Earnings roundup: NY Times, GlaxoSmithKline

Among the earnings stories for Wednesday, July 23, from AP Financial News: Top stories: NEW YORK (AP)--New York Times Co.'s second-quarter earnings fell 82 percent from a year ago, when it saw a one-time gain from the sale of a unit, but print advertising continued to shrink and pulled down operating income, the publisher said Wednesday. Other stories: LONDON (AP)--GlaxoSmithKline PLC, the world's second-largest drug maker, posted a 3 percent drop in second-quarter profit on Wednesday, after strong competition from generic drugs outweighed asset sales and the cost-saving effects of job cuts. GRAND RAPIDS, Mich. (AP)--Household appliance maker Whirlpool Corp. said Wednesday its profit fell 27 percent in the second quarter because of higher material and oil-related costs, and lower U.S. demand. PHILADELPHIA (AP)--Regional bank... [read full story]