Dallas,Tx 7/23/2010 10:31:03 PM
News / Business

Stock Market Earnings Report: HON, ASH, MCD

Stock Market

Honeywell International Inc (NYSE: HON): Honeywell, shares are currently up 1.03% to 43.10 in the pre-market trading. The company shares have 52 week price range of $33.07 - $48.63. The company shares have 50 day moving average of $41.82 and 200 day moving average of $40.88. Honeywell, shares have support and resistance levels of $40.73 and $43.96.

 

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Honeywell International Inc a diversified technology and manufacturing company a 4% increase in quarterly profit for second quarter 2010. The company announced $468 million profit or $0.60 profit per share for second quarter 2010 over $450 million profit announced a year ago. The company sales increased 7.9% to $8.16 billion. The company, which topped analyst’s average of 57 cents per shares, said rebounding demand for the company’s industrial and automotive products boosted its revenue.

 

Ashland Inc., (NYSE: ASH): Ashland, shares are currently up 1.07% to $50.01 in the pre-market trading. The company shares have 52 week price range of $26.66 - $63.73. The company shares have 50 day moving average of $51.19 and 200 day moving average of $46.81. Ashland, shares have support and resistance levels of $47.03 and $50.07.

 

Ashland Inc a global speciality chemical company, reported today its third quarter 2010 results. For the third quarter 2010, the company reported net income of $148 million or $1.85 per share and a 16% increase in revenue to $2.36 billion compared to $2.04 billion a year earlier. Ashland, cited the growth in performance materials and distribution segments for increased sales.

 

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McDonald’s Corporation (NYSE: MCD): McDonald’s, shares are currently down 1.61% to $70.25 in the pre-market trading. The company shares have 52 week price range of $53.88 - $71.84. The company shares have 50 day moving average of $68.56 and 200 day moving average of $64.42. McDonald’s, shares have support and resistance levels of $69.73 and $71.79.

 

The world’s largest restaurant chain McDonald’s Corporation, today announced a 12% gain in the second quarter profits for 2010. Net Income rose to $1.23 billion or $1.13 per share, beating the average analyst estimate of $1.12 per share. The company announced a 5.3% increase in sales to $5.95 billion, bolstered by sales of frozen drinks in the three months ended in June.

 

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