this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening, thanks for joining us. susie gharib is off tonight, suzanne pratt joins me. wall street continued its focus on earnings today, suzanne, with disappointing results from boeing, comcast and c.v.s. caremark. suzanne: tom, we re just over the halfway point for second quarter results, and despite today s numbers, corporate profits are a lot stronger than they were last year at this time. tom: but, remember where we were a year ago. the second quarter of 2009 was a disaster, making for easy comparisons this year. that has investors scrutinizing the quality of earnings. and, as scott gurvey reports, so far that quality leaves a lot to be desired. reporter: earnings up 52%. companies beating estimates. margins at record levels. what more could an investor want? but there s trouble beneath the topline numbers. economic growth depe
this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt tom: good evening, thanks for joining us. susie gharib is off tonight, suzanne pratt joins me. wall street continued its focus on earnings today, suzanne, with disappointing results from boeing, comcast and c.v.s. caremark. suzanne: tom, we re just over the halfway point for second quarter results, and despite today s numbers, corporate profits are a lot stronger than they were last year at this time. tom: but, remember where we were a year ago. the second quarter of 2009 was a disaster, making for easy comparisons this year. that has investors scrutinizing the quality of earnings. and, as scott gurvey reports, so far that quality leaves a lot to be desired. reporter: earnings up 52%. companies beating estimates. margins at record levels. what more could an investor want? but there s trouble beneath the topline numbers. economic growth depe
captioning sponsored by macneil/lehrer productions lehrer: good evening, i m jim lehrer. on the newshour this friday, the lead story is the president s push to improve schools with education secretary duncan. then, we have the other news of the day; a report on the ad wars on health care reform; the analysis of mark shields and david brooks; the latest on the sting operation in new jersey with the arrest of 44 people; and a look at school recess, more to it than just play time. major funding for the newshour with jim lehrer is provided by: ( hard rock guitar riff playing ) we are intel, sponsors of tomorrow. what the world needs now is energy. the energy to get the economy humming again. the energy to tackle challenges like climate change. what is that energy came from an energy company? everyday, chevron invests $62 million in people, in ideas seeking, teaching, building. fueling growth around the world to move us all ahead. this is the power of human energy. chevro