Earnings roundup: Halliburton, Tower International

Earnings roundup: Halliburton's 2Q profit falls; Tower International posts loss

Associated Press

Among the earnings stories for Monday, July 22, from AP Business News:

— Halliburton Co.'s second-quarter profit fell 8 percent as revenue declined in North America, but international growth helped the oilfield operator slightly beat Wall Street expectations.

— Tower International Inc. shares fell after the auto parts maker reported a $45.1 million second-quarter loss and said its largest stakeholder plans to sell 6 million of its shares in a public offering.

— Lennox International Inc., the maker of furnaces, air conditioners and other products, said that its second-quarter net income jumped 44 percent thanks to higher sales in its residential business.

— RPM International Inc. said that its fiscal fourth-quarter net income fell 21 percent due to falling value of its investments in India. But the specialty chemical maker reported adjusted results that beat expectations and it posted a positive full-year outlook, pushing its shares up slightly.

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