Earnings highlights: BP, Discover, Corel, Citigroup, WD-40, MSCI and others

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Andersons Inc. (NASDAQ: ANDE) lifted its outlook on improved performance of its Plant Nutrient Group.
BP Plc (NYSE: BP) was upgraded by Societe Generale due in part to its earnings prospects.
Citigroup Inc. (NYSE: C) has developed an earnings improvement plan based on collective bonuses.
Corel Corp. (NASDAQ: CREL) solid Q2 results did not address a buyout offer from Vector Capital.
Discover Financial Services (NYSE: DFS) Q2 earnings were boosted by dumping its Goldfish card division.
Fortune Brands Inc. (NYSE: FO) lowered its earnings outlook on challenging consumer environment.
Isle of Capri Casinos Inc. (NASDAQ: ISLE) blamed dismal results on floods and smoking bans.
MSCI Inc. (NYSE: MXB) strong Q2 results didn't save it from being dumped by Morgan Stanley (NYSE: MS).
PAREXEL International Corp. (NASDAQ: PRXL) lifted its Q4 and full-year guidance, leading to an upgrade.
Texas Industries Inc. (NYSE: TXI) was downgraded due to fears about its earnings prospects.
Taleo Corp. (NASDAQ: TLEO) reaffirmed its outlook as an acquisition would boost results.
WD-40 Co. (NASDAQ: WDFC) posted solid Q3 results and offered conservative guidance.

Also, while Jim Cramer ponders what will signal the bottom, many investors will be looking at next week's earnings results for General Electric (NYSE: GE), the world's largest conglomerate, as a sign of the direction of the global market. And BusinessWeek reminds us that cheap stocks -- even with big names such as Ford Motor Co. (NYSE: F), Sprint Nextel Corp. (NYSE: S), and Northwest Airlines (NYSE: NWA) -- are no bargain if they have no earnings.

Upcoming results to watch for include Alcoa (NYSE: AA), Pepsi Bottling Group (NYSE: PBG), Marriott International (NYSE: MAR), and General Electric (NYSE: GE).

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