Banco Bilbao Vizcaya Argentaria SA (ADR) (NYSE:BBVA) shares jumped 11.26% and closed at $6.72 in the last trading session. The company last week reported second quarter net profit of 505 million euros ($620 million), down 58% as compared with EUR1.19 billion in the same period a year earlier. Net interest income, which was boosted by robust lending growth in Mexico and other Latin American countries, rose 16% to EUR3.74 billion. Analysts were expecting profit at EUR643 million and net interest income of EUR3.64 billion.
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EOG Resources, Inc. (NYSE:EOG) shares climbed 11.06% and closed at $106.75 in the previous trading session. UBS AG reissued their buy rating on shares of EOG Resources (NYSE: EOG) in a research report released on Friday.
Additionally, the company had posted second quarter profit of $395 million, or $1.47 per share, as compared with $296 million, or $1.10 per share, in the same period a year ago. Adjusted profit of $1.16 per share. Analysts on average had expected a profit of $0.91 per share.
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Deutsche Bank AG (USA) (NYSE:DB) shares gained 10.05% and closed at $31.20 in yesterday’s session. The company, on August 3, 2012, posted second quarter net income of 661 million euros ($811.20 million) from 1.2 billion euros in the year-ago quarter. Earnings per share fell to 0.68 euros from 1.24 euros in the prior-year quarter. Net revenues dropped 6% to 8 billion euros, despite benefit from foreign exchange rate movements.
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Teradata Corporation (NYSE:TDC) shares increased 8.02% and closed at $72.70 in the last trading session. Hilliard Lyons upgraded shares of Teradata from a neutral rating to a long rating in a research note released on Friday morning. They currently have $79.00 price target on the stock.
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Additionally, the company posted second quarter profit of $112 million, or $0.65 per share, as compared to $103 million, or $0.60 per share. Adjusted earnings were $0.77 per share in the latest quarter. Revenue rose 14% to $665 million from $581 million. Analysts, on average, had expected earnings of $0.65 per share on revenue of $661.4 million.
ArcelorMittal (ADR) (NYSE:MT) shares climbed 6.96% and closed at $15.07 in the previous trading session. On August 2, 2012, Dow Jones reported that Standard & Poor's agency has downgraded Arcelormittal's rating from BB+ to BBB- with negative outlook. The company said the downgrade was driven by a change in S&P’s view of the “macro-economic environment.”