Mexican stocks extend recovery, end up 2.20 percent

(Reuters) - The benchmark IPC stock index surged 665.51 points
to 30,900.68 points. The peso currency firmed just 0.09
percent to close at 10.95 to the dollar.




In debt trading, the price of the benchmark government
10-year peso bond rose 0.310 points to bid 101.71,
with a yield of 7.72 percent.


Read more at Reuters.com Bonds News

UPDATE 1-CommScope 2nd-qtr profit up, Andrew Corp profit lower

(Reuters) - The company said second-quarter net profit was $61.1
million, or 83 per share, compared to $46.7 million, or 65
cents a share, a year earlier. Revenue rose 26 percent to
$519.1.




Analysts, on average, were expecting earnings per share of
76 cents on revenue of $505.8 million, according to Reuters
Estimates.


Read more at Reuters.com Market News

China's Stocks Advance for Seventh Day, Led by Shares of Builders, Banks

(Bloomberg) -- China's stocks rose for a seventh
day. China Vanke Co. led developers and banks higher on
speculation U.S. Treasury Secretary Henry Paulson may convince
the Chinese government to allow the yuan's gains to accelerate.

``A stronger yuan will boost profits at banks and
developers'' as investors are drawn to local assets, said Zheng
Tuo, who manages the equivalent of $790 million at Bank of
Communications Schroder Fund Management Co. in Shanghai.


Read more at Bloomberg Stocks News

B&G Foods posts higher quarterly profit

(Reuters) - Earnings per share of Class A common stock rose to 17
cents, from 14 cents, a year ago.




The Parsippany, New Jersey-based company's net sales rose
12.3 percent to $118.2 million.


Read more at Reuters.com Market News

Pitney Bowes swings to quarterly profit

(Reuters) - The year ago figures included costs related to restructuring.




Revenue increased 11 percent to $1.5 billion


Read more at Reuters.com Market News

Sun Microsystems posts 4th-qtr profit as costs fall

(Reuters) - Sun, which returned to profit in the second and third quarters after five consecutive quarterly losses, has tried to stage a recovery by revamping its product line, selling servers powered by chips from Advanced Micro Devices Inc. and Intel Corp. , among other moves. The company last year announced about 5,000 job cuts to reduce costs.




Shares of Sun, which also sells workstations, software, storage and services, have fallen 9.2 percent this year, as of Friday's close.


Read more at Reuters.com Business News

Bridgestone, Clarion, Isuzu, Komatsu, Shinsei Bank: Japan Equity Preview

(Bloomberg) -- The following stocks may move in
Japanese markets. Prices are as of the close of trading.
Statements were released after the close. Stock symbols are in
parentheses.

Bridgestone Corp. (5108 JT): The world's largest tiremaker
raised its annual unconsolidated profit forecast for the second
time because of a weaker yen. Net income may total 77 billion yen
($648 million) for the 12 months ending Dec. 31, compared with a
previous estimate of 73 billion yen, Bridgestone said in a
release. It also raised its unconsolidated sales forecast for
this year by 1 percent to 1.03 trillion yen and its operating
profit forecast by 10 percent to 108 billion yen. The stock fell
25 yen, or 1 percent, to 2,490.


Read more at Bloomberg Stocks News