Another day of big number for old winners

Just an example:

The Wall Street ournal, July 22, 2011.

  • General Electric reported a 21% rise in second-quarter profit and issued an upbeat outlook for the rest of the year.

  • Caterpillar posted a 44% rise in quarterly earnings on strong sales of machinery and power-systems equipment, though its bottom line fell short of Wall Street’s expectations.

  • McDonald’s reported a 15% rise in quarterly profit on sharply higher revenue, though it expects sales growth to ease this month.

  • Schlumberger’s second-quarter earnings rose 65% as the oil-field-services company posted double-digit revenue growth, led by North America.

    Verizon swung to a bigger-than-expected second-quarter profit, and formally named Lowell McAdam as chief executive, starting Aug. 1.

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