TradingMarkets Winners & Losers
These stocks are moving the markets right
now:
Baidu.com Inc.
(
BIDU |
Quote |
Chart |
News |
PowerRating),
the world’s largest Chinese search engine, announced that
Hewlett-Packard Co.
(
HPQ |
Quote |
Chart |
News |
PowerRating) would load Baidu’s search service on
its Pavilion and Presario computers sold in China for one year starting in
October (full
story).
BellSouth Corp.
(
BLS |
Quote |
Chart |
News |
PowerRating),
revealed second quarter financial results, reporting earnings from continuing
operations that rose from last year, on improved revenues, driven by strong
growth in the broadband and wireless businesses, with Cingular also contributing
to the earnings of the company (full
story).
Merck & Co., Inc.
(
MRK |
Quote |
Chart |
News |
PowerRating)
said its second quarter profit more than doubled from last year as sales
bolstered by strong performance of SINGULAIR, drug partnerships and other
product sales (full
story).
Silicon Laboratories Inc.
(
SLAB |
Quote |
Chart |
News |
PowerRating) reported a decline in second quarter net earnings, weighed by
charges (full
story).
USG Corp.
(
USG |
Quote |
Chart |
News |
PowerRating), a
Chicago, Illinois-based building products company, posted a 60% surge in second
quarter profit, driven by double digit increase in segmental revenues, helped by
improved shipments of gypsum wallboard (full
story).
Progress Energy Inc.
(
PGN |
Quote |
Chart |
News |
PowerRating)
agreed to sell its Winchester Energy unit and associated natural gas businesses
for $1.2 billion in cash to a wholly owned subsidiary of Texas-based
EXCO Resources, Inc.
(
XCO |
Quote |
Chart |
News |
PowerRating) (full
story).
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