Channell Commercial, a designer and manufacturer of telecommunications equipment, posted 2Q net income of 13 cents per share, up from 10 cents per share for the same quarter last year on higher net sales and continued growth in the core telecommunications business.


Goodrich Petroleum, oil and gas company, reported a 2Q net loss of 2 cents per share, down vs. a profit of 15 cents per share for the same period last year despite strong revenue growth.

Lowe's Companies, home improvement retailer, posted 2Q net earnings of $1.05 per share, up from 87 cents per share for the same period last year on strong sales growth.

eMagin, OLED virtual imaging technology producer, announced a 2Q net loss of 5 cents per share, down vs. a net loss of 2 cents per share for the same period last year on decline of revenue growth.

Agilent Technologies, measurement company, posted 3Q earnings of 21 cents per share, up from 20 cents per share in the same period last year despite a slight decline in revenue growth.

Human Pheromone Sciences, mood enhancing compounds developing company, reported 2Q net loss of 6 cents per share compared with a net loss of 7 cents a share for the same period last year on a decline in revenue growth.

Double Eagle Petroleum, oil and gas company, reported 2Q earnings of 9 cents per share, down vs. 16 cents per share for the same period last year despite strong revenue growth due to higher operating costs and certain non-cash expenses.

Radica Games, electronic games maker, reported 2Q net loss of 18 cents per share compared to a net profit of 1 cent per share in the year-ago period despite an increase in sales due to the decline of the VGA business.

iVOW, a provider of disease management services for the treatment of chronic and morbid obesity, posted a 2Qnet loss of 5 cents a share, up vs. a net loss of 10 cents per share for the same period a year earlier on revenue growth.

Electric City, developer, manufacturer and integrator of energy savings technologies, reported a 222% increase over revenue in the same quarter last year.2Q net loss was 5 cents per share, down vs.4 cents per share for the year-ago period.

CORPORATE NEWS
Investing firm Kohlberg Kravis Roberts & Co. and Silver Lake Partners have won an auction to acquire the semiconductor business of Agilent Technologies Inc. for about $2.6 billion.The deal finalizes months of bidding by private-equity firms for the Palo Alto, Calif., technology company's chip unit, which designs and makes semiconductors used in fiber optics, computer storage and mobile phones.
Warburg Pincus LLC is expected Monday to announce a new private-equity fund with approximately $8 billion in capital, the latest in a line of big-ticket fund raising.

OTHER NEWS

Macquarie Bank, Australia’s biggest investment bank, announced it is considering making a cash bid for London Stock Exchange PLC as part of consortium.

China’s broadest measure money supply expanded to $3.42 trillion at the end of July, up 16.3% compared with last-year same period. The increased figures followed the decision of the central bank to let growth exceed its target ahead of a move to revaluation of the yuan. Meanwhile foreign-exchange deposits declined compared with the previous month.