Illinois Tool Works Inc (NYSE:ITW) decreased 3.23% to $51.84. The Company reported second quarter net income of $881 million or $1.85 per share compared to $499 million or $0.99 per share in the prior year quarter. Income from continuing operations was $1.11 per share versus $0.96 per share in the previous year quarter. However, analysts expected the Company to earn $1.10 per share for the quarter. Revenues rose 0.9% to $4.66 billion.
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Lockheed Martin Corporation (NYSE:LMT) went up 0.66% to $87.48. The Company reported second quarter EPS of $2.38 per share compared to estimate of $1.92 per share. Revenues were $11.92 billion compared to estimate of $11.29 billion. Net income increased 5.3% to $781 million. Revenue climbed 3.3% from $11.55 billion in the same period last year.
Lexmark International Inc (NYSE:LXK) moved down 14.36% to $16.46 after the Company announced second quarter results. Net income was $39.2 million or 55 cents per share compared to $101.3 million or $1.27 per share in the prior year period. Revenue decreased 12% to $918.6 million. However, analyst estimated earnings of 90 cents per share on revenue of $941.2 million.
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Altria Group Inc (NYSE:MO) went down 0.17% to $35.43 after the Company released second quarter results.Net income was $1.23 billion or 60 cents per share compared to $444 million or 21 cents per share in the prior year period. Revenue rose 14% to $4.58 billion. Wall Street analysts expected profit of 57 cents per share on revenue of $4.48 billion. The Company now expects profits to range from $2.19 to $2.23 per share for 2012.
NXP Semiconductors NV (NASDAQ:NXPI) slipped 2.14% to $21.51 after the Company announced second quarter results. The adjusted profit was 45 cents per share compared to analysts’ estimate of 40 cents. Revenue was $1.09 billion, beating the analysts’ estimate of $1.05 billion. The Company projected a profit of 50 cents to 62 cents per share on revenue of $1.08 billion to $1.15 billion for the third quarter.