Stocks in the news: Aetna, Honeywell, Verizon, Apple


The following post rounds up the companies making headlines today:

Aetna (AET) reported a 29 percent decline in its second quarter profit due to higher medical expenses in its commercial business, which it expects to continue for the rest of the year. The company's earnings were below analyst expectation even as revenue was above estimates. Aetna also cut its annual profit forecast -- the second time in two months. Meanwhile, the Wall Street Journal reported Aetna is shopping its pharmacy benefits management business. Shares skidded over 9 percent in pre-market trade.

Honeywell International (HON) reported that its second quarter earnings dropped 38 percent as troubled sectors like automobiles and construction continued to drag down its results. Revenue fell 22 percent. Results matched analyst expecations on the bottom line, but missed on the top.