11:00 AM New York - Brunswick Corporation led gainers in the S&P 500 index with a rise of 16.3%. Goodyear Tire swings to second quarter profit. Exxon Mobil earnings rise by $3.6 billion. Automatic Data Processing profit falls. Southwest Airlines' quarterly profit rises 23%. Motorola net jumps on 1.5% lower revenue.
Vistaprint N.V. led the decliners in the S&P 500 index with a loss of 30.8% followed by losses in AsiaInfo-Linkage, Inc. of 20.4% and in CommScope, Inc. of 19.0%, and in Harsco Corporation of 18.9% and in Covance Inc. of 15.6%.
Brunswick Corporation led gainers in the S&P 500 index with a rise of 16.3% followed by gains in Citrix Systems, Inc. of 14.9%, in Itron, Inc. of 10.9% and in Ameriprise Financial, Inc. of 9.9% and in Teradyne, Inc. of 9.8%.
Other Movers
Akamai Technologies, Inc. (
AKAM) declined 5.0% or $2.23 to $41.80 after the Internet infrastructure provider said its margins declined as it added larger customers.
Ameriprise Financial, Inc. (
AMP) fell 1.1% or 46 cents to $38.28 after the asset manager and broker said second quarter revenues rose 38% to $2.58 billion from $1.87 billion a year ago. Net income in the quarter rose 173% to $259 million or 98 cents per diluted share compared to net income of $95 million or 41 cents per share a year ago.
Arris Group Inc. (
ARRS) dropped 3.6% or 43 cents to $11.49 after the communications technology company said second quarter revenues rose 0.7% to $280.4 million from $278.5 million a year ago. Net income in the quarter fell 13.5% to $19.8 million or 15 cents per diluted share compared to net income of $22.9 million or 18 cents per share a year ago.
Arrow Electronics, Inc. (
ARW) rose 1.2% or 30 cents to $24.44 after the electronics and computer products distributor said second quarter sales rose 36% to $4.61 billion from $3.39 billion a year ago. Net income in the quarter rose 451% to $116.2 million or 96 cents per diluted share compared to net income of $21.1 million or 18 cents per share a year ago.
Assurant, Inc. (
AIZ) advanced 0.03% or 1 cent to $36.49 after the specialty insurer said second quarter revenues fell 6% to $2.14 billion from $2.27 billion a year ago. Net income in the quarter fell 15% to $164.2 million or $1.46 per diluted share compared to net income of $193.3 million or $1.63 per share a year ago.
Automatic Data Processing, Inc. (
ADP) rose 0.09% or 4 cents to $42.14 after the provider of business outsourcing solutions reported fourth quarter revenues rose 5% to $2.2 billion from $2.1 billion a year ago. Net income in the quarter fell 41% to $207.9 million or 42 cents per diluted share compared to net income of $352.8 million or 70 cents per share a year ago.
Avon Products, Inc. (
AVP) fell 0.07% or 2 cents to $29.51 after the direct seller of beauty products reported second quarter revenues rose 8% to $2.68 billion from $2.48 billion a year ago. Net income in the quarter rose 102% to $167.6 million or 39 cents per diluted share compared to net income of $82.9 million or 19 cents per share a year ago.
AstraZeneca Plc (
AZN) added 2.1% or $1.11 to $52.62 after the biopharmaceutical company said first half revenues rose 7% to $16.8 billion from $15.7 billion a year ago. Net profit for the first half rose 27% to $4.88 billion or $3.36 per diluted share compared to net profit of $3.85 billion or $2.66 per share a year ago.
Ball Corporation (
BLL) fell 1.1% or 69 cents to $57.09 after the provider of metal and plastic packaging services reported second quarter revenues rose 18% to $2.0 billion from $1.7 billion a year ago. Net income in the quarter fell 48% to $69.0 million or 74 cents per diluted share compared to net income of $133.3 million or $1.40 per share a year ago.
BMC Software, Inc. (
BMC) dropped 0.2% or 11 cents to $37.80 after the software vendor said first quarter revenues rose 2% to $461 million from $450.0 million a year ago. Net income in the quarter rose 12.6% to $92.8 million or 50 cents per diluted share compared to net income of $82.4 million or 44 cents per share a year ago.
Bruker Corporation (
BRKR) gained 7.9% or 91 cents to $12.30 after the maker of scientific instruments said second quarter revenues rose 19% to $300.9 million from $252.5 million a year ago. Net income in the quarter rose 75% to $22.6 million or 14 cents per diluted share compared to net income of $12.9 million or 8 cents per share a year ago.
Brunswick Corporation (
BC) rose 0.5% or 8 cents to $14.64 after the global manufacturer and marketer of recreation products reported second quarter revenues rose 41% to $1.01 billion from $718.3 million a year ago. Net income in the quarter was $13.7 million or 15 cents per diluted share compared to net loss of $163.7 million or $1.85 per share a year ago.
Bunge Limited (
BG) declined 8.7% or $4.72 to $49.25 after the global agribusiness and food company reported second quarter revenues were flat at $11 billion. Net income in the quarter rose 468% to $1.78 billion or $11.15 per diluted share compared to net income of $313 million or $2.28 per share a year ago.
Cabot Corporation (
CBT) rose 3.9% or $1.10 to $29.00 after the global performance materials company said third quarter revenues rose 47% to $753 million from $511 million a year ago. Net income in the quarter was $47 million or 72 cents per diluted share compared to net loss of $12 million or 19 cents per share a year ago.
Cabela’s Incorporated (
CAB) fell 1.7% or 29 cents to $16.35 after the specialty retailer reported second quarter revenues fell 4% to $526 million from $549.2 million a year ago. Net income in the quarter rose 98% to $18.0 million or 26 cents per diluted share compared to net income of $9.1 million or 14 cents per share a year ago.
Celanese Corporation (
CE) fell 2.3% or 69 cents to $28.44 after the chemical maker reported second quarter revenues rose 22% to $1.52 billion from $1.24 billion a year ago. Net income in the quarter rose 49.5% to $160 million or $1.01 per diluted share compared to net income of $107 million or 69 cents per share a year ago.