[10:00AM New York - The AES Corporation revenue fell 14.6% and net income fell 66.4%. Magna International Inc sales fell 45% and net loss was $205 million.
The AES Corporation, the power company reported second quarter revenues fell 14.6% to $3.5 billion from $4.1 billion a year ago. Net profit in the quarter fell 66.4% to $303 million or 45 cents per diluted share compared to net income of $903 million or $1.31 per share a year ago.
The AES Corporation (
AES) in the last one year traded as high as $16.05 in August 2008 and as low as $4.91 in March 2009. Based on the yesterday’s closing price of $13.14 the company has market cap of $8.76 billion.
Allianz SE, an integrated financial service provider reported first-half revenues rose 2.9% to €49.9 billion from €48.5 billion a year ago. Net profit in the first-half fell 29.4% to €1.9 billion or €4.17 per diluted share compared to net profit of €2.7 billion or €5.85 per share a year ago.
Allianz SE ((AZ) in the last one year traded as high as $17.10 in August 2008 and as low as $5.68 in November 2008. Based on the yesterday’s closing price of $10.76 the company has market cap of $48.58 billion.
American International Group, Inc, the insurer reported second quarter net premiums written fell 19.4% to $7.9 billion from $9.8 billion a year ago. Net profit in the quarter was $311 million or $2.30 per diluted share compared to net loss of $5.4 billion or $41.13 per share a year ago.
American International Group, Inc (
AIG) in the last one year traded as high as $497.40 in August 2008 and as low as $7.00 in March 2009. Based on the yesterday’s closing price of $22.53 the company has market cap of $3.03 billion.
Magna International Inc, a diversified global automotive supplier reported second quarter sales fell 45% to $3.7 billion from $6.7 billion a year ago. Net loss in the quarter was $205 million or $1.83 per diluted share compared to net income of $227 million or $1.98 per share a year ago.
Magna International Inc (
MGA) in the last one year traded as high as $62.56 in August 2008 and as low as $21.25 in March 2009. Based on the yesterday’s closing price of $48.31 the company has market cap of $5.44 billion.
The PMI Group, Inc, a mortgage insurer reported second quarter revenues fell 22% to $202.2 million from $259.6 million a year ago. Net loss in the quarter was $222.6 million or $2.71 per diluted share compared to net loss of $246.3 million or $3.03 per share a year ago.
The PMI Group, Inc (
PMI) in the last one year traded as high as $4.34 in September 2008 and as low as $0.31 in March 2009. Based on the yesterday’s closing price of $3.52 the company has market cap of $289.16 million.
Warner Chilcott Limited, the drug developer reported second quarter revenues rose 7% to $250.8 million from $234.2 million a year ago. Net income in the quarter rose 67% to $56 million or 22 cents per diluted share compared to net income of $33.6 million or 13 cents per share a year ago.
Warner Chilcott Limited (
WCRX) in the last one year traded as high as $16.61 in August 2008 and as low as $9.97 in March 2009. Based on the yesterday’s closing price of $15.99 the company has market cap of $4.02 billion.