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Among the earnings stories for Monday, Aug. 4, from AP Financial News:
LOUISVILLE, Ky. (AP)--Humana Inc. reported a slight drop in second-quarter profit Monday, caused by a double-digit drop in premiums from its stand-alone Medicare prescription drug plans that was less painful than expected.
NEW YORK (AP)--Orbotech Ltd., which makes testing equipment used to make printed circuit boards and flat-panel displays, said Monday it swung to a profit in the second quarter due to improved flat panel equipment sales.
DES MOINES, Iowa (AP)--Principal Financial Group Inc. said second-quarter profit fell as it wrote off more than $85 million in investment losses, some tied to real estate loans.
CALABASAS, Calif. (AP)--Staffing firm On Assignment Inc. on Monday said second-quarter profit more than doubled, helped by higher revenue, particularly in the company's physician and information technology and engineering segments.
NEW YORK (AP)--Chinese contract electronics manufacturer Nam Tai Electronics Inc. on Monday reported a 26 percent drop in sales, saying its handset manufacturing business was suffering in a "difficult and extremely competitive" market.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.
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