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• Estee Lauder Companies, Inc.’s (NYSE:EL) second quarter 2012 quarterly earnings increased 17% year over year to $1.00 per share, but missed the Zacks Consensus Estimate of $1.01 by a penny
• After concerns arose that Idenix Pharmaceuticals, Inc.’s (Nasdaq:IDIX) hepatitis C drug would be unable to compete with Gilead Sciences, Inc. (Nasdaq:GILD) drug, shares of Idenix declined by 11.5%
• Genworth Financial Inc’s (NYSE:GNW) fourth quarter operating income came in at $0.17 per share, in line with the Zacks Consensus Estimate
• Sony Corporation (NYSE:SNE) reported that it has laid off 100 employees over the past few weeks
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