Epicstockpicks.com's Notable Wednesday`s Earnings (NSC, CVS, BA)

(EMAILWIRE.COM, July 29, 2010 ) New York, NY -Norfolk Southern Corp. (NYSE:NSC) lost 0.87% to $56.03 on 5.76 million shares. The company posted results that topped Wall Street's forecasts, as recovering businesses needed to ship more products and commodities. Net income was $392 million, or $1.04 per share, compared with profit of $247 million, or 66 cents per share, a year earlier. Analysts, on average, had looked for profit of 99 cents per share, according to Thomson Reuters.

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Norfolk Southern Corporation controls a freight railroad, Norfolk Southern Railway Company. Norfolk Southern Railway Company is primarily engaged in the rail transportation of raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, through interchange with rail carriers, to and from the rest of the United States.

CVS Caremark Corporation (NYSE:CVS) increased 3.07% to $31.54 with over 28.02 million shares. The company announced revenues, operating profit, and net income for the three and six months ended June 30, 2010. Net revenues for the three months ended June 30, 2010, decreased $864 million, or 3.5% to $24.0 billion, down from $24.9 billion in the prior year period.

CVS Caremark Corporation is a health care provider in the United States. It is a pharmacy services company and provides value for its customers by managing pharmaceutical costs and improving health care outcomes through its pharmacy benefit management.

The Boeing Company (NYSE:BA) slid 1.89% to $67.32 on over 5.54 million shares because of weaker-than-expected earnings in its military business for the second quarter, according to J.P. Morgan analyst Joseph Nadol.

So far, the market capitalization of the stock stands at $51.10 billion. The stock opened today at $67.62. The Boeing Company is involved in the design, development, manufacture, sale and support of commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems and services.

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