Among the earnings stories for Wednesday, June 3, from AP Financial News: COLUMBIA, Md. (AP) ¿ Martek Biosciences Corp., which sells nutritional oils and dietary supplements, said its fiscal 2009 second-quarter profit rose 20 percent on higher contract manufacturing revenue and a dip in costs. WASHINGTON (AP) ¿ SAIC Inc. said its fiscal first-quarter profit grew 13 percent as revenue soared on U.S. military spending on defense logistics and cybersecurity. HARTFORD, Conn. (AP) ¿ Russian mining and metals company Mechel OAO posted a 25 percent rise in profit in 2008, making the gains before the global economy deteriorated. UNDATED (AP) ¿ Toll Brothers Inc. said it trimmed its losses in the fiscal second quarter and is seeing a pickup in the number of homebuyers who are ready to put down deposits.
More from Stocks
Jim Cramer: A Cold War With China Is Worth Avoiding
I wish I could say buy this dip. But the dip is one that's not necessarily going to have an ending today.
Apple Gets Hit on Trump's Tweet Telling U.S. Firms Not to Make Goods in China
Apple is 'aggressively' looking to shift its supply chain away from China as a result of the trade tensions, according to an analyst.