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Among the earnings stories for Thursday, July 17, from AP Financial News:
NEW YORK (AP)--Financial services firm CIT Group Inc. said Thursday its second-quarter losses widened due to significant charges taken as the company exited the home lending business.
PITTSBURGH (AP)--Paint, coatings and chemicals PPG Industries Inc. said Thursday its second-quarter earnings edged higher, as surging sales were offset by one-time charges related to a business sale.
NEW YORK (AP)--Cosmetics maker Revlon Inc. said Thursday its preliminary estimates show second-quarter profits rose from strong sales of newly launched products, beating Wall Street estimates.
DALLAS (AP)--Regional bank Comerica Inc. said Thursday its second-quarter earnings fell 71 percent due to a sharp increase in loan-loss provisions and an update assessment of the timing of tax deductions for certain leasing transactions.
Investor Julian Roberts believes the poor economy could last as long as 10 to 15 years, according to CNBC.
Joey Chestnut set a new fast-eating record when he ate 45 pizza slices in 10 min...
Oil prices rebounded from a 13-month low to rise above $81 a barrel Monday in As...
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