Second-Quarter Earnings

American Express

12 % increase

T he third-largest U.S. credit-card network said second-quarter profit climbed 12 percent to $1.06 billion, or 88 cents a share, from $945 million, or 76 cents, a year earlier, beating analysts’ estimates . Revenue after interest expenses advanced 9 percent to $7.13 billion .

Hasbro

INCOME SLUMPS

The world’s second-largest toymaker said profit slumped 82 percent on costs to end part of a contract with George Lucas. Second- quarter net income fell to $4.8 million, or 3 cents a share, from $27.1 million, or 7 cents, a year earlier . Excluding the charge for Lucas, profit exceeded analysts’ estimates .

Halliburton

PROFIT DOUBLES

T he world’s second- largest oilfield contractor said second- quarter net income more than doubled on a gain from selling subsidiary KBR Inc.

Profit climbed to $1.53 billion, or $1.62 a share, from $591 million, or 55 cents, a year earlier . Revenue rose 20 percent to $3.74 billion.

Netflix

50% increase

Netflix earned $25 .6 million, or 37 cents per share, in the three months ended in June. That represented a 50 percent increase from net income of $17 million, or 25 cents per share, at the same time last year. Revenue totaled $303.7 million . Earnings topped analysts’ estimates.

Texas Instruments

Profits fall

P rofit plunged almost 75 percent from the same period last year . Net income was $610 million, or 42 cents per share, down from $2.39 billion, or $1.50 per share, in the second quarter of 2006. In the year-ago quarter, the company reaped $1.65 billion from a sale, royalty settlement and tax refund .

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