The world's largest Internet retailer Amazon.com Inc reported
second-quarter profit that rose more than analysts’ forecasts on strong
flat-panel TV and jewelry demand and higher overseas sales.
The world's second-biggest luxury carmaker Daimler AG said weak U.S. sales hurt profit and cut its earnings forecast.
The Dow Chemical Company reported 27% drop in second-quarter net
income as two steep price increases announced during the quarter failed
to offset sharply higher costs for fuel and raw materials.
The world's third-largest automaker Ford Motor Company announced
plans to transform its vehicle lineup and reported a massive $8.7B net
loss for the second quarter. The company said it will make big changes
to the vehicles it sells domestically - bringing six small cars made in
Europe to the North American market.