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Earnings

Coca-Cola Co.

Second-quarter net income rose 22 percent despite lingering pockets of weak sales overseas for the Atlanta soft drink giant. Earnings for the quarter ended June 30 beat consensus Wall Street forecasts by 2 cents per share.

2ndQtr Year Ago

Revenue $5.29-bil $5.48-bil

Net Income $1.1-bil $926-mil

Per Share 45 cents 37 cents

IBM Corp.

While posting an 8 percent increase in second-quarter profits, the Armonk, N.Y., computer and technology company's revenue for the quarter ended June 30 failed to meet Wall Street's expectations of $22.5-billion.

2ndQtr Year Ago

Revenue $21.57-bil $21.65-bil

Net Income $2.05-bil $1.94-bil

Per Share $1.15 $1.06

Boeing Co.

The aircraft company posted a 35 increase in earnings, for the quarter ended June 30, beating analysts' expectations. Boeing will move its corporate headquarters from Seattle to Chicago in September.

2ndQtr Year Ago

Revenue $15.37-bil $14.84-bil

Net Income $840-mil $620-mil

Per Share 99 cents 71 cents

AOL Time Warner Inc.

Revenue growth slowed thanks to a drop in advertising, although the New York media conglomerate beat Wall Street's earnings estimates for the three months ended June 30.

2ndQtr Year Ago

Revenue $9.2-bil $8.91-bil

Net Income -$734-mil -$927-mil

Per Share -17 cents -22 cents

Sears, Roebuck and Co.

One-time charges, including costs for its exit from the cosmetics business and the shutdown of HomeLife Furniture Corp., forced the Hoffman Estates, Ill., retailer to post a loss for the quarter ended June 30.

2ndQtr Year Ago

Revenue $10.23-bil $10.05-bil

Net Income -$197-mil $388-mil

Per Share -60 cents $1.11

Ford Motor Co.

Costs tied to replacing 13-million Firestone tires and restructuring charges involving Mazda Motor Corp. resulted in a loss for the Dearborn, Mich., automaker in the quarter ended June 30. Ford still topped analysts' forecasts.

2ndQtr Year Ago

Revenue $42.31-bil $44.5-bil

Net Income -$752-mil -$577-mil

Per Share -41 cents -47 cents

Kraft Foods

In its first report as a publicly traded company, the Northfield, Ill., food company slightly exceeded Wall Street's expectations. Year-ago results are reported on a pro forma basis.

2ndQtr Year Ago

Revenue $8.69-bil $6.97-bil

Net Income $505-mil $568-mil

Per Share 33 cents 39 cents

Catalina Marketing Corp.

The St. Petersburg electronic coupon distributor reported that net income in the fiscal quarter ended June 30 remained depressed thanks to decreased promotion budgets by the consumer products companies it serves in supermarkets. Revenues at the company's new service in drugstores were up 98 percent compared with a year ago, and the business unit was profitable for the second consecutive quarter.

1stQtr Year Ago

Revenue $94.4-mil $93.9-mil

Net Income $9.4-mil $11.7-mil

Per Share 16 cents 20 cents

Madison Bank

The Palm Harbor bank reported a 43 percent increase in income for the quarter ended June 30.

2ndQtr Year Ago

Net Income $278,000 $195,000

Per Share 18 cents 13 cents

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