Company News for August 6, 2010

• Kraft (NYSE:KFT) reported after-the-close results of 60 cents, 8 cents higher than Zacks expectations, on revenue of $12.2 billion, slightly below Zacks expectations of $12.3 billion

• Pepco (NYSE:POM) topped earnings expectations with second quarter profits of 34 cents, 12 cents ahead of Zacks projections, on a 1.8% revenue drop to $1.6 billion, which missed estimates of $2.4 billion

• Warner Chilcott (NASDAQ:WCRX) reported better-than-expected earnings and sales, as second quarter interims posted at 98 cents, a 17-cent beat, on revenues of $815.6 million, a 225% gain that beat estimates of $752 million

• CF Industries (NYSE:CF) reported second quarter earnings of $2.51 on revenues of $1.3 billion, up 32% from a year earlier, and up from estimates of $1.2 billion.

• AIG (NYSE:AIG) reported better-than-expected second quarter earnings of $1.14, up from Zacks estimates of 99 cents, on revenues of $19.99 billion

• Progress Energy (NYSE:PGN) posted second quarter earnings one cent higher than expected at 63 cents, on $2.37 billion in revenues, slightly above expectations of $2.36 billion

• Goldman Sachs (NYSE:GS) maintained a "neutral" rating on Wynn (NASDAQ:WYNN), but raised the price target to $97 from $88

• FBR upgraded Hyatt (NYSE:H) to "market perform" from "underperform," taking the price target to $44 from $38

Read the full analyst report on KFT

Read the full analyst report on POM

Read the full analyst report on WCRX

Read the full analyst report on CF

Read the full analyst report on AIG

Read the full analyst report on PGN

Read the full analyst report on GS

Read the full analyst report on WYNN

Read the full analyst report on H