S&P 500 2,441.20 17.28
Gold$1,224.80 $5.30
Nasdaq 6,253.81 61.92
Crude Oil $60,490.00      $-1570.00
DAILY EARNINGS

Allergan, Halliburton, Net Climb; BB&T, Hasbro Net Drop


Author: Mukesh Buch
ticker.com
Last Update: 12:27 PM ET July 21 2014

10:45 AM New York Allergan second-quarter net soared 16% to $417 million. BB&T second-quarter net plunged 22% to $425 million. Genuine Parts second-quarter net declined 9% to $198 million. Halliburton quarterly net surged 20% to $774 million. ManpowerGroup second-quarter net climbed 61% to $110 million.

Tollbooth Index jumped 1.07% or 100.47 to 9,483.02.

Earnings Review

Allergan, Inc (AGN), the health care company said total sales in the second-quarter ending in June soared 15.9% to $1.83 billion a year ago period.

Net income in the quarter soared 15.9% to $417.2 million or $1.37 a diluted share compared to $359.9 million or $1.19 from a year earlier.

BB&T Corporation (BBT), the financial service provider reported total revenue in the second-quarter ending in June declined 7.6% to $2.31 billion from a year ago.

Net income in the quarter plunged 22.3% to $425 million or 58 cents a diluted share compared to $547 million or 77 cents from a year earlier.

Genuine Parts Company (GPC), the automobile parts maker stated sales in the second-quarter ending in June advanced 6% to $3.9 billion a year earlier.

Net income in the quarter declined 8.6% to $197.7 million or $1.28 a diluted share compared to $216.4 million or $1.39 from a year ago period.

Halliburton Company (HAL), the oilfield service provider reported total revenue in the second-quarter ending in June soared 10% to $8.05 billion from same quarter of a year ago.

Net income in the quarter surged 20.2% to $774 million or 91 cents a diluted share compared to $644 million or 69 cents from a year earlier.

Hasbro, Inc (HAS), the toy maker said net revenue in the second-quarter ending on June 29 climbed 8% from a year ago quarter to $829.3 million.

Net earnings in the quarter dropped 8.2% to $33.5 million or 26 cents a diluted share compared to $36.5 million or 28 cents from a year ago.

The company said net revenues from U.S. and Canada segment fell 2% to $383 million and from international segment climbed 17% to $396.8 million.

Revenues from games category plunged 12% in the quarter to $225.7 million and from the entertainment and licensing segment surged 35% to $47.7 million.

ManpowerGroup Inc (MAN), the employment service provider reported revenue in the second-quarter ending in June jumped 6% to $5.3 billion from the year earlier.

Net income in the quarter climbed 61% to $109.8 million or $1.35 a diluted share compared to $68.2 million or 87 cents from a year earlier.

The company forecasted diluted earnings per share for the third-quarter in the range of $1.46 to $1.54.
  1
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc