o Time Warner Inc. (NYSE:TWX) posted second quarter earnings per share of $0.59, surpassing the Zacks Consensus Estimate of $0.58

o Automatic Data Processing (NASDAQ:ADP) reported fourth quarter earnings per share of $0.53, matching the Zacks Consensus Estimate of $0.53

o Avon Products, Inc. (NYSE:AVP) posted second quarter earnings per share of $0.20, missing the Zacks Consensus Estimate of $0.21

o Hyatt Hotels Corporation (NYSE:H) reported second quarter earnings per share of $0.24, beating the Zacks Consensus Estimate of $0.23 by a penny

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