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Costco August same-store sales up 7 percent (Reuters)

Reuters – Costco Wholesale Corp , the largest U.S. warehouse club operator, reported a 7 percent rise in August sales at stores open at least a year, aided by surge in gasoline prices and foreign currency gains.

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China’s CCB posts 20 percent rise in Q2 net (Reuters)

Reuters – China Construction Bank (CCB) (0939.HK) (601939.SS), posted a 20 percent rise in second-quarter profit as the world’s second-biggest lender by market value seeks to raise $11 billion to fuel growth restrained by a weak capital base.

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Loews and CNA earnings up on investment gains (Reuters)

Reuters – Loews Corp , run by the billionaire Tisch family, posted an 8 percent rise in quarterly net profit, as the conglomerate recorded a gain on investments.

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Shell Q2 net profit up 15 percent (AP)

AP – Royal Dutch Shell, Europe’s largest oil company, reported a 15 percent rise in net profit for the second quarter thanks to higher oil and gas prices and the early completion of a cost-cutting program.

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Honeywell tops Street view, raises 2010 forecast (Reuters)

Reuters – Diversified U.S. manufacturer Honeywell International Inc reported a 4 percent rise in quarterly profit and boosted its full-year forecast, citing rebounding demand for its industrial and automotive products.

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Microsoft profit beats Street but stock unmoved (Reuters)

Reuters – Microsoft Corp easily beat Wall Street forecasts with a 48 percent rise in quarterly profit, but its shares barely moved in the absence of powerful new signs of a rebound in global tech spending.

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MUFG profit up 59 percent, scales back Morgan plan

TOKYO (Reuters) – Mitsubishi UFJ Financial Group posted a 59 percent rise in quarterly profit helped by stronger lending, becoming the third major Japanese bank to post market-beating results, in a sign that Tokyo’s lenders may now be on the mend. Read the rest here: MUFG profit up 59 percent, scales …

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Barclays profit up 8 percent, bad debts almost double

LONDON (Reuters) – Barclays Plc fell short of expectations with an 8 percent rise in half-year profit as bad debts at Britain’s second biggest bank almost doubled to offset buoyant earnings from its enlarged investment bank. Continue reading here: Barclays profit up 8 percent, bad debts almost double

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