LabCorp quarterly profit rises

(Reuters) - Second-quarter net earnings rose to $128.7 million, or $1.05 per share, compared with $116.4 million, or 87 cents per share, a year earlier.



Excluding special items, earnings were $1.09 per share.


Read more at Reuters.com Market News

Domino's second-quarter profit drops on expenses

(Reuters) - Second-quarter net income for the pizza delivery chain dropped to $2.3 million, or 4 cents per share, from $24.5 million, or 39 cents per share, a year earlier.



Excluding items, the company earned 28 cents per share.


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Zarlink reports first-quarter loss

(Reuters) - Zarlink, which is buying semiconductor firm Legerity
Holdings Inc. for $134.5 million in cash, said it lost $5
million, or 5 cents per share, in the three months ended June
29. That compares with a profit of $4.2 million, or 3 cents per
share, in the same period a year earlier.




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Watsco second-quarter profit falls

(Reuters) - For the latest quarter, income from continuing operations
was 88 cents a share, it added.




Analysts expected the company to report profit of 87 cents
a share, before items, on revenue of $482.9 million, according
to Reuters Estimates.



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Neurochem's tramiprosate gets FDA fast-track

(Reuters) - TORONTO, July 24 - Neurochem Inc. said on Tuesday the U.S. Food and Drug Administration has designated its tramiprosate treatment as a fast-track product for the treatment of Alzheimer's disease.



The biotechnology company said it planned to meet with the FDA in August to discuss its Phase 3 program and provide an update on North American Phase 3 clinical trials.


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Oil falls below $76, OPEC reassures on supply

(Reuters) - Oil fell more than $1 to below $76 a barrel on Tuesday after further assurance from OPEC it would pump more crude if needed and expectations of higher U.S. fuel stockpiles.

London Brent crude, now more representative of world prices than U.S. oil, declined for a third day -- slipping $1.11 to $75.75 a barrel by 1120 GMT.


Read more at Reuters Africa

CME profit rises as historic merger completed

(Reuters) - Second-quarter net income for CME Holdings was $126 million or $3.57 per share against $109.5 million or $3.12 a year ago.




Excluding expenses related to the merger, second-quarter earnings was $3.69 per share, up 18 percent. Analysts on average had expected net income of $3.66 per share, according to Reuters Estimates.


Read more at Reuters.com Mergers News