Among the earnings stories for Wednesday, Aug. 6, from AP Financial News:
NEW YORK (AP)--Marsh & McLennan says its second-quarter earnings fell 63 percent as it took a $115 million non-cash impairment charge.
HOUSTON (AP)--Transocean Inc., the world's largest offshore drilling contractor, says its second-quarter profits nearly doubled after buying smaller competitor GlobalSantaFe late last year.
NEW YORK (AP)--Time Warner Cable Inc.'s second-quarter earnings edged higher as increased Internet cable and phone revenue overcame costs related to its planned split from parent Time Warner Inc., the company said Wednesday.
ST. GEORGE, UTAH (AP)--SkyWest Inc., parent of SkyWest Airlines and Atlantic Southeast Airlines, said Wednesday its second-quarter profit fell 10 percent despite an 11 percent increase in sales.
BIRMINGHAM, Ala. (AP)--Protective Life Corp., an insurance and investment products provider, said Tuesday second-quarter earnings fell 41 percent, hurt by impairment charges.
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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