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Cigna reports loss after reinsurance business charge
PHILADELPHIA (AP) Cigna Corp. reported a loss of $53 million for the second quarter due to a charge for operations of a reinsurance business that is being discontinued.

ChevronTexaco's second-quarter profit nearly quadruples
SAN RAMON, Calif. (AP) ChevronTexaco Corp. said Friday its second-quarter earnings nearly quadrupled, and vowed to become even more profitable with a financial tune-up that will include selling nearly half its U.S. gas stations.

United Airlines loses $623 million
CHICAGO (AP) United Airlines' parent company on Friday reported a $623 million second-quarter loss, despite receiving $300 million in government aid, as the war in Iraq and SARS contributed to the bankrupt carrier's woes.

Delhaize profit falls, but cites improving sales at U.S. stores
BRUSSELS, Belgium (AP) The grocer Delhaize Group said Friday its profit fell 80 percent in the second quarter but said higher sales at chains such as Food Lion and Kash n' Karry in the United States helped offset the impact of the weaker dollar.

United Airlines parent posts $623 million loss
CHICAGO (AP) United Airlines' parent company said Friday it lost $623 million in the second quarter nearly double its loss of a year ago but its smallest deficit of the past year as it progresses through a bankruptcy overhaul.

Disney profits rise, although theme parks remain weak
LOS ANGELES (AP) Shares of The Walt Disney Co. rose 3 percent Friday after the company posted a 10 percent rise in profits on a strong film slate, including the animated fish tale ``Finding Nemo,'' and higher advertising revenue at its ABC Television network.

Japan Airlines System posts first-quarter loss on Iraq war, SARS outbreak
TOKYO (AP) Japan's biggest airline reported Friday that it lost 77.2 billion yen ($641 million) in its first fiscal quarter as the war in Iraq and the outbreak of SARS in Asia depressed international passenger travel and the cargo business.

Disney profits rise, although theme parks remain weak
LOS ANGELES (AP) Profits rose nearly 10 percent at The Walt Disney Co. in the third quarter on strong results from its movie and television divisions, although weak attendance at Disney's theme parks hurt the company's performance.

TXU earnings fall due to discontinued businesses
DALLAS (AP) Energy retailer TXU Corp. said Thursday its earnings fell from a year ago, when results included a discontinued telecommunications business and European operations that the company sold.

John Hancock earnings triple on stock gains
BOSTON (Dow Jones/AP) Profit at John Hancock Financial Services Inc. nearly tripled in the second quarter, a result driven by its retail insurance business and the strength of its investment-management operations.

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News from Associated Press
Automatically updated at 6:08 PM

* Scholastic shares down on profit-taking after 'Harry Potter' launch
* GOP wants private competition within Medicare; drug bill heads toward votes
* Supreme Court strikes down California law meant to help Holocaust survivors
* Judge refuses to dismiss case against ex-Tyco executives; September trial set
* Government upgrading standards for tires
* Big Movers in the Stock Market
* A status report on Wall Street's major indexes
* Marvel shares fall on disappointing opening for 'Hulk' movie
* Canada: No bank mergers until late 2004
* Boeing CEO Condit not optimistic about market

News from Reuters
Automatically updated at 6:09 PM

* U.S. stocks sag on dour earnings news; Fed awaited
* Apple Unveils G5 Computer, Doubles Power
* Top Court Upholds Internet Library Filters
* Harry Potter Rally Crashes for Bookseller
* UPDATE2-Maynard Jackson, Atlanta's first black mayor, dies
* Sportsline Sells Gambling Information Web Site
* U.S. stocks end lower; earnings warnings weigh
* Microsoft Rebrands Mobile Software with 'Windows'
* July court date announced for U.S. fighter Tyson
* Boston church sex victim recovers from near-drowning


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