Company News for July 29, 2010

• Colgate-Palmolive (NYSE:CL - Analyst Report) reported a one-cent second quarter beat with earnings of $1.17 on revenues up 1.8% to $3.8, shy of Street projections of $3.94 billion

• Becton Dickinson (NYSE:BDX - Analyst Report) topped consensus expectations by a nickel with fiscal third quarter earnings of $1.29 on a 3.1% revenue increase to $1.87 billion, which topped estimates of $1.85 billion

• Celanese (NYSE:CE - Analyst Report) reported a 4-cent earnings miss at $1.01 for the second quarter on revenues that climbed 21.9% to $1.51 billion, besting estimates of $1.46 billion

• CONSOL Energy (NYSE:CNX - Analyst Report) reported second quarter results of 45 cents, that missed estimates by 22 cents, on a 1.9% revenues gain to $2.56 billion, which missed projections of $2.60 million

• Avon (NYSE:AVP - Analyst Report) announced second quarter earnings of 48 cents, a 3-cent beat, on inline revenues up 8.1% to $2.67 billion

• Covidien (NYSE:COV - Analyst Report) noted fiscal third quarter earnings a nickel ahead of estimates at 85 cents on revenues up 1.9% to $2.56 billion, shy of estimates of $2.60 billion

• Southwest Airlines (NYSE:LUV - Analyst Report) topped estimates with second quarter earnings of 29 cents versus estimates of 27 cents, as revenues soared 21% to $3.2 billion, up from estimates of $3.15 billion

• Waste Management (NYSE:WM - Analyst Report) reported in-line second quarter earnings of 54 cents, on revenues of $3.16 billion, ahead of Street estimates of $3.1 billion

• Motorola (NYSE:MOT) reported a one-penny beat with second quarter earnings 9 cents on revenues of $5.4 billion, down 1.5%, but ahead of projections of $5.2 billion

• Raytheon (NYSE:RTN - Analyst Report) reported second quarter earnings 8 cents above estimates on revenues of $5.97 billion, that missed estimates of $6.42 billion

• ExxonMobil (NYSE:XOM - Analyst Report) reported second quarter results of $1.60, up from estimates of $1.46, or $7.56 billion, on revenues of $92.4 billion, that fell short of estimates of $96.86 billion

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