After The Close Today, Watch For These Important Earnings Reports

Stocks are flat Tuesday morning as traders digest a
raft of earnings reports.

Texas Instruments
(TXN)
reported 0.32, 0.03 more than expected. Revenues were $3.24 billion; net income
rose 42% from a year ago. The company will also increase its dividend. 

Netflix (NFLX)
beat by 0.12 and raised guidance The stock traded up after hours.

International Paper
(
IP |
Quote |
Chart |
News |
PowerRating) reported Q2 that beat by 0.02.

Lockheed
(
LMT |
Quote |
Chart |
News |
PowerRating) beat estimates and raised guidance.

Consumer Confidence for July fell to 103.2 from 106.2 in June.

After the bell today, look for earnings from Biogen-Idec
(
BIIB |
Quote |
Chart |
News |
PowerRating)
(0.36), Corning
(
GLW |
Quote |
Chart |
News |
PowerRating) (0.18), Electronic Arts
(
ERTS |
Quote |
Chart |
News |
PowerRating)
(-0.24) and Amazon
(
AMZN |
Quote |
Chart |
News |
PowerRating) (0.10). (Consensus in parentheses)

Strong sectors are:  Networkers
(
$NWX.X |
Quote |
Chart |
News |
PowerRating) +2.04%
  Airlines
(
$XAL.X |
Quote |
Chart |
News |
PowerRating) +1.89%     Biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating)
+1.18%      

Weak sectors are:      Chemicals
(
$CEX.X |
Quote |
Chart |
News |
PowerRating) -2.60%  Computer Hardware
(
$HWI.X |
Quote |
Chart |
News |
PowerRating) -1.60%   Gold
(
$XAU.X |
Quote |
Chart |
News |
PowerRating) -1.43%    

Human Genome (HGSI)
beat by 0.05.

BJ Services
(
BJS |
Quote |
Chart |
News |
PowerRating) beat by 0.10.

Burlington Northern
(
BNI |
Quote |
Chart |
News |
PowerRating) beat by 0.03.

Black & Decker
(
BDK |
Quote |
Chart |
News |
PowerRating) beat by 0.11.

Legg Mason
(
LM |
Quote |
Chart |
News |
PowerRating) missed by 0.07.

Lexmark
(
LXK |
Quote |
Chart |
News |
PowerRating) was in-line and guided lower

CNet  Network’s
(
CNET |
Quote |
Chart |
News |
PowerRating) sales rose 24%; the company reversed
a year ago loss.

JDA Software (JDAS)
beat by 0.06.

US Steel
(
X |
Quote |
Chart |
News |
PowerRating) missed estimates; shipments were reduced  The
company said Q3 likely lower than Q2.

Valero Energy
(
VLO |
Quote |
Chart |
News |
PowerRating) beat by 0.12 and said it sees 2006 better than
2005.

Altera (ALTR)
beat by a penny and guided Q3 above consensus.  Q2 profit fell 11% from a
year ago.