Earnings Roundup: AT&T, Lockheed Martin

SAN ANTONIO (AP) -- AT&T Inc., the nation's largest telecommunications company, on Tuesday reported net income of $3.1 billion in the third quarter, a 42 percent jump from the previous year before its acquisition of BellSouth Corp. was completed.

BETHESDA, Md. (AP) -- Strong results across its four business units pushed third-quarter earnings up 22 percent Tuesday at Lockheed Martin Corp., as the world's largest defense contractor beat Wall Street expectations and boosted its outlook for 2007.

KANSAS CITY, Mo. (AP) -- The breakfast chain IHOP Corp. on Tuesday said it swung to a third-quarter loss on expenses for its pending acquisition of Applebee's.

DOVER, Del. (AP) -- The DuPont Co.'s global reach continues to buffer the chemical maker from the weak U.S. housing and automotive markets, with international performance driving profits in the third quarter.

NEW ORLEANS (AP) -- Whitney Holding Corp. said Tuesday its profit leaped 39 percent in the third quarter, but missed Wall Street expectations as borrowers missed payments on loans and the bank paid more to attract deposits.

BOSTON (AP) -- Biogen Idec Inc.'s stock, driven up by the biotechnology company's recent announcement that it could be bought out, hit a small bump on Tuesday after its third-quarter profit and revenue fell short of Wall Street expectations.

GRAND RAPIDS, Mich. (AP) -- Household appliance maker Whirlpool Corp. said Tuesday its third-quarter earnings rose 50 percent on strong international growth and cost controls, but sales were hurt by a weak U.S. market and profits came in shy of Wall Street expectations.

PHILADELPHIA (AP) -- Specialty chemicals maker Rohm and Haas Co. said Tuesday third-quarter earnings fell 31 percent, hurt by costs from a restructuring plan, a pension charge and weak demand in North America.