Microsoft (MSFT) posted earnings of 47 cents per share, vs. 50 cents a year ago. Revenue rose slightly. The software maker expects earnings of $2.13 to $2.19 per share next year.
American Express (AXP) reported earnings of 84 cents per share, vs. 90 cents. Revenue, up 11%, was stronger than expected, with international sales making up for weakness in the U.S., the company said.
Ericsson (ERIC) posts SEK2.65 billion, vs. SEK5.82 billion, first quarter profit as narrowed operating margins offset 4.8% revenue rise. S&P says $0.33 vs. $0.53 first quarter earnings per ADS exceeded its view; keeps hold.
Altria Group (MO) said it earned 29 cents per share last quarter, down from 33 cents a year ago as the company took charges related to its spin-off of Philip Morris International. Revenue rose 2.8%.
Goodyear Tire & Rubber (GT) posted earnings of 60 cents per share, vs. a loss of 61 cents a year ago. Sales rose 10%.
Baidu.com (BIDU), the Chinese Internet company, posted earnings of 68 cents per share, vs. 67 cents a year ago, on sharply higher revenue of $81.9 million.
Western Digital (WDC) posts $1.23, vs. $0.53, third quarterQ3 EPS on 50% revenue rise. S&P maintains hold. UBS reduces target on limited visibility.
ITT Corp. (ITT) posted earnings of 93 cents per share, vs. 74 cents a year ago, as revenue rose 25%. The company raised its 2008 profit forecast.
MEMC Electronic Materials (WFR) reported earnings of 84 cents per share, vs. 58 cents a year ago, as sales were up 14%. The company said demand from customers for semiconductor applications is a bit weaker than typical.
Devry (DV) reported earnings of 53 cents per share, vs. 32 cents a year ago. Revenue rose 18%, and new undergraduate enrollment was up 12.1%.
Downey Financial (DSL) said it would slash its quarterly dividend, from 12 cents per share to 1 cent.