New book by Larry Connors - Click here to read more
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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