Top 10 News for Week Ending 07/19: No 'Preset' Course for QE; Big Names, Big EPS Moves; Detroit Goes Belly-Up

General Electric (NYSE: GE) reported Q2 EPS of $0.36, $0.01 better than the analyst estimate of $0.35. Revenue for the quarter came in at $35.12 billion versus the consensus estimate of $35.58 billion.

Microsoft Corp. (Nasdaq: MSFT) reported Q4 EPS of $0.66, $0.09 worse than the analyst estimate of $0.75. Revenue for the quarter came in at $19.9 billion versus the consensus estimate of $20.73 billion.

Chipotle Mexican Grill (NYSE: CMG) reported Q2 EPS of $2.82, $0.01 better than the analyst estimate of $2.81. Revenue for the quarter came in at $816.8 million versus the consensus estimate of $802.8 million. Comparable restaurant sales increased 5.5%

Google, Inc. (Nasdaq: GOOG) reported Q2 EPS of $9.56, $1.22 worse than the analyst estimate of $10.78. Revenue for the quarter came in at $14.11 billion versus the consensus estimate of $14.42 billion.

Verizon Communications, Inc. (NYSE: VZ) reported Q2 adjusted EPS of $0.73, in-line with the analyst estimate of $0.73. Revenue for the quarter came in at $27.79 billion versus the consensus estimate of $29.83 billion.

Morgan Stanley (NYSE: MS) reported Q2 EPS of $0.37, $0.07 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $8.3 billion versus the consensus estimate of $7.93 billion.

Citigroup, Inc. (NYSE: C) reported Q2 EPS of $1.25 excluding CVA/DVA, $0.07 better than the analyst estimate of $1.18. Revenue for the quarter came in at $20.5 billion versus the consensus estimate of $19.67 billion. Revs were $20 billion flat excluding CVA/DVA.

IBM (NYSE: IBM) reported Q2 EPS of $3.91, $0.14 better than the analyst estimate of $3.77. Revenue for the quarter came fell 3% to $24.9 billion versus the consensus estimate of $25.39 billion.

Bank Of America Corp. (NYSE: BAC) reported Q2 EPS of $0.32, $0.07 better than the analyst estimate of $0.25. Revenue for the quarter came in at $22.95 billion versus the consensus estimate of $22.61 billion.

Yahoo, Inc. (Nasdaq: YHOO) reported Q2 EPS of $0.35, $0.05 better than the analyst estimate of $0.30. Revenue for the quarter, ex-TAC, came in at $1.07 billion versus the consensus estimate of $1.08 billion. GAAP revenue was $1.135 billion, a 7 percent decrease from last year.

Goldman Sachs Group, Inc. (NYSE: GS) reported Q2 EPS of $3.70, $0.78 better than the analyst estimate of $2.92. Revenue for the quarter came in at $8.61 billion versus the consensus estimate of $8.26 billion.

Johnson & Johnson (NYSE: JNJ) reported Q2 EPS of $1.48, $0.09 better than the analyst estimate of $1.39. Revenue for the quarter came in at $17.88 billion versus the consensus estimate of $17.71 billion.

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