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Caterpillar profit rises more-than-expected 34 percent

CHICAGO, July 22, 2008 (Reuters) — Construction and mining equipment company Caterpillar Inc said on Tuesday quarterly earnings rose a greater-than-expected 34 percent as strong growth in emerging economies offset weakness in North America, Western Europe and Japan. ...  > full story

US Airways posts quarterly loss on high fuel bill

CHICAGO, July 22, 2008 (Reuters) — US Airways Group posted a quarterly loss on Tuesday, reversing a year-earlier profit, on soaring fuel prices. ...  > full story

Lexmark quarterly profit rises, to close Mexico plant

NEW YORK, July 22, 2008 (Reuters) — Computer printer maker Lexmark International Inc on Tuesday reported an increase in quarterly profit on higher corporate sales and said it plans to close a factory in Mexico that will affect 650 jobs. ...  > full story

Biogen second-quarter profit rises 11 percent

NEW YORK, July 22, 2008 (Reuters) — Biogen Idec Inc , which this month fended off activist investor Carl Icahn's attempt to place three hand-picked candidates on the board, on Tuesday said second-quarter profit rose 11 percent on strong sales of its multiple sclerosis and cancer drugs. ...  > full story

Rockwell Automation profit falls, cuts forecast

BOSTON, July 22, 2008 (Reuters) — Rockwell Automation Inc said on Tuesday third-quarter profit fell 7.1 percent and cut its earnings forecast, citing weakening demand in the United States and Europe for its products, which help factories run more smoothly. ...  > full story

Domino's Pizza second quarter profit soars

NEW YORK, July 22, 2008 (Reuters) — Pizza delivery company Domino's Pizza Inc said on Tuesday that quarterly profit rose sharply from a year earlier, when it booked a large charge related to a recapitalization. ...  > full story

CME profit rises despite slower volume growth

CHICAGO, July 22, 2008 (Reuters) — CME Group Inc , parent of the world's largest derivatives exchange, said on Tuesday quarterly profit rose on a jump in revenue from processing services, even as growth in trading volume slowed. ...  > full story

Lockheed Martin second-quarter profit rises

NEW YORK, July 22, 2008 (Reuters) — Lockheed Martin Corp said on Tuesday quarterly profit rose, as sales of its electronic defense systems and a one-time gain related to a sale of some land offset lower sales for its F-16 fighter jet program. ...  > full story

Lehman hires former Goldman executive for Asia: WSJ

, July 22, 2008 (Reuters) — Lehman Brothers Holdings Inc hired Julian Cheong, a managing director at rival Goldman Sachs Group Inc , as co-head of its financial institutions group for Asia-Pacific, the Wall Street Journal said on Tuesday, citing people familiar with the situation. ...  > full story

Jacobs Engineering earnings rise 31 percent

NEW YORK, July 22, 2008 (Reuters) — Construction services company Jacobs Engineering Group Inc said a record-high order backlog drove quarterly earnings up 31 percent, beating analysts' estimates. ...  > full story
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