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NEW YORK (

TheStreet

) -- Here are the top stock market headlines for the morning of Monday, August 10, 2009.

Monday's Earnings Roundup

  • Berkshire Hathaway (BRK.A) - Get Berkshire Hathaway Inc. Class A Report posted a 14% jump in second-quarter profit as the rebound in the stock market boosted the value of the company's derivative contracts. Berkshire recorded a mostly unrealized $1.5 billion gain on its derivatives during the quarter, compared to the unrealized $986 million derivative loss the company recorded in the first quarter.
  • Dish Network (DISH) - Get DISH Network Corporation Class A Report posted second-quarter earnings of 14 cents a share, down sharply from a year ago and below the Thomson Reuters average estimate of 67 cents a share. Costs and expenses ballooned due to the company's litigation battle with TiVo (TIVO) - Get TiVo Corp. Report over digital-video recording services. However, Dish reported the first net subscriber increase in five quarters.
  • Dynegy (DYN) reported a second-quarter loss of 41 cents a share, although that number may not be comparable to the consensus estimate for a loss of 4 cents a share. Dynegy also confirmed the sale of nine power plants to LS Power Associates, its one-time development partner.
  • Freddie Macundefined late Friday posted a quarterly loss, when including $1.1 billion in dividend payments on a huge amount of preferred stock that the Treasury holds in the company. Excluding those costs, it was $768 million in the black. Unlike counterpart Fannie Maeundefined, Freddie said it would not need additional funds from the government.

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