Dominion Resources, Inc. (NYSE:D) stock declined 0.39% to
$54.10 in the morning hour after the company reported second-quarter GAAP net
earnings of $258 million or $0.45 per share, from $336 million or $0.58 per
share in the year ago quarter. Operating earnings amounted to $337 million or
$0.59 per share, as compared to $338 million or $0.59 per share for the same
period in 2011. Analysts expected the company to report earnings of $0.60 per
share for the quarter.
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Owens Corning (NYSE:OC) shares fell 3.20% to $26 in the
early hour after the company reported second quarter net earnings of $39
million, or $0.32 per diluted share, as compared to $79 million, or $0.62 per
diluted share reported for the corresponding quarter last year. Adjusted
earnings for the second quarter of 2012 were $66 million, or $0.54 per share.
Consolidated net sales declined to $1.39 billion from $1.45 billion in the same
period last year. Analysts expected earnings per share of $0.64 on revenues of
$1.50 billion for the quarter.
Zynga Inc (NASDAQ:ZNGA) stock fell 2.90% to $2.86 in the
morning hour and made another record low of $2.75. An investor in shares of
Zynga filed a lawsuit in the U.S. District Court for the Northern District of
California against Zynga, Inc. over alleged violations of Federal Securities
Laws in connection with certain financial statements. Shares of the have lost 41%
since reporting its second quarter earnings which was below analysts’ target
and the company trimmed its full year earnings estimates.
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Triangle Petroleum Corporation (NYSEAMEX:TPLM) shares
climbed 6.62% to $5.96 in the early hour after the company today announced an
investment by Natural Gas Partners ("NGP"), an Irving, Texas based
private equity firm, a revised capital expenditure program and provided an
operational update including operated well results and RockPile Energy Services
developments.
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Mastercard Inc (NYSE:MA) stock declined 2.97% to $423.62
after the company earned $700 million, or $5.55 per share in the second
quarter, up from $608 million, or $4.76 per share, a year earlier. Adjusted
profit was $713 million, or $5.65, beating analysts' estimates. Net revenue
increased 9.2% to $1.82 billion. Analysts were expecting the company to earn
$5.58 per share on revenue of $1.88 billion.
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