Friday, Jul 30th

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Business

Earnings Preview: Delta Air Lines (AP)

AP - Delta Air Lines Inc., the world's largest airline, reports its second quarter results before the market opens Monday.

Polycom shares dive after 2Q earnings (AP)

AP - Polycom Inc. shares tumbled Friday, at least in part over concerns about a slowdown in its video communications business.

Genuine Parts shares up as profits rise 20 percent (AP)

AP - Shares of replacement parts distributor Genuine Parts Co. gained on Friday despite a drop in the overall market after the company reported that its second-quarter profit rose 20 percent.

A look at global economic developments (AP)

AP - A look at economic developments and activity in major stock markets around the world Friday:

6 Reasons to Delay Retirement (U.S. News & World Report)

U.S. News & World Report - The Senate Finance Committee held a hearing yesterday to discuss the increasing likelihood that seniors will need and want to delay retirement. Experts testified that Americans working until older ages will have a dramatic impact on the economy, Social Security, and especially their own personal finances. Here's a look at the reasons the invited witnesses say Americans should choose to work during retirement.

First Horizon posts second quarter profit (AP)

AP - First Horizon National Corp. said Friday it returned to profitability in the second quarter, benefiting from improving credit quality.

TI expected to report recovery in 2Q results (AP)

AP - Texas Instruments Inc. reports its second-quarter results after the market closes Monday.

Citigroup profit dips 10 percent, loan losses fall (AP)

FILE - In this file photograph taken June 23, 2010, Vikram Pandit, CEO of Citigroup Inc., speaks at the New York Forum, in New York. Citigroup said Friday, July 16, its second-quarter net income dropped 10 percent to $2.7 billion even as its loan losses fell.  (AP Photo/Mark Lennihan, file)AP - Citigroup said Friday its second-quarter net income dropped 10 percent to $2.7 billion even as its losses from failed loans fell. The drop in income reflects the bank's sale a year ago of the Smith Barney brokerage, which inflated its earnings at the time.


FTSE ends sharply lower on poor US data (AFP)

London shares closed sharply lower on Friday following a downbeat session in the US where Citigroup and General Electric both posted poor earnings.(AFP/File/Ben Stansall)AFP - London shares closed sharply lower on Friday following a downbeat session in the US where Citigroup and General Electric both posted poor earnings.


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