A trader works on the floor of the New York Stock Exchange July 28, 2010. REUTERS/Brendan McDermidReuters - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.


NEW YORK (Reuters) - U.S. stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data.


AP - Shares of Quest Software Inc. got a boost Friday after the business software maker posted better-than-expected second-quarter results.
AP - EADS NV, the parent company of plane-maker Airbus, raised its outlook for 2010 — despite a 61 percent drop in second quarter earnings — as a rash of new aircraft orders boosted hopes that a painful two-year downturn is over.
AP - Business software maker Epicor Software Corp. said Thursday that its second-quarter loss narrowed as revenue climbed.
Investor's Business Daily - Tenneco , an auto parts maker, swung to a Q2 profit of 62 cents ex items, topping views by 18 cents. Revenue rose 36% to $1.5 bil, above views. Tenneco, which makes emission control products, shock absorbers and other components, climbed 7.6% to 25.97.
Tagged with:
 
AP - Hornbeck Offshore Services Inc., which provides water transportation for the petroleum industry, is prepared to move to wherever rigs go if the deepwater drilling moratorium in the Gulf of Mexico drives away business, the company's CEO said Thursday.
BANGALORE (Reuters) - Executive compensation at large and mid-sized U.S. companies is expected to rebound modestly this year after two consecutive years of declines as business conditions improve, according to a survey.


NEW YORK (Reuters) - Moody's Corp reported better-than-expected second-quarter profit as a pickup in debt issuance drove an increase in demand for its ratings, but it was cautious on its outlook for this business.


Tagged with:
 

A worker welds on a production line at the French auto group Renault's Blainville-sur-Orne trucks plant, northern France. Business and consumer confidence in the 16-nation eurozone jumped in July to its highest level in more than two years, driven by regional powerhouse German, the European Union said Thursday.(AFP/File/Mychele Daniau)AFP - Business and consumer confidence in the 16-nation eurozone jumped in July to its highest level in more than two years, driven by regional powerhouse German, the European Union said Thursday.