers on their heels, the New York Times Co. reported an 11 percent drop in second-quarter advertising revenue Wednesday.

BIRMINGHAM, Ala. (AP) _ Oil and natural gas producer Energen Corp. said Wednesday its second-quarter profit slipped slightly due in part to a dip in customer usage.