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Daily Outlook - July 20.


Earnings week continues

<strong>Boston Scientific (BSX)</strong>, makers or medical equipment, will report second quarter earnings on Monday, and is expected to report a profit of 13 cents per share, an average of estimates from an analysts' poll reveals, according to Thomson Reuters.

<strong>Halliburton (HAL)</strong>, which provides products for the energy industry, on Monday reported that net income fell to 29 cents per share for the second quarter, compared with 55 cents a year ago, as customers reduced spending on exploration and production due to a drop in crude oil prices.

<strong>Hasbro (HAS)</strong>, whose 'Transformers' toy brand feature prominently in one of the highest earning movies of the summer, reported profit grew to 26 cents per share, compared with 25 cents a year earlier. Products based on Transformers and another property, G.I. Joe, are getting better mass market distribution than anticipated, according to analyst Gerrick Johnson, with BMO Capital Markets, Bloomberg reported.

<em>The following are highlighted earnings releases from Monday July 20 to Friday July 24, from Earnings.com</em>

<strong>July 20, 2009</strong><br /> Boston Scientific BSX<br /> Halliburton HAL<br /> Hasbro HAS<br /> Johnson Controls JCI<br /> Legg Mason LM<br /> Texas Instruments TXN

<strong>July 21, 2009</strong><br /> Advanced Micro Devices AMD<br /> Apple Inc AAPL<br /> C.H. Robinson Worldwide CHRW<br /> Qlogic QLGC<br /> Schering-Plough SGP<br /> The Coca-Cola Co. KO

<strong>July 22, 2009</strong><br /> Altria Group MO<br /> Boeing BA<br /> Intuitive Surgical ISRG<br /> PepsiCo PEP<br /> Qualcomm QCOM<br /> SanDisk SNDK

<strong>July 23, 2009</strong><br /> EMC EMC<br /> Amazon.com AMZN<br /> Bristol-Myers Squibb BMY<br /> CA CA<br /> McDonald's MCD<br /> Wyeth WYE

<strong>July 24, 2009<br /></strong> Black & Decker BDK<br /> Dover DOV<br /> Exelon EXC<br /> Fortune Brands FO<br /> Schlumberger SLB<br /> T. Rowe Price TRO

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Title Annotation:Boston Scientific Corp.'s financial report revealed; Halliburton Co.'s sales and securities report; Hasbro Inc.'s financial reports revealed
Publication:International Business Times - US ed.
Article Type:Brief article
Date:Jul 20, 2009
Words:312
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