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Wednesday, industrial pump and valve maker Flowserve Corp. (FLS), reported a decline in second-quarter earnings from last year, hurt by charges related to the its restructuring initiatives. Earnings for the quarter, however, came in above Street estimates. Sales for the quarter decreased 6% over the prior year, mainly due to lower sales in the company's Flow Control and Flow Solutions divisions. Adjusting its forecast for fiscal year 2009, the company raised its full year earnings guidance.

CALGARY, ALBERTA--(Marketwire - July 29, 2009) - THIS PRESS RELEASE IS NOT TO BE DISTRIBUTED TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. Canoro Resources Ltd. ('Canoro' or the 'Company') (TSX VENTURE:CNS) today filed its Annual Information Form (AIF), audited consolidated financial statements and related Management's Discussion and Analysis for the year ended March 31, 2009 with Canadian securities regulators on the System for Electronic Document Analysis and Retrieval (SEDAR). The AIF includes the disclosure and reports relating to oil and gas reserves data and other disclosures for oil and gas activities required pursuant to National Instrument 51-101 of the Canadian Securities Administrators. Copies of the AIF, audited financial statements and related Management's Discussion and Analysis may be accessed electronically from www.sedar.com.

Among the companies whose shares are expected to see active trade in Thursday's session are Exxon, MasterCard, Motorola and Disney.

Healthcare information service provider Cerner Corp. (CERN ), Wednesday reported a rise in profit for the second quarter despite revenues being virtually flat with last year. Earnings for the quarter came in line with Street estimates, while revenues fell short. Cerner also provided its revised forecast for full year 2009, reaffirming earnings guidance and lowering its revenue outlook. The company also issued third quarter earnings forecast in line with the current Street estimates and revenues below analysts' expectations.

Financial technology company Fiserv Inc. on Wednesday reported better-than-expected second quarter profit as costs declined and the company sold a majority stake in its insurance business.

The miner will make a clear case for its future as a standalone company with initiatives to cut costs and create efficiencies in response to Xstrata's proposed 'merger of equals'

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 29, 2009) - EACOM Timber Corporation (NEX:ETR.H) today reported its financial results for the year ended March 31, 2009. Results of operations for the year ended March 31, 2009 The loss and comprehensive loss for the year ended March 31, 2009 was $1,870,000 ($0.05 per common share) compared to $227,000 ($0.01 per common share) for the prior year. The increase in the loss from the prior year is due to the absence of a significant gain in the current year. In the prior year the Company recognized a gain on the sale of biopharmaceutical assets of $4,005,000 which substantially offset the loss from operations for the year. In the current year the company recognized a gain on the sale of biopharmaceutical assets of only $75,000.

Alcoa?s (AA) executive chairman and former CEO Alain Belda will retire from the company on Monday, Alcoa said in a regulatory filing Wednesday, ending Belda?s 40-year career at the company. Belda will remain chairman of the aluminum giant?s board

Tech giants Yahoo and Microsoft announce an internet search deal to help the two companies take on chief rival Google.

Alcoa executive chair, former CEO Belda to retire Alcoa Inc. said yesterday executive chairman and former CEO Alain Belda will retire as an executive of the aluminum company effective Saturday, but will continue as board chairman until his term ...