Company News for July 19, 2010 - Corporate Summary

• Halliburton HAL reported better-than-expected earnings and revenues as earnings of 52 cents beat Zacks estimates of 37 cents a share, and revenues of $4.4 billion reflected 25.6% YoY improvement and were ahead of Zacks estimates of $4.1 billion

• Hasbro HAS posted estimate-topping earnings, but a revenue miss with second quarter results of 29 cents showing a nickel beat, but revenues of $737.8 million, a 6.9% drop from last year, off estimates of $748.3 million.

• Delta DAL reported second quarter earnings of 65 cents a share, beating Zacks projections by 2 cents, on revenues of $8.17 billion, compared with Zacks estimates of $8.27 billion

• A Barron's article suggested Google GOOG "remains one of the best plays on the continued growth of web content and commerce"

• Research in Motion RIMM, peeved by Apple's AAPL remarks surrounding antenna problem universality, noted, "One thing is for certain. RIM's customers don't need to use a case for their Blackberry smartphone to maintain proper connectivity"

• Nokia NOK is said to be eyeing certain Motorola MOT wireless assets for $1.2 billion cash

• Private equity funds Carlyle and TPG have outbid KKR KKR for Australia's Healthscope for $1.7 billion

• Goldman Sachs GS has removed Bank of America BAC from its Conviction Buy List

• Reports suggest possible seepage near BP's BP capped well