41. PHILIPS AND SIEMENS EARNINGS RISE Two big European electronics companies reported earnings gains. 42. Pittsburgh-based Mellon said the earnings gain reflected increased revenue from loans and higher fees from its Dreyfus mutual funds and mortgage-servicing units. 43. RWE said cost-cutting drove earnings gains in the units. 44. Schering-Plough Corp. and American Home Products Corp. also reported earnings gains. 45. Selland noted that part of the per-share earnings gain comes from a share buyback program. 46. Separately, Boeing reports an earnings gain for the third quarter that exceeds expectations. 47. Shares of software, semiconductor and computer companies gained for a second day amid optimism that they will report the biggest second-quarter earnings gains. 48. Schneider said shareholders will benefit from the strong earnings gain. 49. Since then, however, the stock tumbled even after Zoltek reported earnings gains. 50. Some technology stocks moved higher, as the market sorted out those issues likely to maintain their huge first-half earnings gains. |