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Latest earnings news
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July 14, 2000: 10:45 a.m. ET
Rockwell International, Hertz, Altera report better-than-expected profits
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NEW YORK (CNNfn) - The early earnings news was all good Friday morning as Rockwell International, Hertz, Altera, AVX, Global Marine and Columbia Energy reported better-than-expected profits in the quarter ended June 30.
Rockwell motors by estimates
Electronics company Rockwell International Corp. (ROK: Research, Estimates) posted earnings for its fiscal third quarter of $170 million, or 90 cents a diluted share, up from $150 million, or 77 cents a share, a year earlier. Analysts surveyed by earnings tracker First Call forecast that the company would earn 87 cents a share. [click here for full story]
 Hertz trumps the Street
Rental company Hertz Corp. (HRZ: Research, Estimates) reported second-quarter earnings of $103.7 million, or 61 cents a share, up from $87.9 million, or 81 cents a share, in the year-earlier period. Analysts expected the company to earn 89 cents a share. [click here for full story]
Altera exceeds expectations
Chip maker Altera (ALTR: Research, Estimates) reported second-quarter earnings of $102.6 million before one-time items, or 49 cents a share, up from $51 million, or 25 cents a share, in the year-earlier period. Wall Street expected the company to earn 44 cents a share.
AVX earnings skyrocket
Electronic-device maker AVX Corp. (AVX: Research, Estimates) reported fiscal first-quarter earnings of $120 million, or 68 cents a share, compared with $17.4 million, or 10 cents a share, in the year-earlier period. Analysts expected AVX to earn 49 cents a share.
Global Marine sneaks by predictions
Offshore oil and gas driller Global Marine Inc. (GLM: Research, Estimates) reported second-quarter earnings of $28.1 million, or 16 cents a share, compared with $28.2 million, or 16 cents per share, in the year-earlier period. Analysts had expected earnings of 14 cents a share.
Columbia Energy blows away forecast
Natural-gas company Columbia Energy Group (CG: Research, Estimates) said second-quarter net income after discontinued operations rose to $47.7 million, or 59 cents a diluted share, compared with $26.1 million after discontinued operations, or 32 cents per share, in the year-earlier period. Analysts expected the company to earn 40 cents a share. 
-- compiled by Mark Gongloff
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