2q

Cigna says its second-quarter net income jumped 39 percent compared to last year's quarter, when a hit from a discontinued business affected the managed care company's performance.

Cigarette maker Reynolds American Inc. said Friday its second-quarter profit fell almost 11 percent, chiefly on charges related to a legal case.

General Electric Co. says earnings grew 21 percent in the second quarter as its lending arm continued to recover from the recession.

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Hovnanian Enterprises Inc. says its loss more than doubled in its fiscal second quarter, as home orders fell sharply and the homebuilder booked higher land-related charges.

Japan lost its place as the world's No. 2 economy to China in the second quarter as receding global growth sapped momentum and stunted a shaky recovery.

Last fall's swine flu scare has helped health insurer profits in this year's second quarter by preventing expensive medical claims and creating healthy amounts of unspent reserves.

MeadWestvaco Corp. said Wednesday its second-quarter profit fell 60 percent from results that included an unusual gain a year ago.

Insurer WellPoint says its second-quarter profit rose 4 percent due to favorable reserve development, even as commercial enrollment continued to tumble in a tough economy.

Paint maker and retailer Sherwin-Williams Co. said Thursday its second-quarter profit jumped 15 percent, fueled by sales to contractors and industrial customers.