[R]11:00AM New York – Verizon and Humana edge higher but IHOP and RadioShack fell.[/R]

RadioShack Corporation. fell retailer of consumer electronics reported sales in the first quarter of 2008 were down $43.3 million to $949 million versus total sales of $992.3 million for the same period last year. First quarter comparable store sales declined 4.0% versus the first quarter of 2007.

Net income for the first quarter was $38.8 million, or $0.30 per diluted share compared to $42.5 million or $0.31 per share in the previous year.

RadioShack (RSH: chart) fell $2.10 to $15.40.

Verizon Communications Inc., edged up after it reported first quarter 2008 revenue rise of 5% to $23.8 billion in revenues and operating income increased 14% to $4.3 billion.

Earnings per share increased to 57 cents compared to 51 cents a year ago.

The company added 1.5 million net customers in the quarter to the total of 67.2 million total customers of which 65.2 million were retail customers.

Total churn rate was 1.19% and retail post-paid churn rate was 0.93% at the end of the quarter. Revenue from the data services rose 49%.

Verizon (VZ: chart) stock edged 70 cents higher to $37.70.

Humana Inc. a medical insurer reported first quarter 2008 consolidated revenues rose 12% to $6.96 billion from $6.20 billion a year ago.

First quarter 2008 diluted earnings per common share were $0.47 compared to 42 cents a share on lower tax rate.

Humana Inc. (HUM: chart) added 89 cents to $45.77.

Foment Economico Mexicano SAB de CV, Mexico based bottler reported first quarter 2008 total revenues increased 8.4% and income from operations increased 19.6%.

Coca-Cola FEMSA total revenues and income from operations increased 6.4% and 15.7%. FEMSA Cerveza total revenues increased 6.8% and income from operations increased 35.7%. Sales volume grew 7.1% in Mexico, 12.6% in exports and 2.9% in Brazil.

Fomento Mexico (FMX: chart) gained 52 cents to $44.47.

Alberto-Culver Company consumer goods company reported net sales for the second quarter increased 7.7% to $412.8 million from $383.4 million in the prior year quarter. Net sales in the first half increased 10.7% to $813.5 million from $734.5 million in the prior year.

Second quarter of 2008, diluted earnings per share from continuing operations increased 27.3% to 28 cents from 22 cents in the prior year quarter. First half, diluted earnings per share from continuing operations increased to 57 cents from 22 cents in the prior year.

The Company reported that its gross profit margin increased to 53.4% compared to 52.1% in the prior year quarter.

Alberto-Culver (ACV: chart) fell 94 cents to $25.55.

IHOP Corp. an operator of restaurant chains today reported 20.6% decrease in net income per diluted share to common shareholders to $0.50.