Top Earnings Gappers (July 24, 2007)

(AAPL) Apple trading down almost 2% on perceived weak AT&T iPhone hook-ups in last 2 days of June.
(AXP) American Express $0.88 EPS (on gain) vs. $0.86 estimate; traded down almost 2% after saying it was seting aside almost $1 Billion for customers who were missing payments.
(CFC) Countrywide missed earnings and lowered guidance; trading lower by almost 7% pre-market.
(DD) DuPont traded down 2%or more after posting EPS that were flat on higher energy costs.
(EMC) $0.16 EPS &.R$3.12B vs. $0.16.$3.07B Estimates.
(JBLU) Jetblue $0.11 EPS vs $0.12 estimate.
(LMT) Lockheed Martin $1.78 EPS vs $1.53 estimate; shares trading up over 3% pre-market.
(MCD) McDonald’s $0.71 EPS vs $0.71 estimate; was loss after charges and items; shares trading down 1% pre-market.
(MICC) Millicom trading down 11% after earnings reports overseas.
(PEP) Pepsi $0.94 vs $0.89 estimate; put 2007 guidance $3.35 vs. prior $3.30 target; shares indicated down 0.5%.
(T) AT&T $0.70 vs $0.67 estimate; shares trading down 0.4% pre-market.
(TXN) Texas Instruments traded down over 3% after meeting $0.42 EPS targets; guided $0.46-0.52 cents per share, in line w/ estimates on revenue of $3.49 to $3.79 billion ($3.7 billion est.).
(UPS) UPS $1.04 EPS vs. $1.03 estimate.