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Among the earnings stories for Wednesday, July 16, from AP Financial News:
Top story:
NEW YORK (AP)--EBay Inc. said Wednesday that its second-quarter profit jumped 22 percent, as the online auction company enjoyed strong growth in its e-commerce sites and its PayPal payments service.
Other stories:
LOUISVILLE, Ky. (AP)--Fast-food company Yum Brands Inc. said Wednesday its second-quarter profit grew 4 percent as its overseas operations delivered hefty earnings that offset slumping U.S. performance due partly to higher commodity costs.
NEW YORK (AP)--Charles Schwab Corp., the nation's largest discount brokerage, said Wednesday stronger fees and trading levels helped drive second-quarter profit growth despite choppy market conditions.
ST. PAUL, Minn. (AP)--Medical device maker St. Jude Medical Inc. said Wednesday that its second-quarter profit jumped 50 percent as sales of its heart devices climbed, and the company raised its full-year guidance above Wall Street estimates.
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