| SINA Corp. (SINA) said its second quarter non-GAAP | | | | cents per share, ahead of the consensus estimate of |
| earnings rose 62% to $27.7 million or 42 cents per | | | | 71 cents per share. The company lowered its full |
| share, as revenues rose 10% to $99.4 million. The | | | | year core earnings guidance to $2.10-$2.30 per share |
| consensus estimates called for earnings of 35 cents | | | | from $2.70-$3 per share, while analysts estimate |
| per share on revenues of $92.57 million. For the third | | | | earnings of $2.71 per share. |
| quarter, the company estimates net revenues of | | | | Allstate (ALL) said its second quarter operating |
| $101 million to $104 million, while analysts estimate | | | | income rose to 81 cents per share from 55 cents per |
| revenues of $100.80 million. | | | | share last year. However, revenues fell 9.8% to |
| News Corp. (NWS) reversed to a fourth quarter | | | | $7.66 billion. The results were ahead of expectations. |
| profit of 33 cents per share from a loss of 8 cents | | | | Con-way (CNW) reported that its second quarter net |
| per share last year. Revenues climbed to $8.11 billion | | | | income declined to 26 cents per share from 64 cents |
| from the year-ago's $7.67 billion. | | | | per share last year despite revenues rising 23.7% to |
| Murphy Oil (MUR) reported second quarter net | | | | $1.31 billion. While earnings trailed the consensus |
| income of $1.41 per share, higher than 83 cents per | | | | estimate of 30 cents per share, revenues were |
| share last year. The year-ago results included items | | | | ahead of $1.26 billion consensus estimate. |
| that had a net negative impact of about 7 cents per | | | | Other Corporate News |
| share. Revenues climbed to $5.59 billion from $4.56 | | | | Among retailers, Fred's (FRED) reported a 2.7% |
| billion last year. The consensus estimates called for | | | | increase in its same store sales for July, rebounding |
| earnings of $1.21 per share on revenues of $6.36 | | | | the 4.6% drop in the previous month. Teen apparel |
| billion. The company also announced a 10% increase in | | | | retailer Hot Topic (HOTT) said its same store sales |
| its quarterly dividend. | | | | dipped 9% in July. The company also lowered its |
| Prudential Financial (PRU) reported second quarter | | | | second quarter loss estimate to 14 cents per share, |
| after-tax adjusted operating income of $1.51 per | | | | while analysts estimate a loss of 10 cents per share. |
| share, lower than $1.87 per share last year. Analysts | | | | AMR Corp. (AMR) could see some activity after its |
| estimated earnings of $1.32 per share. | | | | American Airlines unit said its load factor fell 0.3 points |
| Meanwhile, Hartford Financial (HIG) reversed to a | | | | in July to 87%. The decline came despite a 2.7% |
| second quarter profit of 17 cents per share on a | | | | increase in traffic and a 3.1% improvement in |
| core basis from a loss of $1.90 per share last year. | | | | capacity. AMR's regional carrier American Eagle |
| The company's adjusted core earnings were 92 | | | | reported a 1.7 point decline in load factor to 76.1%. |