12:15 PM New York – Bank of Hawaii net declined 7% and Federal-Mogul net swung to profit. Gannett net dropped 5% as segment revenues declined. Halliburton profit slipped 8% to $679 million and Hasbro net plummeted 12%. Kimberly-Clark net rose 6%. McDonald’s net grew 4%.
Bank of Hawaii Corporation
) rose 25 cents to $55.16 after the bank reported net interest income in the second quarter ending in June declined 8% to $87.3 million. Net income in the quarter declined 7% to $37.8 million or 85 cents a diluted share compared to $40.7 million or 90 cents.
) surged 20.1% or $2.15 to $12.83 after the automotive parts supplier stated net sales in the second quarter climbed 6% to $1.77 billion. Net in the quarter swung to a profit $56 million or 57 cents a diluted share compared to net loss of $59 million or 60 cents.
On July 9, the company completed its right offering and raised $500 million.
Gannett Co., Inc.
) dropped 2.9% or 78 cents to $25.59 after the media and marketing company reported revenue in the second quarter slid 0.3% to $1.30 billion. Net income in the quarter dropped 5.2% to $113.6 million or 48 cents a diluted share compared to $119.9 million or 51 cents.
Publishing segment revenues in the quarter declined 1.7% to $904.2 million and advertising revenues dropped 5.3% to $562.5 million.
Broadcasting revenues rose 3.2%to $212 million and television revenues grew 3.6% to $204.8. Operating revenues in the digital segment increased 2.9% to $186.5 million.
During the quarter, the company has acquired Belo Corp for $13.75 per share in cash for an enterprise value of about $2.2 billion.
) slipped 36 cents to $45.47 after the oilfield services provider said net sales in the second quarter ending in June grew 4% $7.3 billion. Net income in the quarter slipped 8% to $679 million or 73 cents a diluted share compared to $737 million or 79 cents.
The company added operating income in the quarter climbed 14% to $1 billion.
) gained 1.9% or 87 cents to $46.25 after the entertainment products provider stated net revenue in the second quarter ending in June declined 6% $766.3 million. Net earnings in the quarter plummeted 12% to $36.5 million or 28 cents a diluted share compared to $43.4 million or 33 cents.
) fell 1.6% or $1.60 to $97.89 after the consumer products maker reported stated net sales in the second quarter ending in June was flat at $5.3 billion. Net income in the quarter climbed 6% to $526 million or $1.36 a diluted share compared to $498 billion or $1.26.
In the quarter, operating profit advanced 6% to $796 million and gross profit increased 3% to $1.80 billion.
For the year, the company expects adjusted earnings per share in a range of $5.60 to $5.75.
) declined 2.8% or $2.79 to $97.44 after fast food chain operated stated revenues in the second quarter ending in June rose 3% to $7.1 billion. . Net income in the quarter grew 4% to $1.4 billion or $1.38 a diluted share compared to $1.35 billion or $1.32.
Operating income in the quarter was flat at $2.2 billion. Global comparable sales rose 1%. Comparable sales in the U.S. grew 1% and comparable sales in Europe slid 0.1%.