Earnings Leave Markets At A Standstill


Mixed large cap earnings keep
markets flat; major indices move fractionally lower.

href=”https://tradingmarkets.com.site/news/Stock%20Alert/”>Stocks On The
Move

Boeing
(
BA |
Quote |
Chart |
News |
PowerRating)

Posts Better Than Expected Loss In Q2; Boosts 2007 Forecast (full
story
).  BA shares fall over 4% in today’s session.

Amazon.com
(
AMZN |
Quote |
Chart |
News |
PowerRating)

Q2 Earnings Fall, Miss Estimates; Boosts FY06 (full
story
).  AMZN shares plummet over 22%.

General Motors Corp.
(
GM |
Quote |
Chart |
News |
PowerRating)
Is Rising Higher On Q2 Results (full
story
).  GM shares move up nearly 5%.

Lucent
(
LU |
Quote |
Chart |
News |
PowerRating)
Q3
Profit Drops On Weak US Sales (full
story
).  LU shares close up 1%.

Sun Microsystems
(
SUNW |
Quote |
Chart |
News |
PowerRating)

Slips To Loss In Q4 On Charges, Higher Costs, Revenues Up 29% (full
story
). SUNW trades up over 4%.

ConocoPhillips
(
COP |
Quote |
Chart |
News |
PowerRating)

Q2 Earnings Rise (full
story
).  COP shares move nearly 2%.

Phelps Dodge
(
PD |
Quote |
Chart |
News |
PowerRating)

Q2 Profit Declines On Charges (full
story
). PD closes lower by 2%.

Corning
(
GLW |
Quote |
Chart |
News |
PowerRating)

Q2 Profit More Than Triples; Q3 Guidance Below Estimates (full
story
).  GLW moves lower by over 14%.

RF Micro Devices
(
RFMD |
Quote |
Chart |
News |
PowerRating)

Posts Q1 Profit On Higher Sales; Guides Q2 Below Analysts’ View; Stock Down (full
story
).  RFMD shares trade up over 7%.

Under Armour Inc.
(
UARM |
Quote |
Chart |
News |
PowerRating)
Is Trading Lower On Q2 Earnings News (full
story
).  UARM shares fall nearly 2%.

Monster Worldwide
(
MNST |
Quote |
Chart |
News |
PowerRating)
Posts Q2 EPS Of $0.30; Revenue Up 36%; Guides Q3, FY06 EPS Above
Street View (full
story
).  MNST shares move lower by over 5%.

Crude oil futures trade nearly unchanged to $73.80.

For more stories as they happen, go to our href=”https://tradingmarkets.com.site/news/Breaking%20News/”>Breaking
News
section.

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Dow

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-1.20
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11,102.51

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NASDAQ

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-3.44

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2,070.46

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S&P 500

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-0.45

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1,268.43

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size=2>NYSE

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size=2>NASDAQ

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Volume

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2,661,639,000

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2,043,775,000

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Advances

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1855

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1488

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Declines

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1403

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1519

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Up Volume

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1395

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1195

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Down Volume

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983

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707

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New Hi’s

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98

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63

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New Lo’s

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66

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121

Sectors

Strongest Sectors

Oil Index (XOI)

Networking Index (NWX)

Dow 10 Index (MUT)

Weakest Sectors

Airline Index (XAL)

GSTI Internet Index (GIN)

S&P Retail Index (RLX)

Helvetica>
href=”https://tradingmarkets.com.site/news/Economic%20News/”>Economic
News

Beige Book Shows Signs Of An Economic Slowdown (full
story
).



Crude Inventories Unchanged; Gasoline Stockpiles Slide (full
story
).



Crude Oil Inventories Flat For Week
Ended July 21



Gasoline
Inventories Fall 3.2 Mln. Barrels



Distillate Fuel
Oil Inventories Rises 800,000 Barrels



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Darren Wong

darrenw@tradingmarkets.com



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