TradingMarkets winners & losers

These stocks are moving the market right now:

PepsiCo. Inc. (PEP | Quote | Chart | News | PowerRating) revealed second quarter results, reporting a 15% jump in earnings per share on a 12% increase in revenues (full story).

Biosite Inc. (BSTE | Quote | Chart | News | PowerRating), a bio-medical company, announced that the U.S. Food and Drug Administration have assented to add methadone to its Triage TOX Drug Screen (full story).

Tribune Co. (TRB | Quote | Chart | News | PowerRating) on Thursday morning reported that its second quarter profit plunged 63% from the previous year on weaker revenues (full story).

Xstrata announced that it has received unconditional clearance from the European Commission in relation to its proposed acquisition of Falconbridge Ltd. (FAL | Quote | Chart | News | PowerRating) (full story).

Concur Technologies, Inc. (CNQR | Quote | Chart | News | PowerRating) provider of on-demand business services, announced that Cliqbook Travel customers would now have access to Park N' Fly Network and Virgin Blue Airlines (full story).

Raytheon Co. (RTN | Quote | Chart | News | PowerRating) said it received an initial $38 million contract from the Global Positioning System or GPS Joint Program Office at the U.S. Air Force Space and Missile Systems Center to design next-generation global positioning receivers (full story).

Copyright(c) 2006 RealTimeTraders.com, Inc. All Rights Reserved