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IBM reported 1.12 vs. 1.03, better than expected. Revenues beat
estimates at 22.3 billion. Gross margins were 39.4%.
Biogen (BIIB | Quote | Chart | News | PowerRating) said that its Sentinal Tysabry-Avonex trial achieved its
primary endpoint.
Hewlett Packard (HPQ | Quote | Chart | News | PowerRating) is cutting over 14,000 jobs--10% of its workforce.
Wells Fargo (WFC | Quote | Chart | News | PowerRating) missed by a penny.
Merrill Lynch (MER | Quote | Chart | News | PowerRating) beat estimates, reporting 1.14 vs 1.08 estimate.
Ford (F | Quote | Chart | News | PowerRating) reported 0.47 vs 0.33.
Avon (AVP | Quote | Chart | News | PowerRating) was inline but warned for Q3 and 2005.
Radio Shack (RSH | Quote | Chart | News | PowerRating) missed by a penny.
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