Company Earnings
Reuters - Citigroup Inc posted a $2.7 billion quarterly profit, down 37 percent from the same quarter last year, hurt by lower revenue in its investment banking business.
Company Earnings
Citigroup second-quarter earnings fall 37 percent (Reuters)
ASML bounces back to Q2 profit on strong sales (AP)
AP - ASML Holding NV, a key supplier to computer chip makers, said Wednesday it bounced back to profit in the second quarter from a loss in the same period last year thanks to a sharp rebound in demand.
Yum's profit slips but it's upbeat on China growth (AP)
AP - The owner of the Taco Bell, Pizza Hut and KFC fast-food restaurant brands said Tuesday that its second-quarter profit fell slightly because a one-time gain a year ago outpaced its revenue growth.
Summary Box: Intel's 2Q net is best in a decade (AP)
AP - BLOWOUT QUARTER: Intel books its largest quarterly net income in a decade as corporations step up spending on computers. Chipmaker earns $2.89 billion on revenue of $10.77 billion.
Intel posts 'best quarter' ever (AFP)
AFP - Intel blew past the expectations of Wall Street analysts on Tuesday as the world's biggest computer chip-maker posted its best quarter ever on stronger demand for servers and personal computers.
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