Delta Air Lines Profit Rises 17%

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Delta Air Lines Inc. said its second-quarter earnings jumped 17%, driven by higher passenger and operating revenue as traffic increased.

General Dynamics Profit Slips

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General Dynamics's second-quarter earnings slipped as the defense contractor recorded sales declines in three of its four business units, including its Gulfstream business-jet unit.

Dow Chemical's Sales Better-Than-Seen

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Dow Chemical said its second-quarter sales rose a better-than-expected 2% as the company reported growth in all its operating segments.

Northrop Profit Boosted by Lower Costs

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Northrop Grumman Corp. on Wednesday reported a 4.7% increase in second-quarter profit as the defense contractor cut costs, masking a decrease in sales.

Simon Property Profit Jumps

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Simon Property Group said its second-quarter profit rose 20% as occupancy and rents increased; the company also raised its earnings outlook for the year.

Biogen Idec's Profit Surges

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Biogen Idec said robust sales of its multiple-sclerosis treatments Tecfidera and Tysabri helped drive up its earnings by 46% in the second quarter.

Praxair Profit Rises, but Top End of Outlook Is Cut

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The industrial-gas company's bottom line was helped by higher sales; CEO doesn't see significant economic improvement in second half.

Great Wall Motor Expects First-Half Profit Decline

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Chinese car maker Great Wall Motor expects its first-half net profit to fall 3% from a year earlier due to a collapse in sedan sales and repeated delays of a flagship-model launch.

Thermo Fisher Revenue Surges

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Thermo Fisher Scientific second-quarter revenue jumped 33% as the laboratory-equipment maker's benefited from its recent acquisition of Life Technologies and saw revenue growth across segments.

Interest in Riskier Currency Bonds Stirred, Not Shaken

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Some of the highest-yielding bonds in emerging markets, debt denominated in local currencies, are rallying despite rising jitters over these fast-growing countries.

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