Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Earnings Roundup: Hasbro, Inc. (HAS), Halliburton Company (HAL), SunTrust Banks, Inc. (STI) and BB&T Corporation (BBT)

Among the list of companies that released their earnings for the second quarter 2014 on July 21, 2014, included Hasbro, Inc. (NASDAQ:HAS), Halliburton Company (NYSE:HAL), SunTrust Banks, Inc. (NYSE:STI) and BB&T Corporation (NYSE:BBT).

Halliburton Company (NYSE:HAL)

Hasbro, Inc.’s (NASDAQ:HAS) revenue for the second quarter 2014 has shown a rise of 8.22% at $829.3 million, compared to $766.3 million for the same period a year ago. At the same time, the Net Income for Hasbro, Inc.’s (NASDAQ:HAS) has shown a decline of 8.22% i.e. from $36.5 million a year ago to $33.5 million.

Meanwhile, Hasbro’s President and CEO Brian Goldner said, “Second quarter performance reflects our continuing re-imagination of brands across the brand blueprint and the positive impact of our investment and focus on strategic growth opportunities within Hasbro.”

Halliburton Company (NYSE:HAL) reported a rise in the second quarter 2014 revenue at $8.1 billion compared to $7.3 billion in the first quarter of 2014. The company also reported a 24.56% rise in income from continuing operations at $776 million for the second quarter 2014 compared to $623 million a year ago.

The oilfield services company attributed the rise in performance to a significant improvement in its activities in North America and the Eastern Hemisphere.

In addition, the company promoted Jeff Miller, the CEO and executive vice president, to the post of President and appointed him to Halliburton’s Board of Directors with effect from August 1, 2014.

SunTrust Banks, Inc. (NYSE:STI) has reported a net income of $387 million for the second quarter 2014 compared to a net income of $365 million for the same period last year and $393 million in the first quarter of 2014.

Meanwhile, the total revenue for the company increased by $171 million or 8% to $2.20 billion compared to $2.03 billion in the first quarter of 2014.

Last but not the least, BB&T Corporation (NYSE:BBT) reported a lower net income figure at $425 million for the second quarter 2014 compared to $547 million in the same period last year, reflecting a fall of 22.3%.

The company attributed the fall in its net income to mortgage and tax related reserve adjustments which had an after-tax impact of $88 million.

Disclosure: none

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...