Company News for July 24, 2009

• Schlumberger (NYSE:SLB - Analyst Report) reported second quarter earnings of 68 cents a share, a nickel above projections, on in-line revenues of $5.53 billion, off 18.1%

• Black and Decker (NYSE:BDK) posted second quarter earnings of 63 cents a share, which beat estimates by 26 cents, on in-line revenues of $1.19 billion, off 27.4%

• Ingersoll-Rand (NYSE:IR - Snapshot Report) reported second quarter earnings of 50 cents a share, 11 cents better than expected, as revenues increased 12.8% to $3.47 billion.  The company said it sees third-quarter earnings of 55 cents to 70 cents a share, versus estimates of 52 cents; full-year guidance of $1.50-$1.80 exceeded Street estimates of $1.32

• Dover (NYSE:DOV - Analyst Report) reported second quarter earnings of 54 cents a share, 8 cents above estimates, on in-line revenues of $1.4 billion, off 30%

• Ashland (NYSE:ASH - Snapshot Report) reported fiscal third quarter earnings of $1.10 a share, 9 cents higher than projected, on in-line revenues of $2.04 billion, off 7.5%

Read the full analyst report on SLB

Read the full analyst report on BDK

Read the full analyst report on IR

Read the full analyst report on DOV

Read the full analyst report on ASH