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0.48%XLF 21.74 3.62%
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Among the earnings stories for Wednesday, July 23, from AP Financial News:
Top stories:
HOUSTON (AP)--Oil giant ConocoPhillips said Wednesday that record crude prices helped its second-quarter profit dwarf year-ago results, when the company incurred a $4.5 billion charge related to its former assets in Venezuela.
Other stories:
NEW YORK (AP)--Cigarette maker Philip Morris International said Wednesday that net income rose 23 percent in the second quarter, boosted by higher prices and the weaker dollar.
PITTSBURGH (AP)--Specialty metals maker Allegheny Technologies Inc. said Wednesday its second-quarter profit dropped, but results easily beat Wall Street's expectations.
CAMBRIDGE, Mass. (AP)--Biotechnology company Genzyme Corp. said Wednesday its second-quarter profit fell on a series of charges, though adjusted profit and revenue topped Wall Street forecasts.
BOSTON (AP)--Affiliated Managers Group Inc., an asset manager, said Wednesday its second-quarter profit fell 16 percent as revenue fell in its mutual fund, institutional and high net worth segments.
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